Binnun Sharon 4

What Happened
Sharon Binnun, Chief Accounting Officer of Heritage Insurance Holdings, sold 9,200 shares on June 22, 2026. The filing reports a weighted average sale price of $24.36 per share for total proceeds of approximately $224,103. The filing notes the shares were sold pursuant to an open-market or private sale and were executed under a previously adopted Rule 10b5-1 trading plan.

Key Details

• Transaction date: June 22, 2026; Form 4 filed June 24, 2026 (timely under the SEC two-business-day rule).
• Transaction type/code: Sale (S).
• Shares sold: 9,200; weighted average price $24.36; price range $24.00–$24.54.
• Reported proceeds: ~$224,103.
• Shares owned after the transaction: Not reported in the information provided on this filing.
• Footnotes: (F1) Sale effected pursuant to a 10b5-1 plan adopted December 12, 2025. (F2) Prices ranged $24.00–$24.54; the reporting person can provide the number of shares sold at each price upon request.

Context
Sales executed under 10b5-1 plans are pre-scheduled and are commonly used by insiders to trade without running afoul of insider-trading rules; such sales are often routine and do not necessarily indicate a change in the insider’s view of the company. Purchases generally carry more informational weight for investors than routine sales.