Form 4: AMERISAFE INC Director Philip A. Garcia Reports Acquisition of 1,730 Shares
SEC Form 4 Filing
Director Philip A. Garcia reported acquiring 1,730 shares of AMERISAFE INC common stock on June 7, 2024.
Summary
- On June 7, 2024, Philip A. Garcia, a director of AMERISAFE INC, acquired 1,730 shares of common stock.
- The acquisition was made directly, and the price per share was $0.00.
- Following the transaction, Garcia beneficially owns 23,267 shares of AMERISAFE INC.
- The acquired shares are subject to restrictions that will lapse at the time of the Issuer's 2025 annual meeting of shareholders.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, so the sentiment is neutral.
Positives
- The acquisition of shares by a director could be interpreted positively by investors.
Future Outlook
The document does not contain any specific forward-looking statements regarding the company's future performance.
Industry Context
This filing is a routine disclosure of insider trading activity, which is common for publicly traded companies. It provides transparency into the actions of company insiders.
Stakeholder Impact
- The acquisition of shares by a director could have a minor positive impact on shareholder confidence.
Key Dates
| Date | Description |
|---|---|
| 06/07/2024 | Date of transaction: Philip A. Garcia acquired 1,730 shares of AMERISAFE INC common stock. |
| 06/11/2024 | Date of signature on the Form 4 filing. |
| 2025 | Restrictions on the acquired shares will lapse at the time of the Issuer's 2025 annual meeting of shareholders. |
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