Form 4: Verisk CIO's Equity Awards & Tax Withholding

Verisk Analytics' Chief Information Officer, Nicholas Daffan, reported the settlement of performance stock units, grants of restricted stock units and stock options, and related tax withholdings.

Summary

• Nicholas Daffan, Chief Information Officer of Verisk Analytics, Inc. (VRSK), reported several equity transactions.
• On January 14, 2026, Mr. Daffan acquired 7,028 shares of common stock upon the settlement of performance stock units granted on January 15, 2023, which vested based on the achievement of relative TSR-based and ROIC-based performance conditions.
• Concurrently, 2,835 shares were disposed of at a price of $223.69 per share to cover tax liabilities associated with the vesting and settlement of these performance stock units.
• On January 15, 2026, Mr. Daffan was granted 1,711 restricted stock units of common stock under the Issuer's 2021 Equity Incentive Plan. These units are scheduled to vest in four equal annual installments on the first, second, third, and fourth anniversaries of the grant date.
• Also on January 15, 2026, 567 shares were disposed of at a price of $222.05 per share to satisfy tax liabilities related to the vesting of previously reported restricted stock grants.
• Additionally, 7,850 stock options were granted on January 15, 2026, under the 2021 Equity Incentive Plan, with an exercise price of $222.05 and an expiration date of January 15, 2036. These options will vest and become exercisable in four equal annual installments on the first, second, third, and fourth anniversaries of the grant date.
• Following these reported transactions, Mr. Daffan beneficially owns 59,674 shares of common stock and 7,850 stock options.

Sentiment

Score: 5

Explanation: The filing is a routine disclosure of executive equity transactions, including awards and tax-related dispositions. It does not present information that would significantly alter the company's perceived value or outlook, thus maintaining a neutral sentiment.

Positives

• Acquisition of 7,028 shares of common stock from vested performance stock units, indicating the achievement of applicable performance targets.
• Grant of 1,711 restricted stock units and 7,850 stock options, which aligns executive incentives with the company's long-term performance and shareholder value creation.

Negatives

• Disposition of 2,835 shares valued at approximately $634,390.15 and 567 shares valued at approximately $125,942.35 for tax withholding purposes, which reduces direct share ownership.

Future Outlook

The filing does not contain forward-looking statements or guidance beyond the vesting schedules for the granted equity awards.

Industry Context

This Form 4 filing details routine executive compensation and insider transactions, which are standard practices across publicly traded companies to align management interests with shareholder value. It does not provide specific insights into broader industry trends or competitive positioning.

Stakeholder Impact

• Shareholders: The grants of equity awards align the Chief Information Officer's interests with long-term shareholder value. The disposition of shares for tax purposes is a standard practice and has a minimal dilutive effect.
• Employees: The equity incentive plan provides a framework for executive compensation, potentially influencing broader compensation strategies within the company.

Next Steps

• Future vesting of 1,711 restricted stock units in four equal annual installments starting January 15, 2027.
• Future vesting and exercisability of 7,850 stock options in four equal annual installments starting January 15, 2027.

Key Dates

Keywords

Verisk Analytics, VRSK, Form 4, Insider Transaction, Equity Awards, Stock Options, Restricted Stock Units, Performance Stock Units, Executive Compensation, Chief Information Officer