BRADLEY THOMAS A 4

What Happened

• Bradley Thomas, a director of Horace Mann Educators Corp (HMN), was granted 2,780 restricted stock units (RSUs) on May 20, 2026. The grant price reported is $46.77 per share, giving a total grant value of $130,021.
• This was an award/compensation grant (transaction code A), not an open-market purchase or sale.

Key Details

• Transaction date and price: May 20, 2026 — 2,780 RSUs @ $46.77 each (total $130,021).
• Vesting: The RSUs will vest in full on May 20, 2027 (footnote F1).
• Purpose: Granted as compensation for services (footnote F2).
• Current holdings: Filing notes Thomas directly holds 26,812 shares of common stock (footnote F3). The RSUs are not yet vested and therefore not yet owned; if vested, total would be 29,592 shares.
• Filing timeliness: Report filed May 22, 2026 (two days after the transaction), which appears timely under standard Form 4 rules.

Context

• RSU grants are a form of compensation and do not represent an immediate cash purchase or sale; they typically vest over time and may be subject to forfeiture until vesting.
• For retail investors: awards signal compensation alignment but are less direct than insider purchases as an indicator of personal investment conviction.