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4Accepted Aug 19, 5:01 PM ET

Heritage Insurance (HRTG) CEO Ernie Garateix Sells Shares

HRTGHeritage Insurance Holdings, Inc.

Accepted (ET)

5:01 PM

Aug 19, 2026

Filed

Aug 19, 2026

Documents

1

Size

7.5 KB

Summary

Heritage Insurance (HRTG) CEO Ernie Garateix Sells Shares

Updated

What Happened
Ernie J. Garateix, CEO of Heritage Insurance Holdings, sold a total of 10,000 shares of HRTG in open-market transactions — 5,000 shares on Aug 17, 2026 and 5,000 shares on Aug 18, 2026. The trades were executed at weighted-average prices of $34.31 and $34.55, generating proceeds of approximately $171,550 and $172,725 respectively (about $344,275 combined). These were sales (not purchases), which are often routine insider liquidity events.

Key Details

  • Transaction dates and prices:
    • Aug 17, 2026: 5,000 shares sold, weighted average price $34.31 (range reported $34.30–$34.32) — proceeds ≈ $171,550.
    • Aug 18, 2026: 5,000 shares sold, weighted average price $34.55 (range reported $34.50–$34.59) — proceeds ≈ $172,725.
  • Shares owned after transaction: Not specified in the provided data; filing notes the aggregate shares sold represent less than 1% of the reporting person’s holdings (Footnote F1).
  • Footnotes: F2 and F3 state the price ranges for the respective sales and that exact per-price quantities can be provided on request.
  • 10b5-1 plan status: The CEO’s prior 10b5-1 trading plan (adopted June 13, 2025) was terminated May 20, 2026; last sales under that plan occurred April 20, 2026 — these August trades were outside that plan.
  • Filing timeliness: Form 4 was filed Aug 19, 2026 reporting trades on Aug 17–18; this appears to be filed within the usual two-business-day window.

Context
These transactions are straightforward open-market sales (Form 4 code S). Sales can reflect routine liquidity needs and, by themselves, do not indicate the CEO’s view of the company’s prospects. The filing’s footnotes provide additional pricing detail if needed.

AI-written summary · check the filing