Form 4: AMERISAFE EVP Acquires Shares, Sells for Tax

AMERISAFE's EVP and CSO, Raymond F. Wise Jr., reported an acquisition of 5,694 shares and a subsequent disposition of 2,468 shares for tax purposes, under a 10b5-1 plan.

Summary

• Raymond F. Wise Jr., Executive Vice President and Chief Strategy Officer of AMERISAFE INC, reported changes in his beneficial ownership of common stock.
• On March 12, 2026, Mr. Wise Jr. acquired 5,694 shares of common stock at a price of $0 per share.
• On the same date, he disposed of 2,468 shares of common stock at a price of $32.92 per share.
• These transactions were conducted pursuant to a Rule 10b5-1 plan.
• Following these transactions, Mr. Wise Jr. beneficially owns 6,561 shares of AMERISAFE INC common stock.

Sentiment

Score: 6

Explanation: StockSavvy.ai views this as a routine insider transaction, with an acquisition of shares (likely compensation) followed by a tax-related sale, indicating normal executive compensation management rather than a strong bullish or bearish signal.

Positives

• Acquisition of 5,694 shares, indicating an increase in direct ownership (likely through an equity grant or award).
• Transactions were conducted under a Rule 10b5-1 plan, suggesting pre-planned and not opportunistic trading.

Negatives

• Disposition of 2,468 shares, reducing overall beneficial ownership, likely for tax withholding purposes.

Future Outlook

NA

Industry Context

StockSavvy.ai notes that insider transactions, particularly those under 10b5-1 plans, are common for executives managing their equity compensation and tax obligations. This filing reflects routine compensation and tax planning rather than a significant shift in insider sentiment or company strategy.

Stakeholder Impact

• Shareholders: The impact on shareholders is minor, as this is a routine insider transaction related to executive compensation and tax planning, not indicative of a major strategic shift or financial event for the company.

Key Dates

Recommendation

This Form 4 reports a routine insider transaction involving an equity grant and a subsequent tax-related sale under a 10b5-1 plan. Such transactions are common for executives and typically do not signal a significant change in the company's fundamentals or future prospects. Therefore, it does not provide a strong basis for a 'buy' or 'sell' recommendation, suggesting a 'hold' position is appropriate based solely on this filing.

Keywords

AMERISAFE, AMSF, insider trading, Form 4, beneficial ownership, stock acquisition, stock disposition, Raymond F. Wise Jr., EVP, CSO, 10b5-1 plan