Form 4: ProAssurance Director Bruce D. Angiolillo Acquires Shares Under Deferred Stock Compensation Plan

Director Bruce D. Angiolillo acquired 4,101 shares of ProAssurance Corp common stock at $23.16 per share under the company's Director Deferred Stock Compensation Plan.

Summary

• On May 21, 2025, Bruce D. Angiolillo, a director of ProAssurance Corp, acquired 4,101 shares of common stock.
• The acquisition was made under the ProAssurance Corporation Director Deferred Stock Compensation Plan.
• The price per share was $23.16.
• Following the transaction, Angiolillo directly owns 35,652 shares of ProAssurance Corp.
• The Compensation Committee, composed of independent directors, recommended the stock compensation grant, which was approved by the Board of Directors.
• The stock compensation grant was for shares having a value not to exceed $95,000.
• A power of attorney was executed on May 22, 2019, granting certain individuals the authority to act on Angiolillo's behalf in matters related to SEC filings.

Sentiment

Score: 7

Explanation: The sentiment is neutral to positive. The document reports a standard stock compensation grant, which is generally viewed as a positive sign of alignment between management and shareholders. There are no indications of negative news or concerns.

Positives

• The acquisition of shares by a director demonstrates confidence in the company.
• The stock compensation plan aligns the interests of directors with those of shareholders.

Future Outlook

NA

Industry Context

This announcement is typical of executive compensation practices in publicly traded companies, where stock grants are used to align the interests of management and directors with those of shareholders. The use of deferred stock compensation plans is a common method for providing long-term incentives.

Comparison to Industry Standards

• Stock compensation for board members is a common practice among publicly traded companies.
• The value of the grant, not to exceed $95,000, appears to be within the typical range for director compensation at companies of similar size and industry.
• Comparing ProAssurance's director compensation to peers like The Doctors Company or Medical Protective would provide a more detailed benchmark.

Stakeholder Impact

• The stock acquisition by a director could have a slightly positive impact on shareholder sentiment.
• The compensation plan aligns the director's interests with those of the shareholders.

Key Dates

Keywords

ProAssurance, Director, Stock Compensation, Form 4, Beneficial Ownership, Angiolillo, PRA