Form 4: AMERISAFE EVP-CAO Reports Stock Acquisition and Tax-Related Disposition

AMERISAFE's Executive Vice President and Chief Administrative Officer, Kathryn Housh Shirley, reported the acquisition of 5,124 shares and the subsequent disposition of 2,171 shares for tax purposes on May 22, 2025.

Summary

• Kathryn Housh Shirley, Executive Vice President and Chief Administrative Officer of AMERISAFE INC (AMSF), filed a Form 4 reporting changes in her beneficial ownership.
• On May 22, 2025, Ms. Shirley acquired 5,124 shares of Common stock, par value $0.01, at a price of $0 per share, likely as part of an equity compensation grant.
• Following this acquisition, her beneficial ownership of Common stock increased to 22,949 shares.
• On the same date, May 22, 2025, Ms. Shirley disposed of 2,171 shares of Common stock at a price of $46.37 per share.
• This disposition is typically a 'sell to cover' transaction to satisfy tax withholding obligations related to the stock acquisition.
• After both transactions, Ms. Shirley's direct beneficial ownership of Common stock stands at 20,778 shares.

Sentiment

Score: 6

Explanation: The filing reports routine insider transactions, including an equity grant and a tax-related sale, which are common and generally neutral events for company sentiment. The grant itself is a positive signal of executive alignment.

Positives

• The acquisition of 5,124 shares aligns management's interests with those of shareholders, indicating continued commitment to the company's performance.

Negatives

• The disposition of 2,171 shares, while common for tax purposes, results in a net reduction of direct share ownership by the executive.

Future Outlook

This Form 4 filing does not contain any forward-looking statements or guidance regarding the company's future performance or outlook.

Industry Context

This filing is a routine insider transaction report and does not provide specific insights into broader industry trends or competitive dynamics. It reflects standard executive compensation practices within publicly traded companies.

Stakeholder Impact

• Shareholders: Provides transparency on executive stock ownership and compensation, which can influence perceptions of management alignment with shareholder interests.

Key Dates

Recommendation

Keywords

AMERISAFE, AMSF, Form 4, Insider Trading, Stock Ownership, Executive Compensation, Kathryn Housh Shirley, EVP-CAO, Equity Grant