Desrochers Mark R 4

What Happened

• Mark R. Desrochers, Senior Vice President of Horace Mann Educators Corp (HMN), was issued 3,825.559 shares through the vesting of restricted stock units (RSUs) on March 4, 2026. The Form 4 reports the acquisition price as $0.00 (award/vesting), resulting in a reported acquisition value of $0. After the vesting, Desrochers' beneficial ownership is reported as 20,556 shares of common stock. This transaction is an award/vesting event, not an open-market purchase or sale.

Key Details

• Transaction date: 2026-03-04 (reported on Form 4 filed 2026-03-06)
• Transaction type: A (award/acquisition via RSU vesting)
• Shares acquired: 3,825.559 RSUs (vested)
• Price reported: $0.00 per share (acquisition value reported as $0)
• Shares owned after transaction: 20,556 common shares
• Footnotes: F1 notes the RSUs are fully vested; F2 clarifies the filing represents the 3,825.559 vested RSUs and total beneficial ownership of 20,556 shares
• Filing timeliness: Form 4 was filed two days after the transaction date (no late-filing indication)

Context

• This was a vesting of previously granted RSUs that converted into common shares for the insider; no shares were sold in this transaction. RSU vesting is a common form of executive compensation and represents compensation realization rather than an open-market purchase or sale.