Moura Timothy 4

What Happened

Timothy Moura, President of Narragansett Bay Insurance Company (a unit of Heritage Insurance Holdings, Inc.), recorded a disposition of 47,549 shares on 2026-03-12. The shares were withheld to satisfy tax liability related to the vesting of previously awarded performance-based restricted stock at a reported per-share value of $28.14, for a total value of $1,338,029. This was a tax-withholding disposition (routine) rather than an open-market sale.

Key Details

• Transaction date: 2026-03-12
• Action/code: F — shares withheld to satisfy tax withholding on vested performance RSUs
• Shares involved: 47,549 at $28.14 per share; total value reported $1,338,029
• Shares owned after transaction: Not specified in the filing
• Footnote: F1 — represents shares withheld to satisfy tax liability on vesting of previously awarded performance-based restricted stock
• Filing date: 2026-03-16 (file appears timely under the Form 4 reporting window)

Context

Share withholding to cover taxes on vested awards is common and typically a routine administrative transaction, not a market-directional trade. It does not necessarily indicate insider sentiment about the company’s stock.