What price was used for the AMERISAFE (AMSF) tax-withholding share disposition?

The tax-withholding disposition of AMERISAFE common stock used a price of $32.53 per share. At that price, 503 shares were disposed of to satisfy tax obligations arising from the vesting and conversion of 1,044 restricted stock units.

AMERISAFE (AMSF) EVP reports 1,044 RSUs vested and tax share disposal

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

AMERISAFE INC executive Raymond F. Wise Jr., EVP – CSO, reported equity compensation activity involving restricted stock units and common shares. On March 1, 2026, 1,044 restricted stock units fully vested and were converted into 1,044 shares of common stock at a stated price of $0.00 per share. In a related move, 503 common shares were disposed of at $32.53 per share to satisfy tax-withholding obligations, leaving Wise with 3,335 directly owned common shares and 11,910 restricted stock units following the transactions.

Insider Trade Summary

1,044 shares exercised/converted

Mixed 3 txns

Insider Wise Raymond F. Jr.

Role EVP - CSO

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units	1,044	$0.00	--
Exercise	Common stock	1,044	$0.00	--
Tax Withholding	Common stock	503	$32.53	$16K

Holdings After Transaction: Restricted Stock Units — 11,910 shares (Direct); Common stock — 3,838 shares (Direct)

Footnotes (1)

Restricted stock units convert into common stock on a one-for-one basis. On March 1, 2026, 1,044 restricted stock units fully vested.

Form 4 Insider Transactions: What Each Field Means →

03/03/2026 - 04:10 PM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Wise Raymond F. Jr.

(Last)

(First)

(Middle)

2301 HIGHWAY 190 WEST

(Street)

DERIDDER

70634

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
AMERISAFE INC [ AMSF ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	EVP - CSO

3. Date of Earliest Transaction (Month/Day/Year)
03/01/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common stock	03/01/2026		M		1,044	A	⁽¹⁾	3,838	D
Common stock	03/01/2026		F		503	D	$32.53	3,335	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Restricted Stock Units	⁽¹⁾	03/01/2026		M			1,044	⁽²⁾	⁽²⁾	Common Stock	1,044	$0	11,910	D

Explanation of Responses:

1. Restricted stock units convert into common stock on a one-for-one basis.

2. On March 1, 2026, 1,044 restricted stock units fully vested.

	/s/ Raymond F. Wise Jr.	03/02/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

Source: View Original Filing on SEC EDGAR

FAQ

What insider transactions did AMERISAFE (AMSF) report for Raymond F. Wise Jr.?

AMERISAFE reported that EVP–CSO Raymond F. Wise Jr. had 1,044 restricted stock units vest and convert into common stock. In connection with this vesting, 503 common shares were disposed of at $32.53 per share to cover tax-withholding obligations.

How many AMERISAFE (AMSF) restricted stock units vested for Raymond F. Wise Jr.?

A total of 1,044 AMERISAFE restricted stock units fully vested for Raymond F. Wise Jr. on March 1, 2026. These units converted into 1,044 shares of common stock on a one-for-one basis as part of his equity compensation.

How many AMERISAFE (AMSF) common shares does Raymond F. Wise Jr. own after these transactions?

After the reported transactions, Raymond F. Wise Jr. directly owns 3,335 AMERISAFE common shares. He also holds 11,910 restricted stock units, which represent additional potential future common shares upon vesting and conversion.

What do the AMERISAFE (AMSF) Form 4 footnotes say about the restricted stock units?

The footnotes explain that AMERISAFE restricted stock units convert into common stock on a one-for-one basis. They also state that on March 1, 2026, 1,044 restricted stock units held by Raymond F. Wise Jr. fully vested, triggering the corresponding common stock issuance.