Amerisafe (AMSF) EVP receives 22,121 RSUs vesting through 2030
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Lestage Henry O IV reported acquisition or exercise transactions in this Form 4 filing.
AMERISAFE INC reported that EVP and Chief Claims Officer Henry O. Lestage IV received a grant of 22,121 restricted stock units (RSUs). Each RSU represents a contingent right to receive one share of AMERISAFE common stock, so the award ties his compensation to future share performance.
The RSUs vest in four annual installments: 15% on March 15, 2027, 20% on March 15, 2028, 30% on March 15, 2029, and 35% on March 15, 2030. Following this grant, his reported RSU holdings under this award total 22,121 units.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Lestage Henry O IV
Role
EVP / Chief Claims Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 22,121 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 22,121 shares (Direct, null)
Footnotes (1)
- Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock. The restricted stock units vest in four annual installments of 15%, 20%, 30% and 35%, on each of March 15, 2027, 2028, 2029 and 2030, respectively.
Key Figures
RSUs granted: 22,121 units
Post-grant RSU holdings: 22,121 units
First vesting tranche: 15%
+4 more
7 metrics
RSUs granted
22,121 units
Grant of restricted stock units to EVP / Chief Claims Officer
Post-grant RSU holdings
22,121 units
Total restricted stock units following this transaction
First vesting tranche
15%
Vests on March 15, 2027
Second vesting tranche
20%
Vests on March 15, 2028
Third vesting tranche
30%
Vests on March 15, 2029
Final vesting tranche
35%
Vests on March 15, 2030
RSU grant price
$0.00 per unit
Grant/award acquisition with no cash exercise price
Key Terms
Restricted Stock Units, contingent right, vest, Form 4, +1 more
5 terms
Restricted Stock Units financial
"Each restricted stock unit represents a contingent right to receive one share"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
contingent right financial
"represents a contingent right to receive one share of the Issuer's common stock"
vest financial
"The restricted stock units vest in four annual installments of 15%, 20%, 30% and 35%"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
Form 4 regulatory
"INSIDER FILING DATA (Form 4): { "issuerName": "AMERISAFE INC""
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
Grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
FAQ
What insider transaction did AMERISAFE (AMSF) report for Henry O. Lestage IV?
AMERISAFE reported that EVP and Chief Claims Officer Henry O. Lestage IV received a grant of 22,121 restricted stock units. These RSUs are a form of equity compensation that can convert into common shares if vesting conditions are met over time.
How many restricted stock units did AMERISAFE (AMSF) grant in this Form 4?
The Form 4 shows a grant of 22,121 restricted stock units to an AMERISAFE executive. Each unit represents a potential share of common stock, aligning the executive’s compensation with the company’s long-term share performance once the units vest.
What does each AMERISAFE (AMSF) restricted stock unit represent in this filing?
Each restricted stock unit represents a contingent right to receive one share of AMERISAFE common stock. The units do not become actual shares until they vest on the specified future dates and any applicable conditions are satisfied.
What is the vesting schedule for the 22,121 AMERISAFE (AMSF) RSUs?
The 22,121 RSUs vest in four annual tranches: 15% on March 15, 2027, 20% on March 15, 2028, 30% on March 15, 2029, and 35% on March 15, 2030. This staggered schedule encourages multi‑year retention and performance.
Is the AMERISAFE (AMSF) Form 4 transaction an open-market buy or a compensation grant?
The transaction is a compensation-related grant, not an open-market purchase. The Form 4 uses transaction code A, indicating a grant or award acquisition of 22,121 restricted stock units awarded to the executive at no cash cost per unit.
How many AMERISAFE (AMSF) RSUs does the executive hold after this grant?
Following this reported transaction, the executive holds 22,121 restricted stock units tied to this award. These units will convert into common shares only as they vest according to the scheduled percentages between March 2027 and March 2030.