Ernie J. Garateix, Chief Executive Officer and Director of Heritage Insurance Holdings, Inc. (NYSE:HRTG), filed a Form 4 on August 19, 2026, disclosing the sale of 10,000 shares of common stock across two transactions on August 17 and August 18, 2026.

Key Highlights

  • First sale: 5,000 shares sold on August 17, 2026, at a weighted average price of $34.31 per share, with individual trade prices ranging from $34.30 to $34.32.
  • Second sale: 5,000 shares sold on August 18, 2026, at a weighted average price of $34.545 per share, with individual trade prices ranging from $34.50 to $34.59.
  • Remaining ownership: Following both transactions, Garateix directly beneficially owned 1,050,955 shares of common stock.
  • Scale of sales: According to the filing, the aggregate shares sold represent less than 1% of the reporting person's holdings of the issuer's common stock.
  • 10b5-1 plan status: The filing notes that a 10b5-1 trading plan adopted on June 13, 2025 was terminated on May 20, 2026, with last sales under that plan effected on April 20, 2026. The current transactions were not conducted under that plan.

Heritage Insurance CEO Share Sales Outside Prior 10b5-1 Plan

According to the Form 4 filed with the SEC, Ernie J. Garateix, who serves as both Chief Executive Officer and Director of Heritage Insurance Holdings, Inc., disposed of a combined 10,000 shares of common stock on August 17 and August 18, 2026. Both transactions are coded "S" in the filing, indicating open-market sales. All shares were held and disposed of directly.

The filing discloses that the August 17 sale carried a weighted average price of $34.31, with the per-share price range spanning $34.30 to $34.32. The August 18 sale carried a weighted average price of $34.545, with the per-share price range spanning $34.50 to $34.59. The filing notes that full details on shares sold at each separate price are available upon request to the SEC staff, the issuer, or a security holder.

Notably, the filing states that a Rule 10b5-1 trading plan previously adopted by Garateix on June 13, 2025 was terminated on May 20, 2026, and that his last sales under that plan were made on April 20, 2026. The filing does not indicate that the August 2026 transactions were made pursuant to any 10b5-1 plan. After both sales, Garateix reported direct beneficial ownership of 1,050,955 shares.

What Was Disclosed

The filing covers two open-market sales of Heritage Insurance Holdings common stock by CEO Ernie J. Garateix totaling 10,000 shares on August 17-18, 2026, leaving him with direct beneficial ownership of 1,050,955 shares. A previously existing 10b5-1 trading plan was terminated on May 20, 2026.