HORACE MANN EDUCATORS CORP /DE/·4

Mar 6, 2:59 PM ET

ZURAITIS MARITA 4

Research Summary

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Updated

Horace Mann (HMN) CEO Marita Zuraitis Receives Award

What Happened

  • Marita Zuraitis, President & CEO and a director of Horace Mann Educators Corp. (HMN), was granted/received three awards on March 4, 2026 totaling 191,952.544 shares (reported price $0.00).
  • The filing shows: 21,957 shares (award), 63,055.544 shares (award), and 106,940 shares (reported as a derivative acquisition). All items are reported as awards/restricted stock units (RSUs) or similar—no cash purchase or sale was reported.

Key Details

  • Transaction date: March 4, 2026; Form 4 filed March 6, 2026 (filed within the typical 2‑business‑day window).
  • Reported price: $0.00 for each line (award/RSU grants are shown at $0 on Form 4; they still have economic value but are not open‑market purchases).
  • Shares awarded: 21,957; 63,055.544; 106,940 (total ≈191,952.544).
  • Derivative note: the 106,940 item is reported as a derivative acquisition—this reflects RSUs or a similar derivative equity award rather than an option exercise or open‑market trade.
  • Post‑transaction holdings (per filing footnotes): the filing references holdings such as 214,084.774 vested RSUs + 66,314 common shares, and also 277,140.318 vested RSUs + 66,314 common shares in different footnotes. See filing footnotes for exact mapping to each award line.
  • Vesting/other footnotes: one award vests in three equal annual installments beginning March 4, 2027 (F1). Another award is noted as fully vested RSUs (F3). A separate footnote (F5) mentions an option vesting schedule (four equal annual installments beginning March 4, 2027), though no option exercise was reported on this Form 4.

Context

  • This was an equity award (RSUs/derivative award), not an open‑market purchase or sale—awards are commonly part of executive compensation and are reported at $0 on Form 4 even though they represent future value.
  • For retail investors, awards are informative about compensation and potential future dilution when/if RSUs vest and convert to shares, but they do not by themselves signal buying or selling intent.
  • No late filing was indicated; the Form 4 appears timely.