AMERISAFE (AMSF) CEO Frost logs 4,401 RSU vesting and 1,883-share tax disposition

Rhea-AI Filing Summary

AMERISAFE INC President & CEO Janelle Frost reported equity compensation activity. On March 1, 2026, 4,401 restricted stock units fully vested and were converted into 4,401 common shares at no cost. To cover taxes, 1,883 common shares were disposed of at $32.53 per share, leaving her with 115,226 directly held common shares.

Insider Trade Summary

4,401 shares exercised/converted

Mixed 3 txns

Insider Frost G. Janelle

Role President & CEO

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units	4,401	$0.00	--
Exercise	Common stock	4,401	$0.00	--
Tax Withholding	Common stock	1,883	$32.53	$61K

Holdings After Transaction: Restricted Stock Units — 9,948 shares (Direct); Common stock — 117,109 shares (Direct)

Footnotes (1)

1. Restricted stock units convert into common stock on a one-for-one basis. On March 1, 2026, 4,401 restricted stock units fully vested.

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Form 4 Insider Transactions: What Each Field Means →

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^*

Frost G. Janelle

(Last) (First) (Middle)

2301 HIGHWAY 190 WEST

(Street)

DERIDDER LA 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)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	President & CEO

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)
			Code	V	Amount	(A) or (D)	Price
Common stock	03/01/2026		M		4,401	A	(1)	117,109	D
Common stock	03/01/2026		F		1,883	D	$32.53	115,226	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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	(1)	03/01/2026		M			4,401	(2)	(2)	Common Stock	4,401	$0	9,948	D

Explanation of Responses:

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

2. On March 1, 2026, 4,401 restricted stock units fully vested.

	/s/ G. Janelle Frost	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.

FAQ

What insider transactions did AMERISAFE (AMSF) CEO Janelle Frost report?

Janelle Frost reported the vesting and conversion of 4,401 restricted stock units into common shares, plus a tax-withholding disposition of 1,883 common shares. These transactions reflect equity compensation mechanics rather than open-market buying or selling activity.

How many AMERISAFE (AMSF) restricted stock units vested for the CEO?

On March 1, 2026, 4,401 restricted stock units held by AMERISAFE President and CEO Janelle Frost fully vested. According to the filing, these units converted into 4,401 shares of common stock on a one-for-one basis at no exercise price.

What was the purpose of the 1,883 AMERISAFE (AMSF) shares disposed of?

The 1,883 common shares were disposed of to satisfy tax liabilities associated with the vesting of restricted stock units. The filing records this as a tax-withholding disposition at a price of $32.53 per share, not as an open-market sale by the CEO.

What is Janelle Frost’s AMERISAFE (AMSF) shareholding after these transactions?

Following the vesting, conversion, and tax-withholding disposition, Janelle Frost directly holds 115,226 shares of AMERISAFE common stock. This figure reflects her updated direct ownership after the Form 4 transactions reported for March 1, 2026.

Were any AMERISAFE (AMSF) shares purchased or sold on the open market in this Form 4?

The filing shows no open-market purchases or sales. It reports an exercise or conversion of 4,401 restricted stock units into common shares at no cost and a tax-withholding disposition of 1,883 shares, both standard equity compensation-related transactions.