AMERISAFE (AMSF) CEO awarded 8,326 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Frost G. Janelle reported acquisition or exercise transactions in this Form 4 filing.
AMERISAFE, Inc. President and CEO Janelle Frost received a grant of 8,326 restricted stock units, each representing a contingent right to one share of common stock. These units fully vest on March 1, 2029. Following this award, she holds 18,274 restricted stock units directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Frost G. Janelle
Role
President & CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Unit | 8,326 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Unit — 18,274 shares (Direct)
Footnotes (1)
- Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock. The restricted stock units fully vest March 1, 2029.
FAQ
What insider transaction did AMERISAFE (AMSF) disclose for CEO Janelle Frost?
AMERISAFE President and CEO Janelle Frost received a grant of 8,326 restricted stock units. Each unit represents a contingent right to one share of AMERISAFE common stock, forming part of her equity-based compensation package.
When do Janelle Frost’s newly granted AMERISAFE (AMSF) restricted stock units vest?
The 8,326 restricted stock units granted to Janelle Frost fully vest on March 1, 2029. Vesting means she becomes entitled to receive the underlying AMERISAFE common shares at that time, assuming continuing satisfaction of any service conditions.
How many AMERISAFE (AMSF) restricted stock units does Janelle Frost hold after this grant?
After the 8,326-unit grant, Janelle Frost holds a total of 18,274 restricted stock units directly. These units represent future rights to receive AMERISAFE common stock, subject to their respective vesting schedules and conditions.
Does Janelle Frost pay a purchase price for the new AMERISAFE (AMSF) restricted stock units?
The grant lists a price per unit of $0.0000, indicating the restricted stock units are an equity award rather than a market purchase. They are typically issued as part of executive compensation instead of being bought on the open market.
What type of security did AMERISAFE (AMSF) award to its CEO in this transaction?
The award consists of restricted stock units that are derivatives linked to AMERISAFE common stock. Each unit gives a contingent right to receive one share of common stock once vesting conditions are met, rather than immediate share ownership.