Amerisafe (AMSF) EVP awarded 2,386 restricted stock units vesting in 2029
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
AMERISAFE, Inc. executive Vincent J. Gagliano, EVP and Chief Risk Officer, received a grant of 2,386 restricted stock units. Each unit represents a contingent right to receive one share of Amerisafe common stock and the award fully vests on March 1, 2029.
Following this compensation grant, Gagliano holds 5,234 restricted stock units in total. The Form 4 classifies the transaction as a grant or award acquisition rather than an open-market purchase or sale of shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Gagliano Vincent J.
Role
EVP - Chief Risk Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Unit | 2,386 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Unit — 5,234 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) report for Vincent J. Gagliano?
AMERISAFE reported that EVP and Chief Risk Officer Vincent J. Gagliano received a grant of 2,386 restricted stock units. These units are a form of equity compensation that can convert into the same number of Amerisafe common shares once vesting conditions are met.
How many restricted stock units did AMERISAFE EVP Vincent Gagliano receive?
Vincent Gagliano received 2,386 restricted stock units. Each unit represents a contingent right to one share of AMERISAFE common stock, giving him potential future ownership if the vesting conditions and timeline specified in the award are satisfied.
When do Vincent Gagliano’s AMERISAFE restricted stock units vest?
The restricted stock units granted to Vincent Gagliano fully vest on March 1, 2029. Until that vesting date, the units represent a contingent right and do not convert into common shares of AMERISAFE, aligning the award with longer-term performance and retention.
What is Vincent Gagliano’s total AMERISAFE restricted stock unit holding after this grant?
After the grant, Vincent Gagliano holds a total of 5,234 restricted stock units. This total reflects the newly awarded 2,386 units combined with his prior unvested equity awards, all reported as directly owned derivative securities tied to AMERISAFE common stock.
Is Vincent Gagliano’s AMERISAFE Form 4 transaction a stock purchase or sale?
The Form 4 records a grant or award acquisition of restricted stock units, not an open-market purchase or sale. The transaction code "A" and description show it as equity-based compensation rather than a discretionary buy or sell of AMERISAFE common shares.
What does each AMERISAFE restricted stock unit granted to Vincent Gagliano represent?
Each restricted stock unit granted to Vincent Gagliano represents a contingent right to receive one share of AMERISAFE common stock. The units only convert into shares when the vesting date is reached and any applicable conditions outlined in the award terms are fulfilled.