Binnun Sharon 4

What Happened
Sharon Binnun, Chief Accounting Officer of Heritage Insurance Holdings, sold a total of 9,200 shares on April 1, 2026 in two transactions: 8,700 shares at $25.69 (reported value $223,493) and 500 shares at $26.19 (reported value $13,095), for aggregate proceeds of about $236,588. These were sales (not purchases), which are often routine distributions of stock rather than an explicit bullish signal.

Key Details

• Transaction date: April 1, 2026. Form 4 filed April 3, 2026 (appears timely).
• Reported trades: 8,700 shares @ $25.69 ($223,493) and 500 shares @ $26.19 ($13,095); total ≈ $236,588.
• Footnote F1: Sales were made pursuant to a Rule 10b5‑1 trading plan adopted December 12, 2025.
• Footnote F2: Filing gives a weighted-average perspective; prices sold ranged roughly from $25.19 to $26.18 per share and the filer will provide the SEC or holders details on request.
• Shares owned after transaction: not disclosed in this filing.

Context
These sales were executed under a pre-arranged 10b5‑1 plan, which lets insiders sell shares according to a preset schedule and is intended to reduce concerns about trading on inside information. For retail investors, note that insider sales are common and less informative than insider purchases; a 10b5‑1 sale typically reflects a planned disposition rather than a new, discretionary view on the company.