Form 4: Verisk Analytics Chief Legal Officer Sells Shares Under 10b5-1 Plan
SEC Form 4 Filing
Kathy Card Beckles, Chief Legal Officer of Verisk Analytics, sold 2,111 shares of common stock at $282.06 per share under a pre-arranged 10b5-1 trading plan.
Summary
- Kathy Card Beckles, the Chief Legal Officer of Verisk Analytics, sold 2,111 shares of the company's common stock.
- The sale occurred on January 17, 2025, at a price of $282.06 per share.
- The transaction was executed under a pre-existing 10b5-1 trading plan established on March 14, 2024.
- Following the sale, Ms. Beckles directly owns 9,066 shares of Verisk Analytics common stock.
Sentiment
Score: 5
Explanation: The document is a routine SEC filing regarding a pre-planned stock sale by an executive, which is neither positive nor negative for the company's overall outlook.
Industry Context
This is a routine filing related to insider trading activity and is common for executives who have pre-arranged trading plans.
Comparison to Industry Standards
- The use of 10b5-1 trading plans is a common practice among corporate executives to avoid accusations of insider trading.
- Many companies in the S&P 500 have executives who utilize these plans for regular stock sales.
- The sale by Ms. Beckles is consistent with standard practices for executives managing their personal finances while complying with securities regulations.
Stakeholder Impact
- The sale has a minimal impact on shareholders as it is a small transaction by an individual executive.
- The sale is unlikely to affect employees, customers, suppliers, or creditors.
Key Dates
| Date | Description |
|---|---|
| 03/14/2024 | Date Ms. Card Beckles entered into the 10b5-1 trading plan. |
| 01/17/2025 | Date of the stock sale transaction. |
| 01/21/2025 | Date the Form 4 was signed. |
Keywords
Verisk Analytics, VRSK, insider trading, 10b5-1 plan, stock sale, Kathy Card Beckles, Chief Legal Officer
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