Binnun Sharon 4
4 · Heritage Insurance Holdings, Inc. · Filed Jul 2, 2026
Research Summary
AI-generated summary of this filing
Heritage Insurance (HRTG) Chief Accounting Officer Sharon Binnun Sells Shares
What Happened
Sharon Binnun, Chief Accounting Officer of Heritage Insurance Holdings, sold 9,200 shares on July 1, 2026. The weighted-average sale price was $26.58 per share for total proceeds of approximately $244,493. The Form 4 reports the sale as an open-market or private sale (code S).
Key Details
- Transaction date: July 1, 2026
- Transaction type: Sale (S) — open market or private sale
- Shares sold: 9,200
- Prices: weighted average $26.58; range $26.245 to $26.97 per share (see footnote)
- Total proceeds: $244,493 (approx.)
- Shares owned after transaction: Not disclosed on the Form 4
- Footnotes: F1 — sales were effected under a Rule 10b5-1 trading plan adopted Dec 12, 2025; F2 — price range provided, and the filer can supply per-price breakdown on request
- Filing: Form 4 filed July 2, 2026 (timely for a July 1 transaction)
Context
The sale was executed under a 10b5-1 trading plan, which is a pre-arranged program that allows insiders to sell shares according to preset instructions. Such planned sales are often routine and do not necessarily signal a change in the insider’s view of the company. For retail investors, outright purchases by insiders typically carry more immediate informational weight than routine sales.
Insider Transaction Report
- Sale
Common Stock
[F1][F2]2026-07-01$26.58/sh−9,200$244,493→ 105,588 total
Footnotes (2)
- [F1]The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan previously adopted by the Reporting Person on December 12, 2025.
- [F2]Represents the weighted average of the shares sold. The prices of the shares sold pursuant to the transaction range from $26.245 to $26.97 per share. The Reporting Person, upon request, will provide the Securities and Exchange Commission staff, the issuer or a security holder of the issuer full information regarding the number of shares sold at each separate price.