Form 4: AMERISAFE INC Director Teri G. Fontenot Reports Acquisition of 1,730 Shares
SEC Form 4 Filing
Director Teri G. Fontenot reports acquiring 1,730 shares of AMERISAFE INC common stock on June 7, 2024, bringing total direct holdings to 10,032 shares.
Summary
- On June 7, 2024, Teri G. Fontenot, a director of AMERISAFE INC, acquired 1,730 shares of common stock.
- The acquisition was a direct transaction.
- The price per share was $0.00.
- Following the transaction, Fontenot directly owns 10,032 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 sentiment is neutral as it is a standard disclosure of stock acquisition by a director. It doesn't inherently indicate positive or negative sentiment about the company's performance.
Positives
- A director's increased stake in the company can be seen as a positive signal.
Industry Context
Form 4 filings are standard disclosures required by the SEC when insiders, such as directors and officers, trade in their company's stock. These filings provide transparency to the market regarding insider activity.
Stakeholder Impact
- The increased stake of a director may increase shareholder confidence.
Key Dates
| Date | Description |
|---|---|
| 06/07/2024 | Date of transaction: Acquisition of 1,730 shares of common stock. |
| 06/11/2024 | Date of signature for 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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