HMN at a glance
HORACE MANN EDUCATORS CORP /DE/ (HMN, SEC CIK 850141) filed its latest 10-K annual report on February 27, 2026, a 10-Q quarterly report on August 7, 2026, an 8-K current report on October 1, 2026 and Form 4 insider filings as recently as September 8, 2026. SignalX summarizes each filing with AI and tracks the company's insider trades and institutional holders.
- For the fiscal year ended December 31, 2025 (FY2025), HORACE MANN EDUCATORS CORP /DE/ (HMN) reported revenue of $1.7 billion (up 6.7% from FY2024) and net income of $162.1 million. Diluted EPS was $3.90.
- As of June 30, 2026, 29 institutional investment managers tracked by SignalX reported holding HORACE MANN EDUCATORS CORP /DE/ (HMN) shares worth $1.3 billion in 13F-HR filings.
- The most recent insider open-market sale reported on Form 4 was by Carley Donald M on September 3, 2026 of 2,054 shares at $52.28 per share.
- In the last 90 days, HMN insiders reported 0 open-market purchases ($0) and 6 open-market sales ($1.4M) on Form 4, a net sale of $1.4M.
Source: SEC EDGAR (XBRL financial data, 13F-HR and Form 4 filings).
- Revenue · FY2025
- $1.7B
- +6.7% vs prior year
- Insiders · 90 days
- 0 buys · 6 sells
- Net −$1.4M
- 13F holders
- 29 funds
- $1.3B · −2 vs prior quarter
- Latest 8-K
- Oct 1, 2026
- Item 8.01
AI 10-K Annual Report Analysis
Latest 10-K, fiscal year ended Dec 31, 2025
Business Overview
- Core business model: Insurance and financial services focused on Property & Casualty, Life & Retirement, Supplemental & Group Benefits for educators
- New emphasis on growth initiatives, including 37.5% increase in Supplemental & Group Benefits sales to $35.2 million in 2025
- Strategic improvement in Property & Casualty underwriting with 18.1 point decrease in property combined ratio, driven by lower catastrophe losses
- Net investment income on managed portfolio rose 6.4% to $366.2 million despite $312.1 million pretax unrealized investment losses on fixed maturity securities
- Recorded $7.1 million charge for Horace Mann Pension Plan termination and $5.0 million donation to Horace Mann Educators Foundation in 2025
Risk Factors
- AI regulatory risk from evolving AI laws increasing compliance costs and exposure
- Competitive threat from AI use by new entrants reducing operating costs and accelerating market entry
- Operational risk from potential inaccuracies and biases in AI-driven processes affecting performance
- Reputation risk from failure to control AI governance potentially damaging market position
- Key-person risk in decision-making by executives and agents affecting underwriting and pricing discipline
Management Discussion & Analysis
- Operating cash flow $553.2M, up 22.4% YoY from $452.1M in 2024
- Total capital $2,076.1M with long-term debt $593.4M; debt 28.6% of capital (26.6% excluding unrealized losses)
- Dividends paid $57.1M, dividend per share $1.40, up 2.9% YoY from $1.36 per share
- Share repurchases: 497,226 shares at $41.85 average price; $55.5M remaining authorization
- Issued $300M 4.70% Senior Notes due 2030, redeemed $250M 4.50% Senior Notes due 2025; outlook stable, ratings A to BBB
AI summary of the HMN 10-K filed . Generated from the filing text; verify against the original.View on SEC EDGARHow to read a 10-K
AI 10-Q Quarterly Report Analysis
Latest 10-Q, quarter ended Jun 30, 2026
Management Discussion & Analysis
- Dividends $29.2 million for six months; quarterly dividend $0.36 per share
- Share repurchases 421,946 shares for $18.2 million; $37.4 million authorization remaining
