Heritage Insurance Holdings, Inc.·4

Jan 22, 7:42 PM ET

Garateix Ernie J 4

Research Summary

AI-generated summary

Updated

Heritage Insurance (HRTG) CEO Ernie Garateix Sells $216.9K in Shares

What Happened
Ernie J. Garateix, Chief Executive Officer of Heritage Insurance Holdings, sold a total of 8,334 shares in open‑market transactions on January 20, 2026. The filings list two sales: 8,234 shares at $26.02 each (proceeds $214,249) and 100 shares at $26.67 each (proceeds $2,667), for total gross proceeds of $216,916. These were sales (not purchases).

Key Details

  • Transaction date: January 20, 2026. Form filed January 22, 2026 (timely filing).
  • Reported line items: 8,234 shares @ $26.02 = $214,249; 100 shares @ $26.67 = $2,667. Total = $216,916.
  • Footnote F1: Sales were effected pursuant to a Rule 10b5‑1 trading plan adopted June 13, 2025.
  • Footnote F2: Filing notes a weighted average and states share prices for the transaction range from $25.62 to $26.55; the reporting person will provide a per‑price breakdown to the SEC or others on request.
  • Shares owned after transaction: not specified in the excerpt provided — check the full Form 4 for post‑transaction beneficial ownership.

Context
These sales were made under a pre‑established 10b5‑1 plan, which generally indicates automated, prearranged trading rather than ad hoc insider selling. Sales are common and do not, by themselves, indicate management’s view of the company’s prospects; purchases tend to be more informative for bullish signals.