Form 4: Verisk Analytics CEO Lee Shavel Sells Shares Under 10b5-1 Plan
SEC Form 4 Filing
Verisk Analytics CEO Lee Shavel sold 2,200 shares of common stock on May 15 and 16, 2025, under a pre-arranged 10b5-1 trading plan.
Summary
- Lee Shavel, CEO of Verisk Analytics, Inc., sold 1,100 shares of common stock on May 15, 2025, at a price of $302.17 per share.
- He then sold another 1,100 shares on May 16, 2025, at $307.88 per share.
- These transactions were executed under a 10b5-1 trading plan established on November 25, 2024.
- Following these sales, Shavel directly owns 60,218 shares of Verisk Analytics common stock.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the document simply reports stock sales under a pre-arranged plan, which is a common practice.
Positives
- The sales were conducted under a pre-arranged 10b5-1 trading plan, which is a legal and transparent way for insiders to sell shares.
Industry Context
Sales by executives are a normal part of corporate governance. The use of a 10b5-1 plan indicates that the sales were pre-planned and not based on any inside information.
Stakeholder Impact
- The stock sales may have a minor impact on shareholders, but the use of a 10b5-1 plan mitigates concerns about insider trading.
Key Dates
| Date | Description |
|---|---|
| 11/25/2024 | Date of establishment of the 10b5-1 trading plan |
| 05/15/2025 | Date of first stock sale (1,100 shares at $302.17) |
| 05/16/2025 | Date of second stock sale (1,100 shares at $307.88) |
| 05/19/2025 | Date of signature on the Form 4 filing |
Keywords
Verisk Analytics, Lee Shavel, stock sale, Form 4, 10b5-1 plan, insider trading
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