Beverley J. McClure - Nov 20, 2023 Form 4 Insider Report for HORACE MANN EDUCATORS CORP /DE/ (HMN)

Role
Director
Signature
Linea K. Michael, Attorney in Fact for Beverley J. McClure
Stock symbol
HMN
Transactions as of
Nov 20, 2023
Transactions value $
-$19,122
Form type
4
Date filed
11/21/2023, 01:14 PM
Previous filing
Aug 23, 2023
Next filing
Feb 22, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HMN Common Stock Sale -$19.1K -590 -2.66% $32.41 21.6K Nov 20, 2023 Direct F1, F2
* 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 March 31, 2023.
F2 Represents 12,246.826 vested restricted stock units and 9,319 shares of Common Stock.