Moura Timothy 4
4 · Heritage Insurance Holdings, Inc. · Filed Mar 9, 2026
Research Summary
AI-generated summary of this filing
Heritage Insurance (HRTG) Timothy Moura Receives Stock Awards
What Happened
Timothy Moura (reporting person) received equity awards from Heritage Insurance Holdings (HRTG) on March 5, 2026. The filing shows two grants (transaction code A) totaling 20,599 shares at $0.00 grant price: 4,337 shares of restricted stock (time‑based) and 16,262 shares of performance‑based restricted stock. No cash was exchanged — these are awards, not open‑market purchases or sales.
Key Details
- Transaction date: March 5, 2026; Form 4 filed March 9, 2026.
- Grants: 4,337 time‑based RSUs (vest in three installments: 1,445 shares on 12/15/2026, 1,446 on 12/15/2027, 1,446 on 12/15/2028).
- Grants: 16,262 performance‑based RSUs (three‑year performance period 1/1/2026–12/31/2028; vesting determined after the period and no later than 3/30/2029; number earned may decrease based on performance).
- Grant price reported as $0.00 (award/grant).
- Shares owned following the transaction are not specified in the provided filing excerpt.
- No tax‑withholding sales or option exercises are reported in this filing.
Context
Restricted stock awards are typical compensation tools and vest over time or upon meeting performance targets; they do not represent an immediate buy/sell signal. Performance awards may end up lower than the granted amount depending on company results over the stated performance period.
Insider Transaction Report
- Award
Common Stock
[F1]2026-03-05+4,337→ 270,955 total - Award
Common Stock
[F2]2026-03-05+16,262→ 287,217 total
Footnotes (2)
- [F1]Represents an award of restricted stock granted to the Reporting Person. The restricted stock vests in three installments of 1,445 shares on December 15, 2026, 1,446 shares of December 15, 2027 and 1,446 shares on December 15, 2028.
- [F2]Represents an award of performance based restricted stock granted to the Reporting Person. The performance based restricted stock has a three-year performance period beginning on January 1, 2026 and ending on December 31, 2028 and will vest following the end of the performance period but no later than March 30, 2029. The number of shares that will be earned at the end of the performance period is subject to decrease based on the results of the performance condition.