Binnun Sharon 4

What Happened

• Sharon Binnun, Chief Accounting Officer of Heritage Insurance Holdings, received two equity awards on 2026-03-05 totaling 15,184 shares, reported at $0.00 per share.
  • 3,037 shares — restricted stock (code A)
  • 12,147 shares — performance‑based restricted stock (code A)
• These were grants (compensation awards), not open‑market purchases or sales.

Key Details

• Transaction date: March 5, 2026; Form 4 filed March 9, 2026 (timely — filed within the standard two business days).
• Price: $0.00 per share (grant/award).
• Shares acquired: 3,037 (restricted) + 12,147 (performance) = 15,184 total.
• Shares owned after the transaction: not specified in the filing.
• Footnotes:
  • F1: The 3,037 restricted shares vest in three installments: 1,012 shares on Dec 15, 2026; 1,012 shares on Dec 15, 2027; and 1,013 shares on Dec 15, 2027.
  • F2: The 12,147 performance‑based shares have a three‑year performance period (Jan 1, 2026–Dec 31, 2028) and will vest after that period but no later than March 30, 2029; the final number may decrease depending on performance results.
• Transaction code: A = Award/Grant.

Context

• These awards are compensation and typically subject to vesting and forfeiture conditions; they are not immediate purchases (so they don't directly signal a cash investment).
• Performance‑based awards depend on future metrics and may vest in whole or in part only if targets are met.
• No sales, exercises, or 10b5‑1 plan activity reported in this filing.