In 2021, Marita Zuraitis earned $3.42M in total compensation at Horace Mann Educators, including $1.00M salary and $2.28M bonus. Most recently sold 1,250 shares in Mar 2024. Currently holds stock worth $29.35M. Has led Horace Mann Educators for over 12 years.
Compensation History
Annual executive compensation data for Marita Zuraitis, including salary, bonuses, and stock awards.
Year
2021
Total Compensation
$3.42M
Salary
$1.00M
Bonus
$2.28M
Other
$146.88K
Salary
$1.00MBoard Justification
The compensation philosophy emphasizes alignment with company performance, market competitiveness, and retention strategies, with a significant portion of compensation being performance-based.
Bonus
$2.28MBoard Justification
The bonus is based on the Annual Incentive Plan (AIP) which is tied to company performance measures, with actual payouts at 175.8% of target for 2021.
Other Compensation
$146.88KBoard Justification
Other compensation includes perquisites such as financial planning services and the use of a charter jet service due to COVID-19 safety precautions.
Restricted Stock
Board Justification
No stock was vested in 2021 as the performance-based RSUs will vest in future years based on performance metrics.
Performance Metrics
The performance metrics for the AIP included adjusted earnings, adjusted return on equity, and insurance premiums and contract charges earned.
Marita Zuraitis
CEO of Horace Mann Educators
Field of Expertise
Finance & Banking - Insurance
Sector of Economy
Financial Services
CEO of Horace Mann Educators for
12 years 3 months (Sep 2013 - Present)
Previous Experience
Executive Vice President at The Hanover Insurance Group
Holdings
Track Marita Zuraitis's stock holdings and portfolio value over time.
Total Stock Sold
$12.41M
$5.93M
144,307 HMN shares
$6.48M
132,500 THG shares
What if they kept their stock?
If Marita Zuraitis didn't sell their stock, today they would have:
Extra HMN144,307 shares worth $6.43M and THG132,500 shares worth $23.65M.
This is 142.36% and $17.67M more than what they got when they sold the stock.
Insider Trading
Marita Zuraitis's recent stock transactions, purchases, and sales filed with the SEC.
$46.25K
HMN at $37.00/share
Mar 28, 2024
Sale
50,273.862 shares
HMN
Mar 6, 2024
Received
$99.90K
HMN at $37.00/share
Feb 8, 2024
Sale
$1.86M
HMN at $37.10/share
Jan 29, 2024
Sale
52,758.986 shares
HMN
Mar 8, 2023
Received
45,686.114 shares
HMN
Mar 9, 2022
Received
$133.32K
HMN at $40.00/share
Sep 24, 2021
Sale
$134.62K
HMN at $40.39/share
Aug 16, 2021
Sale
$399.96K
HMN at $40.00/share
Jul 30, 2021
Sale
$141.95K
HMN at $42.59/share
Apr 15, 2021
Sale
Rivals
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