The selling by a director is routine in size and likely unrelated to material non-public information; the offsetting buy by the CMO is too small to signal strong conviction. No actionable trading signal for investors.
Price Chart
Executive Summary
Two insiders at Horace Mann Educators traded shares over the past week: a director sold $46K of stock while the Chief Marketing Officer bought $8K. The net dollar value of sales exceeds purchases, with open-market selling from a board member outweighing a modest buy from a C-suite executive.
Key Financial Metrics
Key Facts
- Director Beverley J. McClure sold 1,081 shares for $45,986 in an open-market transaction on April 1, 2026.
- Chief Marketing Officer Steven R. Chauby bought 180 shares for $7,632 on March 26, 2026.
- Total cluster value is $54K, with $46K in sales and $8K in purchases over a 7-day window.
- Sales represent 0.0027% of the company's $1.7B market cap — well below the 0.1% threshold for materiality.
Financial Impact
$46K in open-market sales vs. $8K in purchases, totaling $54K in activity — less than 0.01% of market cap
Risk Factors
- Perception of minor insider skepticism due to director sale, though not material in value
- Lack of participation from CEO, CFO, or other top executives limits interpretive weight
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-1775226870802 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 8, 2026 18d ago | 144 | $45.56 | awaiting T+20 | — | $46.27 (+1.56%) |
Oct 6, 2026 21d ago | 144 | $45.51 | awaiting T+20 | — | $46.27 (+1.67%) |
Sep 8, 2026 7w ago | Insider Cluster | $50.03 $45.51 | ▲ +9.04% | ▲ +11.01% | $46.27 (+7.52%) |
Aug 14, 2026 10w ago | Insider Cluster | $52.47 $49.78 | ▼ −5.13% | ▼ −3.14% | $46.27 (−11.82%) |
May 6, 2026 24w ago | 8-K | $45.15 $45.30 | ▲ +0.33% | ▼ −2.80% | $46.27 (+2.48%) |
Mar 26, 2026 30w ago | Insider Cluster | $42.87 $45.54 | ▲ +6.23% | ▼ −4.44% | $46.27 (+7.93%) |
US Market Status
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