HORACE MANN EDUCATORS CORP /DE/·4

Mar 6, 3:05 PM ET

Carley Donald M 4

Research Summary

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Updated

Horace Mann (HMN) GC Carley Donald Receives 19,617 RSUs

What Happened

  • Carley M. Donald, General Counsel of Horace Mann Educators Corp. (HMN), was granted awards on March 4, 2026 totaling 19,616.788 shares (reported as three acquisitions: 2,295; 6,145.788; and 11,176 shares), all reported at $0.00 (awards rather than purchases). The awards are restricted stock units (RSUs)/derivative awards — not open-market purchases or sales — so no cash changed hands.

Key Details

  • Transaction date: March 4, 2026; Form 4 filed March 6, 2026 (appears timely).
  • Reported amounts: 2,295; 6,145.788; and 11,176 shares (total 19,616.788) at $0.00 per share.
  • Derivative treatment: one line is reported as a derivative acquisition (RSUs that represent the right to receive shares on vesting).
  • Footnotes: some RSUs are fully vested; others vest in three equal annual installments beginning March 4, 2027. Footnotes also reference holdings of vested RSUs and 7,413 shares of common stock (see filing for the exact footnote breakdown). Another footnote notes an option vesting schedule (four equal annual installments beginning March 4, 2027).
  • No sale or cash exercise reported; this is an equity award (code A).

Context

  • RSUs are deferred equity awards that convert to shares upon vesting; awards at $0.00 reflect compensation grants, not purchases. Vested RSUs can be sold by the insider once delivered; unvested RSUs do not convey current voting rights or dividends until vested.
  • These awards are routine compensation for executives and do not by themselves indicate a buy/sell signal. For full detail, including exact vesting/tracking of the different grant components, review the complete Form 4 and its footnotes.