Form 4: Verisk Director Samuel Liss Boosts Stake

Verisk Analytics Director Samuel G. Liss acquired 134 deferred stock units as part of his board retainer, increasing his beneficial ownership to 67,593 units.

Summary

• Samuel G. Liss, a Director of Verisk Analytics, Inc. (VRSK), acquired 134 deferred stock units.
• These units were received as part of his annual Board member retainer fee, which is paid quarterly in arrears.
• The transaction occurred on December 31, 2025, with a reported price of $0.00 per unit.
• The deferred stock units are granted under the Issuer's 2021 Equity Incentive Plan.
• These units entitle Mr. Liss to an equivalent number of shares of Common Stock upon the termination of his service to the Board.
• Following this transaction, Mr. Liss beneficially owns 67,593 shares of Common Stock directly.

Sentiment

Score: 6

Explanation: The filing reports a routine, expected insider transaction related to director compensation. While not a direct open-market purchase, it represents an increase in director ownership, which is generally viewed as a minor positive for aligning interests.

Positives

• Director Samuel G. Liss increased his beneficial ownership in Verisk Analytics by acquiring 134 deferred stock units.
• The acquisition aligns the director's interests with those of shareholders, as the units convert to common stock upon the end of his board service.

Future Outlook

The filing does not contain forward-looking statements or guidance beyond the conversion of deferred stock units into common stock upon the reporting person's cessation of Board service.

Management Comments

• The reporting person elected to receive these deferred stock units under the Issuer's 2021 Equity Incentive Plan as part of the annual Board member retainer fee which is paid quarterly in arrears.
• These deferred stock units entitle the reporting person to the equivalent number of shares of Common Stock at the end of the reporting person's service to the Board of the Issuer.

Industry Context

This Form 4 filing reports a routine insider transaction related to director compensation. Such compensation structures, often involving equity or equity-linked instruments, are common across publicly traded companies to align the interests of board members with long-term shareholder value.

Comparison to Industry Standards

• Compensation of directors through deferred stock units is a standard practice in corporate governance across various industries, including the data analytics and risk assessment sector where Verisk Analytics operates.
• This method is widely adopted by companies like S&P Global, Moody's, and MSCI, which also utilize equity-based compensation to incentivize long-term commitment and performance from their board members.

Corporate Governance

Related Party Transactions

• The acquisition of deferred stock units by Samuel G. Liss, a Director, from Verisk Analytics, Inc. constitutes a related party transaction, specifically director compensation, which is a standard and disclosed practice.

Stakeholder Impact

• Shareholders: Minor positive impact as the director's increased beneficial ownership aligns his interests with long-term shareholder value.

Next Steps

• The deferred stock units will convert into an equivalent number of shares of Common Stock at the end of Samuel G. Liss's service to the Board of Verisk Analytics, Inc.

Key Dates

Keywords

Verisk Analytics, VRSK, Samuel G. Liss, Director, Insider Transaction, Form 4, Deferred Stock Units, Equity Incentive Plan, Board Compensation, Beneficial Ownership