Form 4: Verisk Analytics Chief Accounting Officer David J. Grover Reports Stock Transactions
SEC Form 4 Filing
David J. Grover, Chief Accounting Officer of Verisk Analytics, Inc., reports the acquisition and disposal of common stock and stock options on March 27, 2024, according to a Form 4 filing with the SEC.
Summary
- On March 27, 2024, David J. Grover, the Chief Accounting Officer of Verisk Analytics, Inc., filed a Form 4 with the SEC.
- The filing reports the acquisition of 6,481 shares of common stock at a price of $59.74.
- The filing also reports the disposal of 6,481 shares of common stock at a price of $233.06.
- Following these transactions, Mr. Grover beneficially owns 12,140 shares of Verisk Analytics, Inc.
- The sale of shares was executed under a pre-arranged 10b5-1 trading plan established on December 14, 2023.
- Mr. Grover also exercised stock options for 6,481 shares, which were immediately exercisable.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the filing simply reports transactions without indicating any positive or negative implications for the company's performance.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider. It provides transparency to the market regarding the actions of key personnel.
Stakeholder Impact
- The transactions provide transparency to shareholders regarding insider trading activity.
Key Dates
| Date | Description |
|---|---|
| 12/14/2023 | Date Mr. Grover entered into a 10b5-1 trading plan. |
| 03/27/2024 | Date of the reported transactions (acquisition and disposal of shares, and exercise of stock options). |
| 04/01/2024 | Expiration date of the stock options. |
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