Clarkston restructures Presurance preferred holdings
Presurance Holdings, Inc. large shareholder Clarkston Companies, Inc. reported an internal restructuring of its preferred stock holdings.
Rhea-AI Filing Summary
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
Other: 3,200 shares
Other
3 txns
Insider
Clarkston Companies, Inc.
Role
10% Owner
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Series D Preferred Stock | 1,600 | $5,000.00 | $8.00M |
| Other | Series C Preferred Stock | 1,600 | $5,000.00 | $8.00M |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Series D Preferred Stock — 1,600 shares (Direct);
Series C Preferred Stock — 0 shares (Direct);
Common Stock — 9,065,360 shares (Direct)
Footnotes (1)
- F1. On May 11, 2026, the Issuer issued 1,600 shares of newly designated Series D Preferred Stock, no par value, to the Reporting Person, in exchange for 1,600 shares of the Issuer's Series C Preferred Stock.
Key Figures
Common stock held after transactions: 9,065,360 shares
Series C Preferred exchanged: 1,600 shares
Series D Preferred received: 1,600 shares
+3 more
6 metrics
Common stock held after transactions
9,065,360 shares
Direct Presurance common stock ownership after May 11, 2026
Series C Preferred exchanged
1,600 shares
Series C Preferred Stock transferred on May 11, 2026
Series D Preferred received
1,600 shares
Newly designated Series D Preferred Stock issued in exchange
Preferred share price
$5,000 per share
Stated transaction price for Series C and Series D Preferred
Restructuring preferred shares total
3,200 shares
Total preferred shares involved in restructuring per summary
Reporting person status
Ten percent owner
Clarkston Companies identified as 10% owner of Presurance
Key Terms
Series C Preferred Stock, Series D Preferred Stock, ten percent owner, Other acquisition or disposition, +1 more
5 terms
Series C Preferred Stock financial
"the Issuer issued 1,600 shares of newly designated Series D Preferred Stock, no par value, to the Reporting Person, in exchange for 1,600 shares of the Issuer's Series C Preferred Stock"
A Series C preferred stock is a specific class of ownership issued during a later funding round that gives holders priority over common shareholders for getting paid and receiving dividends, like having a reserved lane in traffic when money is distributed. It often includes agreed rights such as a fixed payout, protection against dilution, and the option to convert into common shares, so investors treat it as a mix of safety and upside potential.
Series D Preferred Stock financial
"the Issuer issued 1,600 shares of newly designated Series D Preferred Stock, no par value, to the Reporting Person"
Series D preferred stock is a specific class of preferred shares typically issued in a later-stage financing round that gives holders special rights such as priority for payout before common shareholders, fixed or cumulative dividends, and often the option to convert into common shares. Investors care because these shares affect who gets paid first in a sale or liquidation, influence ownership and voting power, and change how future fundraising or an exit will impact an investor’s return—like a VIP ticket that can sometimes be exchanged for a regular ticket if that proves more valuable.
ten percent owner regulatory
""is_ten_percent_owner": 1"
Other acquisition or disposition regulatory
""transaction_code_description": "Other acquisition or disposition""
Common Stock financial
""security_title": "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What insider activity did Clarkston Companies report in Presurance Holdings (PRHI)?
Clarkston Companies reported a preferred stock restructuring involving Presurance Holdings. On May 11, 2026, it exchanged 1,600 Series C Preferred shares for 1,600 newly designated Series D Preferred shares, while its large common stock position of 9,065,360 shares remained unchanged in this filing.
Did Clarkston Companies buy or sell Presurance (PRHI) common stock in this Form 4?
No common stock buy or sell is shown in the Form 4. Clarkston reported holding 9,065,360 Presurance common shares following the reported date, with the only detailed changes involving an exchange of preferred stock series rather than open-market trading.
What happened to Clarkston’s Series C Preferred Stock in Presurance (PRHI)?
Clarkston’s Series C Preferred Stock position went to zero after an exchange. It transferred 1,600 Series C Preferred shares, each at a stated price of $5,000, in return for 1,600 shares of newly designated Series D Preferred Stock on May 11, 2026.
What new Presurance (PRHI) security did Clarkston Companies receive?
Clarkston received Series D Preferred Stock from Presurance Holdings. On May 11, 2026, it was issued 1,600 shares of newly designated Series D Preferred Stock, no par value, in exchange for 1,600 Series C Preferred shares, reflecting an internal reclassification of preferred holdings.
How significant is Clarkston Companies’ ownership stake in Presurance (PRHI)?
Clarkston is identified as a ten percent owner of Presurance Holdings. The Form 4 shows it directly holding 9,065,360 shares of Presurance common stock, alongside preferred stock positions that were restructured between Series C and Series D in the reported transaction.
AI-generated analysis. How Rhea-AI works. Not financial advice.
