Form 4: Verisk Analytics Director Receives Deferred Stock Units as Part of Board Retainer
SEC Form 4 Filing
Kathleen A Hogenson, a director of Verisk Analytics, Inc., acquired 27 deferred stock units as part of the annual Board member retainer fee.
Summary
- Kathleen A Hogenson, a director at Verisk Analytics, Inc., received 27 deferred stock units on March 31, 2024.
- These units were granted under the Issuer's 2021 Equity Incentive Plan as part of the annual Board member retainer fee, paid quarterly in arrears.
- Each deferred stock unit entitles the reporting person to one share of Common Stock at the end of their service to the Board.
- Following the transaction, Hogenson beneficially owns 10,260 shares of Common Stock.
Sentiment
Score: 7
Explanation: The document reflects a routine transaction (granting of stock units to a director), which is generally viewed neutrally to positively as it aligns interests. There are no indications of negative sentiment.
Positives
- The grant of deferred stock units aligns the director's interests with those of the shareholders.
- The equity incentive plan is a common method of compensation for board members.
Industry Context
Granting stock options and deferred stock units to board members is a common practice in publicly traded companies to align their interests with those of shareholders and incentivize long-term value creation.
Comparison to Industry Standards
- Many companies, such as Equifax and TransUnion, also use equity-based compensation for their board members.
- The amount of equity granted to board members typically depends on the company's size, performance, and industry standards.
- Verisk's approach appears consistent with standard practices for companies of its size and industry.
Stakeholder Impact
- The transaction has a minor positive impact on shareholders by aligning the director's interests with the company's long-term performance.
Key Dates
| Date | Description |
|---|---|
| 03/31/2024 | Date of transaction: Kathleen A Hogenson acquired 27 deferred stock units. |
| 04/05/2024 | Date of signature on the Form 4 filing. |
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