- Debt $594.2 million at June 30, 2026 vs $593.4 million at December 31, 2025
- Revolving facility availability $325.0 million; no borrowings outstanding
- Insurance ratings stable across principal subsidiaries; no material reinsurance changes
Risk Factors
- Interim chief accounting officer Ryan Greenier expected to continue through third quarter and potentially fiscal year
- Share repurchase program: $37.4 million remaining authorization as of June 30, 2026
- No risk-factors section provided in the filing excerpt
AI summary of the HMN 10-Q filed . Generated from the filing text; verify against the original.View on SEC EDGAR10-K vs 10-Q vs 8-K
AI 8-K Current Report Analysis
The most recent material events, by 8-K item
Item 8.01: Other Events
- $115 million all-cash acquisition of Employee Services LLC, subject to customary purchase price adjustments
- ESI now a wholly owned subsidiary of Horace Mann
Item 2.02: Results of Operations and Financial Condition
- Q2 and first-half 2026 financial results released for periods ended June 30, 2026
- Detailed results available in Exhibit 99.2, including management’s reported operating performance
Item EX-99.1: Item EX-99.1
- Exhibit provides definitions for HMN’s non-GAAP insurance metrics, enabling interpretation of upcoming Q2 2026 performance disclosures
- Core earnings, adjusted book value, and core ROE exclude volatile investment and reserve-related effects, highlighting underlying operating trends
Item EX-99.1: Item EX-99.1
- Exhibit 99.1 defines HMN’s non-GAAP insurance metrics, enabling investors to interpret forthcoming earnings disclosures consistently
- Core earnings exclude investment gains, catastrophe-related volatility, impairments, amortization, and other unusual items
AI summaries of HMN 8-K current reports filed with the SEC. What 8-K item codes mean
SignalX for HMN
Don't miss the next HMN filing
- Alerts as it files. A push when HMN files an 8-K or an insider trades.
- Fund moves. Which tracked funds opened, added or cut HMN, by share count.
- Ask anything. An AI agent that reads every HMN filing and answers with sources.
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Recent Insider Transactions (Form 4)
Latest reported trades by officers, directors and 10% owners
| Insider | Type | Date | Shares | Price |
|---|---|---|---|---|
| Carley Donald M | Sell | Sep 3, 2026 | 2,054 | $52.28 |
| Hines Perry G. | Sell | Sep 3, 2026 | 3,237 | $52.22 |
| ZURAITIS MARITA | Sell | Sep 1, 2026 | 7,500 | $50.99 |
| BRADLEY THOMAS A | Sell | Aug 12, 2026 | 5,000 | $51.72 |
| Reece Henry Wade | Sell | Aug 12, 2026 | 1,359 | $51.52 |
| ZURAITIS MARITA | Sell | Aug 3, 2026 | 7,500 | $52.03 |
| ZURAITIS MARITA | Sell | Jul 1, 2026 | 7,500 | $52.62 |
| ZURAITIS MARITA | F | Jun 24, 2026 | 65,465 | $50.75 |
Financial SummaryXBRL
| Metric | FY2023 | FY2024 | FY2025 | |
|---|---|---|---|---|
| Profitability | ||||
| Revenue | $1.5B | $1.6B | $1.7B | |
| Net Income | $45.0M | $102.8M | $162.1M | |
| Net Margin | 3.0% | 6.4% | 9.5% | |
| Balance Sheet | ||||
| Total Assets | $14.0B | $14.5B | $15.3B | |
| Equity | $1.2B | $1.3B | $1.5B | |
| ROE | 3.8% | 8.0% | 10.9% | |
| Per Share | ||||
| EPS | $1.09 | $2.48 | $3.90 | |
| Cash Flow | ||||
| Operating CF | $302.1M | $452.1M | $553.2M | |
Source: XBRL data in HORACE MANN EDUCATORS CORP /DE/ (HMN)'s 10-K filings on SEC EDGAR, in USD. Compare across companies →
13F Fund Holdings: Quarterly Trend
Latest: Q2 2026Aggregate HMN share value held by 13F filers tracked by SignalX, by quarter.
