Horace Mann (HMN) director receives 2,780 restricted stock units as compensation

Filing Impact

(Moderate)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Reece Henry Wade reported acquisition or exercise transactions in this Form 4 filing.

Horace Mann Educators Corp. director Henry Wade Reece received an award of 2,780 shares of Common Stock in the form of restricted stock units valued at $46.77 per share. These units were granted as compensation for services and will vest in full on May 20, 2027.

After this grant, Reece’s reported holdings total 42,864.686 units, including 34,056.512 vested share-based restricted stock units and 8,808.174 deferred cash restricted stock units. This filing reflects a compensation-related equity award rather than an open-market purchase.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Reece Henry Wade

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	2,780	$46.77	$130K

Holdings After Transaction: Common Stock — 42,864.686 shares (Direct, null)

Footnotes (1)

The acquisition of Common Stock reported hereby is in the form of share-based restricted stock units which will vest in full on May 20, 2027. Granted as compensation for services. Represents 34,056.512 vested share-based restricted stock units and 8,808.174 deferred cash restricted stock units.

Key Figures

RSU grant size: 2,780 restricted stock units Grant reference price: $46.77 per share Total holdings after grant: 42,864.686 units +3 more

6 metrics

RSU grant size 2,780 restricted stock units Award of Common Stock units on May 20, 2026

Grant reference price $46.77 per share Price per share used for the RSU award

Total holdings after grant 42,864.686 units Reported equity-based holdings following the transaction

Vested share-based RSUs 34,056.512 units Portion of holdings in vested share-based restricted stock units

Deferred cash RSUs 8,808.174 units Portion of holdings in deferred cash restricted stock units

Vesting date for new grant May 20, 2027 Date when the 2,780 restricted stock units vest in full

Key Terms

restricted stock units, deferred cash restricted stock units, grant, award, or other acquisition, equity-based compensation

4 terms

restricted stock units financial

"The acquisition of Common Stock reported hereby is in the form of share-based restricted stock units which will vest in full on May 20, 2027."

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

deferred cash restricted stock units financial

"Represents 34,056.512 vested share-based restricted stock units and 8,808.174 deferred cash restricted stock units."

grant, award, or other acquisition financial

"transaction_code_description: Grant, award, or other acquisition"

equity-based compensation financial

"Granted as compensation for services."

Equity-based compensation is pay given to employees or contractors in the form of company ownership—such as stock, stock options, or restricted shares—instead of or in addition to cash. It matters to investors because it aligns workers’ interests with shareholders (like giving employees a slice of the company pie), but can also dilute existing owners and appears as a real cost on financial statements, affecting earnings and share value.

Form 4 Insider Transactions: What Each Field Means →

05/22/2026 - 09:39 AM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Reece Henry Wade

(Last)

(First)

(Middle)

1919 REID STREET

(Street)

RALEIGH

NORTH CAROLINA

27608

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
HORACE MANN EDUCATORS CORP /DE/ [ HMN ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/20/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock⁽¹⁾	05/20/2026		A		2,780	A	$46.77⁽²⁾	42,864.686⁽³⁾	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. The acquisition of Common Stock reported hereby is in the form of share-based restricted stock units which will vest in full on May 20, 2027.

2. Granted as compensation for services.

3. Represents 34,056.512 vested share-based restricted stock units and 8,808.174 deferred cash restricted stock units.

Remarks:

	Linea K. Michael, Attorney in Fact for H. Wade Reece	05/22/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What did Horace Mann (HMN) director Henry Wade Reece report in this Form 4?

Henry Wade Reece reported receiving 2,780 Common Stock restricted stock units valued at $46.77 per share. The award was granted as compensation for services and will vest in full on May 20, 2027, increasing his overall reported equity-based holdings.

Was the Horace Mann (HMN) Form 4 transaction an open-market stock purchase?

No, the Form 4 shows a grant of 2,780 restricted stock units, not an open-market purchase. The units were granted as compensation and will vest on May 20, 2027, meaning they are subject to service-based vesting conditions rather than being bought on the market.

How many Horace Mann (HMN) shares or units does Henry Wade Reece hold after this grant?

Following the grant, Henry Wade Reece’s reported holdings total 42,864.686 units. This includes 34,056.512 vested share-based restricted stock units and 8,808.174 deferred cash restricted stock units, reflecting his accumulated equity-based compensation in the company.

When do the newly granted Horace Mann (HMN) restricted stock units vest?

The 2,780 restricted stock units granted to Henry Wade Reece will vest in full on May 20, 2027. Vesting means the units convert into deliverable value at that date, assuming applicable service conditions are satisfied during the vesting period.

What type of compensation is disclosed in this Horace Mann (HMN) Form 4 filing?

The filing discloses equity-based compensation in the form of restricted stock units. The 2,780 units were granted as compensation for services, adding to previously vested share-based units and deferred cash restricted stock units already held by the reporting person.