Presurance director sells 2,478 shares, exits stake
Presurance Holdings, Inc. (PRHI) director Timothy Lamothe reported a sale of 2,478 shares of common stock on August 27, 2026, at a price of $6.5127 per share.
Rhea-AI Filing Summary
Presurance Holdings, Inc. (PRHI) director Timothy Lamothe reported a sale of 2,478 shares of common stock on August 27, 2026, at a price of $6.5127 per share. Following this transaction, he reported holding 0 shares directly. The share amounts reflect a 1-for-7 reverse stock split of Presurance’s common stock that became effective on June 1, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 2,478 shares
Net Sell
1 txn
Insider
Lamothe Timothy
Role
Director
Sold
2,478 shs ($16K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1 | 2,478 | $6.5127 | $16K |
Holdings After Transaction:
Common Stock — 0 shares (Direct)
Footnotes (1)
- F1. Effective June 1, 2026, the Issuer effected a 1-for-7 reverse stock split of its common stock (the "Reverse Stock Split"). The amount of securities reported on this Form 4 has been adjusted to reflect the Reverse Stock Split.
Key Figures
Shares sold: 2,478 shares of Common Stock
Sale price per share: $6.5127 per share
Shares owned after transaction: 0 shares
+1 more
4 metrics
Shares sold
2,478 shares of Common Stock
Non-derivative sale on August 27, 2026
Sale price per share
$6.5127 per share
Price for the 2,478 PRHI shares sold on August 27, 2026
Shares owned after transaction
0 shares
Direct ownership reported following the August 27, 2026 sale
Reverse stock split ratio
1-for-7
Reverse stock split of PRHI common stock effective June 1, 2026
Key Terms
reverse stock split, 1-for-7, open market or private transaction
3 terms
reverse stock split financial
"the Issuer effected a 1-for-7 reverse stock split of its common stock"
A reverse stock split reduces a company's number of outstanding shares while raising the price per share proportionally, so the total value of each investor's holding is unchanged; a 1-for-10 split turns 100 shares worth $1 each into 10 shares worth $10 each. Companies often do this to regain compliance with an exchange's minimum price rule or to attract investors who avoid very low-priced stocks.
1-for-7 financial
"effected a 1-for-7 reverse stock split of its common stock"
open market or private transaction financial
"Sale in open market or private transaction"
FAQ
What insider transaction did PRHI director Timothy Lamothe report?
Timothy Lamothe reported selling 2,478 shares of Presurance Holdings, Inc. (PRHI) common stock on August 27, 2026 at $6.5127 per share, in an open-market or private sale transaction.
When did the reverse stock split for PRHI common stock occur?
Presurance Holdings, Inc. effected a 1-for-7 reverse stock split of its common stock effective June 1, 2026. The share amounts in this Form 4 are adjusted to reflect that reverse split.
Does the PRHI Form 4 indicate any remaining derivative securities for Timothy Lamothe?
No. The Form 4 derivative security section is empty, and the summary data show 0 derivative transactions and 0 derivative holdings reported in this filing.
AI-generated analysis. How Rhea-AI works. Not financial advice.