Beverley J. McClure - 06 Jan 2025 Form 4 Insider Report for HORACE MANN EDUCATORS CORP /DE/ (HMN)

Role
Director
Signature
Linea K. Michael, Attorney in Fact for Beverley J. McClure
Issuer symbol
HMN
Transactions as of
06 Jan 2025
Net transactions value
-$108,052
Form type
4
Filing time
08 Jan 2025, 09:36:45 UTC
Previous filing
13 Nov 2024
Next filing
03 Apr 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HMN Common Stock Sale $108,052 -2,817 -15% $38.36 16,352 06 Jan 2025 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

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).

Explanation of Responses:

Id Content
F1 The sale reported in this Form 4 was effected by a Rule 10b5-1 trading plan adopted by the reporting person on August 12, 2024.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $37.80 to $39.04.
F3 Represents 13,037.447 vested restricted stock units and 3,315 shares of Common Stock.