Fetter Victor 4

What Happened
Victor Fetter, a director of Horace Mann Educators Corp (HMN), was granted two compensation awards on May 20, 2026: 2,780 restricted stock units (RSUs) at $46.77 per share (value $130,021) and 1,175.968 deferred cash restricted stock units at $46.77 (value $55,000), for a combined grant-date value of $185,021. These were reported on a Form 4 filed May 22, 2026. The awards are coded as "A" (award/grant), not open-market purchases or sales.

Key Details

• Transaction date: 2026-05-20; grant price / grant-date value used: $46.77 per share.
• Grant amounts & values: 2,780 RSUs = $130,021; 1,175.968 deferred cash RSUs = $55,000; total = $185,021.
• Holdings reported following the grants: 11,396.038 vested RSUs, 1,175.968 deferred cash RSUs, and 14,200 shares of Common Stock (per filing footnotes).
• Notable footnotes: F1 — the 2,780 RSUs vest in full on May 20, 2027; F2 — granted as compensation for services; F4 — the 1,175.968 units are deferred cash RSUs under the company’s 2010 compensation plan; F3/F5 summarize pre- and post-transaction holdings.
• Filing timeliness: Form 4 was filed May 22, 2026 (two days after the grants), which is within the typical 2-business-day reporting window.

Context
Restricted stock units are compensation awards that convert to shares (or cash, for deferred cash RSUs) only upon vesting; these grants do not represent an immediate market purchase and are not immediately tradable. The 2,780 RSUs vest in full on May 20, 2027, per the filing. This filing is informational about insider compensation and holdings rather than a direct buying or selling signal.