Presurance Holdings (PRHI) insider exercises rights into common stock

Rhea-AI Filing Summary

Presurance Holdings, Inc. reported that 10% owner Clarkston Ventures, LLC exercised subscription rights in an out-of-the-money derivative transaction. Clarkston exercised 3,735,769 subscription rights at $0.00 per right and received 4,277,455 shares of common stock at $1.00 per share.

After the transaction, Clarkston reported owning 8,013,224 shares of Presurance common stock directly. A footnote states that Clarkston disclaims beneficial ownership of all shares held in client accounts.

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

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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^*

Clarkston Ventures, LLC

(Last) (First) (Middle)

303 E. THIRD ST.

SUITE 110

(Street)

ROCHESTER MI 48307

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Presurance Holdings, Inc. [ PRHI ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

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

3. Date of Earliest Transaction (Month/Day/Year)
02/27/2026

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	02/27/2026		O		4,277,455	A	$1	8,013,224(1)	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
Subscription Rights (right to buy)	$1	02/27/2026		O			3,735,769	02/06/2026	02/24/2026	Common Stock	3,735,769	$0	0	D

Explanation of Responses:

1. The Reporting Person disclaims beneficial ownership of all shares held in client accounts.

	/s/ Jeffrey Hakala, Member	03/03/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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FAQ

What insider transaction did Clarkston Ventures report for CNFR/Presurance Holdings?

Clarkston Ventures, a 10% owner of Presurance Holdings, reported exercising subscription rights in an out-of-the-money derivative transaction. It converted 3,735,769 rights into 4,277,455 common shares at $1.00 per share, increasing its reported direct common stock position.

How many Presurance Holdings shares did Clarkston Ventures receive in this Form 4?

Clarkston Ventures received 4,277,455 Presurance Holdings common shares through the exercise of subscription rights. The rights were exercised in an out-of-the-money derivative transaction, with the new common shares priced at $1.00 each, materially expanding the reporting person’s stated common stock holdings.

What is Clarkston Ventures’ Presurance Holdings share count after the reported transaction?

After the transaction, Clarkston Ventures reported directly owning 8,013,224 Presurance Holdings common shares. This total reflects the addition of 4,277,455 new shares acquired via exercised subscription rights, as disclosed in the Form 4 ownership table following the derivative exercise.

At what prices were the Presurance Holdings subscription rights and shares recorded?

The subscription rights were recorded at a transaction price of $0.00 per right, while the resulting Presurance Holdings common shares were recorded at $1.00 per share. These prices are shown in the Form 4 transaction detail for the derivative exercise and resulting stock issuance.

Does Clarkston Ventures claim full beneficial ownership of the Presurance Holdings shares?

No. A footnote in the Form 4 states that Clarkston Ventures disclaims beneficial ownership of all shares held in client accounts. This indicates the reported holdings may relate to client assets, even though the entity is listed as the reporting person and 10% owner.

What transaction code and description are used in this Presurance Holdings Form 4?

The Form 4 uses transaction code “O” with the description “Exercise of out-of-the-money derivative security.” This applies both to the subscription rights and the resulting common stock, indicating the activity was a derivative exercise rather than a standard open-market purchase or sale.