The cluster is too small in dollar terms and involves only directors, not C-suite executives, to carry any meaningful signal. Monitor for any upcoming earnings or material events that could trigger a larger insider response, but this filing alone does not warrant a trade.
Price Chart
Executive Summary
Two HMN directors sold a combined $329K in open-market sales over a 7-day window, representing ~0.016% of the company's $2.1B market cap. The dollar amount is trivial relative to market cap, and both sellers are directors (not C-suite), which carries weaker informational content per the academic literature.
Key Financial Metrics
Key Facts
- Two directors sold a combined $329K in open-market sales (0.016% of market cap)
- Both sales occurred on August 12, 2026, within a 7-day cluster window
- No C-suite executives participated; both sellers are non-employee directors
- No cross-filing context (earnings, restructuring, late filing) triggered to amplify the signal
Financial Impact
$329K total insider sales, representing 0.016% of $2.1B market cap — immaterial
Risk Factors
- Insider sales may be liquidity-driven or part of routine portfolio diversification
- No C-suite participation limits the informational value of the cluster
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-HMN-1786736607512 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 8, 2026 18d ago | 144 | $45.56 | awaiting T+20 | — | $46.49 (+2.04%) |
Oct 6, 2026 20d ago | 144 | $45.51 | awaiting T+20 | — | $46.49 (+2.15%) |
Sep 8, 2026 6w ago | Insider Cluster | $50.03 $45.51 | ▲ +9.04% | ▲ +11.01% | $46.49 (+7.08%) |
Aug 14, 2026 10w ago | Insider Cluster | $52.47 $49.78 | ▼ −5.13% | ▼ −3.14% | $46.49 (−11.40%) |
May 6, 2026 24w ago | 8-K | $45.15 $45.30 | ▲ +0.33% | ▼ −2.80% | $46.49 (+2.97%) |
Mar 26, 2026 30w ago | Insider Cluster | $42.87 $45.54 | ▲ +6.23% | ▼ −4.44% | $46.49 (+8.44%) |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Create a free account Live analysis, Telegram alerts, watchlists and the MCP server for subscribers