Binnun Sharon 4

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.