Form 4: AMERISAFE INC Executive Receives Restricted Stock Units
SEC Form 4 Filing
Anastasios Omiridis, EVP-CFO of AMERISAFE INC, was granted 1,724 restricted stock units on March 1, 2024, which will fully vest on March 1, 2027.
Summary
- Anastasios Omiridis, the EVP-CFO of AMERISAFE INC, received 1,724 restricted stock units on March 1, 2024.
- These restricted stock units represent a contingent right to receive one share of AMERISAFE INC's common stock each.
- The restricted stock units will fully vest on March 1, 2027.
- Following this transaction, Omiridis directly owns 25,057 derivative securities.
Sentiment
Score: 7
Explanation: The sentiment is neutral to slightly positive as it reflects standard executive compensation practices, aligning management interests with shareholders.
Positives
- The grant of restricted stock units aligns the executive's interests with those of the shareholders, incentivizing long-term value creation.
Future Outlook
The document does not contain any specific forward-looking statements or guidance.
Industry Context
This is a routine disclosure related to executive compensation and is common in publicly traded companies.
Stakeholder Impact
- The grant of restricted stock units may have a slightly positive impact on shareholders by aligning executive compensation with company performance.
Key Dates
| Date | Description |
|---|---|
| 03/01/2024 | Date of transaction: Anastasios Omiridis received 1,724 restricted stock units. |
| 03/01/2027 | Vesting date: The restricted stock units fully vest. |
| 03/05/2024 | Date of report. |
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.