Heritage (HRTG) CEO Ernie Garateix Sells 10,000 Shares

What Happened

• Ernie J. Garateix, CEO of Heritage Insurance Holdings, Inc. (HRTG), sold 10,000 shares in an open-market transaction on August 24, 2026. The weighted average sale price was $34.88 per share, generating proceeds of approximately $348,750. This was a sale (not a purchase or option exercise), which is typically a routine disposition rather than a direct bullish signal.

Key Details

• Transaction date: 2026-08-24 (reported on Form 4 filed 2026-08-26)
• Transaction type: Open-market sale (Code S)
• Shares sold: 10,000 shares
• Weighted average price: $34.88; price range reported $34.50 to $35.25 per share (Footnote F1)
• Approximate proceeds: $348,750
• Shares owned after the transaction: Not specified in the information provided in this summary
• Footnote: F1 states the weighted average and that the seller can provide the exact number of shares sold at each separate price to the SEC, issuer, or a security holder upon request
• Timeliness: Form 4 was filed two days after the transaction date; this appears to be timely under Form 4 reporting rules (file within two business days)

Context

• Sales by executives can reflect many reasons (diversification, liquidity needs, planned transactions) and do not by themselves indicate management sentiment about the company. The filing does not disclose a 10b5-1 trading plan or other special arrangement, nor any tax-withholding or exercise details tied to this sale.