AMSF.NASDAQAmerisafe INC

Form 4: AMERISAFE INC Executive Raymond F. Wise Jr. Reports Stock Transactions

Sentiment:

SEC Form 4 Filing

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Raymond F. Wise Jr., EVP CSO of AMERISAFE INC, reports the vesting and subsequent disposal of restricted stock units on August 1, 2024.

Summary

  • Raymond F. Wise Jr., an executive at AMERISAFE INC, filed a Form 4 detailing changes in beneficial ownership.
  • On August 1, 2024, 2,128 restricted stock units vested and converted into common stock.
  • Also on August 1, 2024, 934 shares were disposed of at a price of $47.
  • Following these transactions, Wise directly owns 1,194 shares of common stock and 14,411 restricted stock units.
  • The restricted stock units were granted on August 1, 2023, and vest in four annual installments.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment about the company's performance.

Industry Context

Executive stock transactions are a common occurrence and are closely watched by investors for insights into management's perspective on the company's performance and future prospects. Form 4 filings provide transparency into these transactions.

Stakeholder Impact

  • The transactions may have a minor impact on shareholders due to the change in ownership.

Key Dates

DateDescription
08/01/2023Date the reporting person was granted 14,188 restricted stock units, vesting in four annual installments.
08/01/2024Date of transaction: vesting of restricted stock units and disposal of shares.
08/02/2024Date of signature on the Form 4 filing.

Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.