Quarterly totals table
| Quarter | Funds | Total value |
|---|---|---|
| Q2 2026 | 29 | $1.32B |
| Q1 2026 | 31 | $1.07B |
| Q4 2025 | 30 | $1.02B |
| Q3 2025 | 29 | $1.17B |
| Q2 2025 | 27 | $1.09B |
| Q1 2025 | 24 | $730.7M |
| Q4 2024 | 20 | $613.3M |
| Q3 2024 | 18 | $353.3M |
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Source: 13F-HR filings on SEC EDGAR (aggregated from 208 fund-quarter rows). Reflects only 13F filers tracked by SignalX, not the full institutional ownership universe. How 13F filings work
HMN filing archive
AI analysis pages for each 10-K, 10-Q and 8-K
10-K annual reports
10-Q quarterly reports
Latest 2026 SEC Filings: 10-K, 10-Q, 8-K & Form 4
| Form | Filing date | Period | Analysis | SEC |
|---|---|---|---|---|
| 8-K | Oct 1, 2026 | - | Analysis | - |
| 4 | Sep 8, 2026 | - | - | - |
| 4 | Sep 8, 2026 | - | - | - |
| 4 | Sep 3, 2026 | - | - | - |
| 4 | Aug 14, 2026 | - | - | - |
| 4 | Aug 14, 2026 | - | - | - |
| 10-Q | Aug 7, 2026 | Jun 30, 2026 | Analysis | |
| 8-K | Aug 5, 2026 | - | Analysis | - |
| 4 | Aug 5, 2026 | - | - | - |
| 8-K | Jul 21, 2026 | - | Analysis | - |
| 8-K | Jul 21, 2026 | - | Analysis | - |
| 4 | Jul 2, 2026 | - | - | - |
| 4 | Jun 26, 2026 | - | - | - |
| 4 | Jun 4, 2026 | - | - | |
| 4 | May 22, 2026 | - | - | |
| 4 | May 22, 2026 | - | - | |
| 4 | May 22, 2026 | - | - | |
| 4 | May 22, 2026 | - | - | |
| 4 | May 22, 2026 | - | - | |
| 4 | May 22, 2026 | - | - | |
| 4 | May 22, 2026 | - | - | |
| 4 | May 22, 2026 | - | - | |
| 8-K | May 21, 2026 | - | Analysis | |
| 4 | May 21, 2026 | - | - | |
| 10-Q | May 8, 2026 | Mar 31, 2026 | Analysis |
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HMN SEC filings: frequently asked questions
Are HMN insiders buying or selling?
In the last 90 days, HORACE MANN EDUCATORS CORP /DE/ (HMN) officers, directors and 10% owners reported no open-market purchases and 6 open-market sales worth $1.4 million by 5 insiders on Form 4. Many insider sales are pre-planned or for taxes, so purchases usually carry more information.
Which institutions hold HMN stock?
As of June 30, 2026, the largest HORACE MANN EDUCATORS CORP /DE/ (HMN) holders among the 13F filers tracked by SignalX were BlackRock ($304.0 million), Franklin Resources ($156.3 million), Vanguard Portfolio Management LLC ($146.9 million), T. Rowe Price Group ($136.3 million), Dimensional Fund Advisors ($115.2 million). 13F-HR reports are filed up to 45 days after each quarter ends.
What was HMN's revenue in fiscal year 2025?
For the fiscal year ended December 31, 2025 (FY2025), HORACE MANN EDUCATORS CORP /DE/ (HMN) reported revenue of $1.7 billion (up 6.7% from FY2024) and net income of $162.1 million. Diluted EPS was $3.90. The figures come from the XBRL data in the 10-K.
What are the main risks in HMN's latest 10-K?
In the 10-K filed February 27, 2026, HORACE MANN EDUCATORS CORP /DE/ (HMN) flagged: AI regulatory risk from evolving AI laws increasing compliance costs and exposure. Competitive threat from AI use by new entrants reducing operating costs and accelerating market entry. (AI summary of the Risk Factors section.)
What did HMN report in its latest 8-K?
HORACE MANN EDUCATORS CORP /DE/ (HMN) filed an 8-K on October 1, 2026 reporting Item 8.01 (Other Events). $115 million all-cash acquisition of Employee Services LLC, subject to customary purchase price adjustments.
What are the latest HMN SEC filings?
HORACE MANN EDUCATORS CORP /DE/ (HMN) filed its latest 10-K annual report on February 27, 2026, a 10-Q quarterly report on August 7, 2026, an 8-K current report on October 1, 2026 and a Form 4 insider filing on September 8, 2026.
What is HMN's SEC CIK number?
HORACE MANN EDUCATORS CORP /DE/ (HMN)'s SEC Central Index Key (CIK) is 850141. EDGAR lists every HMN filing under that number.
Ask anything about HMN
The research agent reads HMN's filings, financials, insider trades and 13F holders, then answers with sources.