Amerisafe (AMSF) EVP converts 4,257 RSUs, withholds 1,846 common shares
Rhea-AI Filing Summary
AMERISAFE INC EVP–CSO Raymond F. Wise Jr. reported the conversion of 4,257 restricted stock units into an equal number of common shares on August 1, 2026. In connection with this event, 1,846 shares of common stock were disposed of at $29.04 per share to cover exercise-price or tax obligations. Following the conversion, Wise holds 9,878 restricted stock units from an original 14,188-unit grant made on August 1, 2023, which vests in four annual installments of 15%, 20%, 30%, and 35% beginning August 1, 2024.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 2,411 shares
Net Buy
3 txns
Insider
Wise Raymond F. Jr.
Role
EVP - CSO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F1, F2 | 4,257 | $0.00 | $0.00 |
| Exercise | Common stock F1 | 4,257 | -- | -- |
| Exercise Price or Tax Liability | Common stock | 1,846 | $29.04 | $54K |
Holdings After Transaction:
Restricted Stock Units — 9,878 shares (Direct);
Common stock — 8,972 shares (Direct)
Footnotes (2)
- F1. Restricted stock units convert into common stock on a one-for-one basis.
- F2. On August 1, 2023, the reporting person was granted 14,188 restricted stock units, vesting in four annual installments of 15%, 20%, 30%, and 35% beginning August 1, 2024, the first anniversary of the grant date.
Key Figures
RSUs converted: 4,257 units
Common shares acquired: 4,257 shares
Shares disposed for obligations: 1,846 shares
+4 more
7 metrics
RSUs converted
4,257 units
Restricted stock units converted into common stock on August 1, 2026
Common shares acquired
4,257 shares
Common stock received upon RSU conversion on August 1, 2026
Shares disposed for obligations
1,846 shares
Shares delivered or withheld to pay exercise price or tax liability
Disposition price per share
$29.04 per share
Per-share value for 1,846-share disposition on August 1, 2026
RSUs remaining after transaction
9,878 units
Restricted stock units held following the August 1, 2026 conversion
Original RSU grant
14,188 units
Restricted stock units granted on August 1, 2023
Vesting schedule start
August 1, 2024
Beginning of four annual vesting installments of 15%, 20%, 30%, and 35%
Key Terms
Restricted stock units, Exercise or conversion of derivative security, Payment of exercise price or tax liability
3 terms
Restricted stock units financial
"Restricted stock units convert into common stock on a one-for-one basis."
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.
Exercise or conversion of derivative security financial
"Transaction code M is described as Exercise or conversion of derivative security."
Payment of exercise price or tax liability financial
"Code F is Payment of exercise price or tax liability by delivering or withholding securities."
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did AMSF executive Raymond F. Wise Jr. report?
Raymond F. Wise Jr., EVP–CSO of Amerisafe, reported converting 4,257 restricted stock units into 4,257 common shares on August 1, 2026. In connection with this conversion, 1,846 shares were disposed of at $29.04 per share to satisfy exercise-price or tax obligations, leaving 9,878 RSUs outstanding.
How many Amerisafe (AMSF) restricted stock units does Raymond Wise hold after this filing?
After the reported transactions, Raymond Wise holds 9,878 restricted stock units. These units are part of an original 14,188-unit grant awarded on August 1, 2023, which is scheduled to vest over four years in specified annual percentage tranches.
What was the size and structure of Raymond Wise’s original RSU grant at AMSF?
On August 1, 2023, Raymond Wise received an original grant of 14,188 restricted stock units. This grant vests in four annual installments of 15%, 20%, 30%, and 35%, starting on August 1, 2024, the first anniversary of the grant date.
How do the RSUs reported in this AMSF Form 4 convert into common stock?
The reported restricted stock units convert into Amerisafe common stock on a one-for-one basis. In this filing, 4,257 RSUs converted into 4,257 common shares, consistent with the one-for-one conversion ratio described in the accompanying footnote.
Does this Amerisafe (AMSF) Form 4 indicate trades under a Rule 10b5-1 plan?
The Form 4’s Rule 10b5-1 checkbox is not marked as affirming a trading plan, and no footnote describes a pre-arranged plan. Based on the filing data, these transactions are not identified as executed pursuant to a Rule 10b5-1 trading arrangement.