Horace Mann Educators Corp General Counsel Donald M. Carley filed a Form 4 on November 10, 2026, reporting three transactions in common stock on November 6, 2026, including the exercise of employee stock options and a sale of shares.

Key Highlights

  • Option exercise: Carley exercised 12,952 employee stock options at a conversion price of $41.95 per share on November 6, 2026, with an expiration date of March 7, 2027.
  • Shares sold: 3,551 shares of common stock were disposed of at $52 per share on November 6, 2026.
  • Shares withheld: 11,021 shares were withheld by the issuer at $53.17 per share to satisfy the exercise price and applicable tax withholding obligations in connection with a net exercise of stock options.
  • Resulting ownership: Following all reported transactions, Carley directly held 27,325.284 shares, comprising 23,119.284 vested restricted stock units and 4,206 shares of common stock.
  • Role: Carley is identified in the filing as General Counsel of Horace Mann Educators Corp /DE/, listed on NYSE:HMN.
  • Filing agent: The form was signed by Linea K. Crouse as Attorney in Fact for Donald M. Carley.

Carley's November 6 Transactions in Horace Mann Common Stock

According to the Form 4 filing, Donald M. Carley, General Counsel of Horace Mann Educators Corp /DE/ (NYSE:HMN), reported three transactions in the company's common stock, all dated November 6, 2026. The first was a sale (transaction code S) of 3,551 shares at $52 per share, reducing his directly held position. At that point, following the sale, the filing records his beneficial ownership at 25,394.284 shares, consisting of 23,119.284 vested restricted stock units and 2,275 shares of common stock.

The second transaction was an option exercise (transaction code M) in which Carley acquired 12,952 shares at the exercise price of $41.95, increasing his directly held position to 38,346.284 shares, representing 23,119.284 vested restricted stock units and 15,227 shares of common stock. This exercise corresponded to the full cancellation of 12,952 employee stock options that were originally exercisable from March 7, 2021 and set to expire March 7, 2027. The filing reports the price of the derivative security as $0 and the remaining balance of those options as zero following the transaction.

The third transaction (transaction code F) reflected the withholding of 11,021 shares by the issuer at $53.17 per share. The filing states these shares "were withheld by the issuer in connection with a net exercise of stock options to satisfy the exercise price and applicable tax withholding obligations." After this withholding, Carley's directly reported beneficial ownership stood at 27,325.284 shares, comprising 23,119.284 vested restricted stock units and 4,206 shares of common stock. All positions are held directly.

What Was Disclosed

The filing disclosed three November 6, 2026 transactions by Horace Mann General Counsel Donald M. Carley: a sale of 3,551 shares at $52, an exercise of 12,952 options at $41.95, and an issuer withholding of 11,021 shares at $53.17, leaving a net directly held position of 27,325.284 shares.