Heritage Insurance (HRTG) CEO Ernie Garateix Sells Shares

What Happened
Ernie J. Garateix, CEO of Heritage Insurance Holdings, sold 8,334 shares on 2026-03-20 in a disposition valued at approximately $211,579. The weighted-average price reported was $25.39 per share; individual sale prices ranged from $25.12 to $25.715.

Key Details

• Transaction date: 2026-03-20 (reported on Form 4 filed 2026-03-23). Filing was within the standard Form 4 deadline.
• Transaction type/code: Sale (S) — open market/private sale reported.
• Shares sold: 8,334; weighted-average price $25.39; total proceeds ~$211,579. Price range: $25.12–$25.715 (Reporting Person can provide per-price breakdown on request).
• Footnote: Sale executed pursuant to a Rule 10b5-1 trading plan adopted June 13, 2025 (preplanned disposition).
• Shares owned after the transaction: not specified in the provided filing details.

Context
Sales executed under a pre-established 10b5-1 plan are typically preplanned transactions and do not necessarily indicate a change in the insider’s view of the company. For retail investors, purchases can be more informative as a signal of insider confidence; routine sales like this are common for liquidity or diversification.