Form 4: Heritage Insurance Director Mark Berset Acquires Additional Common Stock

Heritage Insurance Holdings, Inc. Director Mark S. Berset reported the acquisition of 2,550 shares of common stock at no cost, increasing his direct beneficial ownership.

Summary

• Mark S. Berset, a Director of Heritage Insurance Holdings, Inc. (HRTG), acquired 2,550 shares of common stock.
• The transaction occurred on June 10, 2025, with the shares acquired at a price of $0, typically indicating a grant or award as part of compensation.
• Following this acquisition, Mr. Berset directly beneficially owns 276,469 shares of common stock.
• Mr. Berset also holds indirect beneficial ownership of 47,000 shares through the Linda Berset IRA, 316,400 shares through the Linda Berset Irrevocable Trust, 84,909 shares through the Linda C Berset Family Trust, and 36,700 shares through the Mark Berset 2012 Irrevocable Trust.
• Mr. Berset disclaims beneficial ownership of the indirectly held securities except to the extent of his pecuniary interest therein.

Sentiment

Score: 7

Explanation: The acquisition of shares by a director, even if a grant, generally indicates management's confidence in the company's future performance and aligns their interests with shareholders, which is a positive signal.

Positives

• Director Mark S. Berset acquired 2,550 shares of Heritage Insurance Holdings, Inc. common stock, which can signal confidence in the company's future prospects.
• The acquisition increases Mr. Berset's direct beneficial ownership to 276,469 shares, further aligning his interests with those of shareholders.

Future Outlook

NA

Industry Context

NA

Stakeholder Impact

• Shareholders: The acquisition of shares by a director may be viewed as a positive signal of management's confidence in the company's future, potentially influencing investor sentiment.

Key Dates

Recommendation

Keywords

Heritage Insurance Holdings, HRTG, Form 4, Insider Transaction, Stock Acquisition, Director, Beneficial Ownership, Equity Grant