Form 4: ProAssurance Director Scott C. Syphax Reports Acquisition of 4,101 Shares

Director Scott C. Syphax reports acquiring 4,101 shares of ProAssurance Corp common stock through the Director Deferred Stock Compensation Plan.

Summary

• On May 21, 2025, Scott C. Syphax, 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, Syphax directly owns 25,184 shares of ProAssurance Corp.
• 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 sentiment is neutral to slightly positive. The acquisition of shares by a director suggests confidence, but it's a routine transaction.

Positives

• The acquisition of shares by a director can be seen as a positive sign, indicating confidence in the company's future prospects.

Industry Context

This filing is a routine disclosure related to director compensation and stock ownership, common in publicly traded companies.

Comparison to Industry Standards

• Director compensation plans involving stock grants are a common practice among publicly traded companies to align the interests of directors with those of shareholders.
• The value of the stock grant, not to exceed $95,000, appears to be within a reasonable range for director compensation at similar-sized companies in the insurance industry.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it aligns the director's interests with theirs.

Key Dates

Keywords

ProAssurance Corp, Director, Stock Compensation, Form 4, Syphax, PRA, Shares, Acquisition