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[Form 4] Huron Consulting Group Inc. Insider Trading Activity

Filing Impact
(Low)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Debra Zumwalt, a director of Huron Consulting Group Inc. (HURN), reported a sale of 170 shares of the company's common stock on 08/14/2025 at a price of $135.38 per share. The sale was executed automatically under a Rule 10b5-1 trading plan adopted by the reporting person on May 16, 2025. After the reported transaction, the filing shows the reporting person beneficially owned 26,809 shares. The Form 4 was signed on behalf of Ms. Zumwalt by an attorney-in-fact on 08/18/2025. The filing discloses a routine, pre-planned disposition rather than an ad hoc trade.

Positive

  • None.

Negative

  • None.

Insights

TL;DR Director sold a small portion of holdings under a pre-established 10b5-1 plan; disclosure shows compliance and limited immediate investor impact.

The sale of 170 shares at $135.38 via a Rule 10b5-1 plan indicates the transaction was pre-planned and not opportunistic. With 26,809 shares remaining after the sale, this transaction represents a small reduction in beneficial ownership. The filing provides clear dates: plan adoption on May 16, 2025, trade date 08/14/2025, and signature dated 08/18/2025, supporting proper insider reporting protocols.

TL;DR Governance controls appear to function: insider used a documented 10b5-1 plan and timely Form 4 disclosure was filed.

Use of a 10b5-1 trading plan reduces the likelihood the sale was based on non-public information, and the Form 4 identifies the transaction code and plan adoption date. The filing was executed by an attorney-in-fact, which is permissible and properly disclosed. No additional governance concerns or related-party transactions are noted in this filing.

SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
X
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Zumwalt Debra

(Last) (First) (Middle)
C/O HURON CONSULTING GROUP INC.
550 WEST VAN BUREN STREET

(Street)
CHICAGO IL 60607

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Huron Consulting Group Inc. [ HURN ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
08/14/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 08/14/2025 S 170(1) D $135.38 26,809 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. The reported sale of 170 shares occurred automatically pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 16, 2025.
Remarks:
/s/ Hope Katz, Attorney-in-fact for Debra Zumwalt 08/18/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did Debra Zumwalt report in the Form 4 for HURN?

The Form 4 reports a sale of 170 shares of Huron Consulting Group Inc. common stock on 08/14/2025 at $135.38 per share.

Was the sale by the HURN director part of a 10b5-1 plan?

Yes. The sale occurred automatically under a Rule 10b5-1 trading plan adopted on May 16, 2025.

How many HURN shares did the reporting person own after the transaction?

26,809 shares of common stock were reported as beneficially owned following the transaction.

When was the Form 4 signed and by whom?

The Form 4 was signed on behalf of Debra Zumwalt by Hope Katz, Attorney-in-fact, on 08/18/2025.

Does this Form 4 indicate any option exercises or derivative transactions for HURN?

No. The filing lists only a non-derivative sale of common stock and contains no derivative securities transactions.
Huron Consul

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