Presurance Holdings, Inc. (PRHI) director Joseph D. Sarafa reported a direct purchase of 11,000 common shares on September 30, 2026, at a weighted average price of $6.7497 per share. The purchase comprised multiple trades priced from $6.68 to $6.75. No Rule 10b5-1 plan is reported.
After the purchase, Sarafa directly held 61,000 shares. The reported share amounts reflect the 1-for-7 reverse stock split effective June 1, 2026.
Presurance Holdings, Inc. (PRHI) director Isolde O'Hanlon purchased 7,250 shares of common stock on September 30, 2026, at a weighted average price of $6.7497 per share. Multiple trades ranged from $6.68 to $6.75. She reported 7,964 shares held directly following the purchase. The reported share amounts reflect the 1-for-7 reverse stock split effective June 1, 2026. No Rule 10b5-1 plan is reported.
Presurance Holdings, Inc. director James Grant Smith purchased 7,250 shares of common stock on September 30, 2026, at a weighted average price of $6.7497 per share. The shares were purchased in multiple trades priced from $6.68 to $6.75, and Smith’s direct holdings after the transaction were 15,953 shares. The reported amounts reflect the 1-for-7 reverse stock split effective June 1, 2026. No Rule 10b5-1 plan is reported.
Presurance Holdings, Inc. (PRHI) Chief Executive Officer Brian J. Roney purchased 7,500 shares of common stock on September 30, 2026, at a reported weighted average price of $6.7497 per share. The transaction involved multiple trades priced from $6.68 to $6.75 per share. His reported direct holdings after the purchase were 80,390 shares. The reported amounts reflect the 1-for-7 reverse stock split effective June 1, 2026. No Rule 10b5-1 plan is reported.
Presurance Holdings, Inc. (PRHI) CFO and Treasurer Harold J. Meloche purchased 4,100 common shares on September 30, 2026, at $6.375 per share. He directly held 14,468 shares after the purchase. The reported share amounts reflect the 1-for-7 reverse stock split effective June 1, 2026. No Rule 10b5-1 plan is reported.
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.
Presurance Holdings, Inc. reported stronger profitability for the quarter and six months ended June 30, 2026, while materially shrinking premium volume as it reshapes its book. First-half net income doubled to $5.2 million ($1.66 per share) from $2.6 million ($1.47 per share). The first-half combined ratio improved to 86.4% from 131.2%, reflecting better underwriting performance and favorable prior-year reserve development.
For the second quarter, net income was $2.5 million on net earned premiums of $6.8 million, with a combined ratio of 69.5%, including 31 percentage points of favorable prior-year development. Gross written premiums declined 38.0% in the quarter and 34.1% year-to-date as the company exited legacy commercial lines; personal lines comprised 100% of gross written premium in the quarter, driven largely by Texas homeowners. Adjusted operating income turned positive to $1.3 million in the quarter from a loss of $2.1 million a year earlier. Book value stood at $7.41 per share, and total shareholders’ equity was $27.7 million as of June 30, 2026.
Presurance Holdings, Inc. reported net income of $2.5 million for the quarter ended June 30, 2026, up from $2.1 million a year earlier, and $5.2 million for the first six months versus $2.6 million in 2025. Results were heavily influenced by a $1.2 million quarterly and $5.7 million year-to-date gain from changes in the fair value of contingent consideration related to the CIS sale. Core insurance activity shrank: net earned premiums fell to $6.8 million from $9.6 million in the quarter and to $12.7 million from $19.9 million year-to-date as commercial lines remain in runoff and the company focuses on homeowners business.
Losses and loss adjustment expenses declined sharply to $1.7 million from $6.6 million in the quarter, aided by $2.4 million of favorable development on legacy commercial business. Shareholders’ equity rose to $27.7 million from $9.0 million at December 31, 2025, driven by a $14.0 million rights offering and earnings, while common shares outstanding increased to 3.75 million. Cash, cash equivalents and short-term investments totaled $41.2 million, but operating activities used $20.2 million of cash year-to-date. The insurance subsidiary TIC remained subject to Company Action Level risk-based capital requirements, constraining writings, and the company recorded a $10.0 million receivable for the fully earned final CIS earnout expected by August 31, 2026.
Presurance Holdings, Inc. large shareholder Clarkston Companies, Inc. reported an internal restructuring of its preferred stock holdings. On May 11, 2026, Clarkston exchanged 1,600 shares of Presurance’s Series C Preferred Stock for 1,600 shares of newly designated Series D Preferred Stock, each with a stated price of $5,000 per share.
After the exchange, Clarkston’s Series C Preferred Stock position was reduced to 0 shares, and its Series D Preferred Stock holdings increased to 1,600 shares. Clarkston also reported continuing direct ownership of 9,065,360 shares of Presurance common stock, with no change in that common stock position disclosed in this filing.
Presurance Holdings, Inc. reported results from its June 3, 2026 virtual annual shareholder meeting. Shareholders elected Class II directors Timothy M. Lamothe and Isolde G. O'Hanlon to three-year terms ending at the 2029 annual meeting and ratified Grant Thornton LLP as independent auditor for 2026.
As of the April 20, 2026 record date, 26,222,881 common shares were outstanding and entitled to vote. A quorum was reached, with 21,552,879 shares represented (approximately 82.2% of outstanding shares). Each director received about 19 million votes in favor, and the auditor ratification received over 20.5 million votes for.