Ryan E. Greenier, EVP and Chief Financial Officer of Horace Mann Educators Corp /DE/ (NYSE:HMN), filed a Form 4 on November 10, 2026, disclosing transactions in common stock and employee stock options dated November 6, 2026.
Key Highlights
- Option exercise: Greenier exercised an employee stock option (transaction code M) for 4,772 shares of common stock at a conversion/exercise price of $41.95, with an expiration date of 03/07/2027.
- Shares acquired: 4,772 shares were acquired at $41.95 per share on November 6, 2026, bringing direct beneficial ownership to 18,564.932 shares following that transaction.
- Shares withheld: 4,061 shares were disposed of (transaction code F) at $53.17 per share, withheld by the issuer to satisfy the exercise price and applicable tax withholding obligations in connection with the net exercise.
- Post-transaction direct holdings: Following both transactions, Greenier directly held 14,503.932 shares, comprising 634.932 vested restricted stock units, 12,775 shares of common stock, and 1,094 shares in his IRA, according to the filing.
- Indirect holdings: An additional 111 shares are held indirectly through the reporting person's spouse's IRA.
- Derivative position reduced to zero: Following the exercise, Greenier's beneficial ownership of the exercised employee stock option stands at 0, according to the filing.
Greenier Net-Exercises Stock Options and Satisfies Tax Withholding
According to the Form 4 filed with the SEC on November 10, 2026, Ryan E. Greenier, in his capacity as EVP and Chief Financial Officer of Horace Mann Educators Corp /DE/ (NYSE:HMN), reported two transactions in common stock on November 6, 2026. The first was an acquisition of 4,772 shares under transaction code M, reflecting the exercise of an employee stock option originally exercisable beginning 03/07/2021 and set to expire 03/07/2027, at an exercise price of $41.95 per share. The price of the derivative security in connection with the exercise was listed as $0.
The filing further disclosed that 4,061 shares were simultaneously withheld by the issuer (transaction code F) at a price of $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 these two transactions, Greenier's direct beneficial ownership stood at 14,503.932 shares, described in the filing as comprising 634.932 vested restricted stock units, 12,775 shares of common stock, and 1,094 shares held in his IRA.
The filing was signed by Linea K. Crouse, identified as Attorney in Fact for Ryan E. Greenier, on November 10, 2026. Greenier also holds 111 shares indirectly through his spouse's IRA, as reported in Table I of the filing.
What Was Disclosed
The filing disclosed that Horace Mann Educators Corp's CFO, Ryan E. Greenier, exercised 4,772 employee stock options on November 6, 2026, with 4,061 shares withheld by the issuer for exercise price and tax obligations, leaving him with 14,503.932 directly held shares.



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