Form 4: ProAssurance Director Samuel A. Di Piazza Jr. Receives Stock Award

Director Samuel A. Di Piazza Jr. of ProAssurance Corporation acquired 4,101 shares of common stock at $23.16 per share on May 21, 2025, under the company's Director Deferred Stock Compensation Plan.

Summary

• On May 21, 2025, Samuel A. Di Piazza Jr., a director of ProAssurance Corporation, acquired 4,101 shares of common stock.
• The acquisition was part of the ProAssurance Corporation Director Deferred Stock Compensation Plan.
• The price per share was $23.16.
• Following the transaction, Di Piazza directly owns 44,981 shares of ProAssurance common stock.
• The stock compensation grant was for shares having a value not to exceed $95,000.
• The grant was recommended by the Compensation Committee and approved by the Board of Directors.

Sentiment

Score: 7

Explanation: The document reflects a routine director stock award, indicating stable corporate governance and alignment of interests. It's a neutral positive.

Positives

• The director's stock acquisition reflects confidence in the company.
• The stock compensation plan aligns director interests with shareholder value.

Industry Context

This type of stock award is common for directors of publicly traded companies as a form of compensation and incentive.

Comparison to Industry Standards

• Director compensation packages often include stock awards to align their interests with shareholders.
• The value of the stock award, not to exceed $95,000, appears to be within a typical range for director compensation at similar-sized companies.

Stakeholder Impact

• The stock award aligns the director's interests with those of the shareholders.
• The compensation plan is designed to attract and retain qualified directors.

Key Dates

Keywords

ProAssurance, Director, Stock Compensation, Samuel A. Di Piazza Jr., PRA, Form 4, Director Deferred Stock Compensation Plan