Verisk (VRSK) Insider Filing: Option Exercises and 10b5-1 Sale by CIO

Rhea-AI Filing Summary

Nicholas Daffan, Chief Information Officer of Verisk Analytics (VRSK), reported multiple transactions on 09/03/2025. He exercised 2,749 options with a $104 exercise price and 1,883 options with a $107.64 exercise price, each option series tied to the 2013 Equity Incentive Plan. He sold 5,420 shares at $265 per share pursuant to a 10b5-1 trading plan established on March 5, 2025. Following these transactions, his reported beneficial ownership is 54,337 shares. The filing is signed by an attorney-in-fact on his behalf.

Positive

• Exercise of vested options increased shares acquired through company equity compensation
• Sale executed under a 10b5-1 plan, indicating a pre-established trading arrangement and compliance with Rule 10b5-1

Negative

• Sale of 5,420 shares at $265 reduced reported beneficial ownership from 59,757 to 54,337 shares

Insights

Securities Analyst

TL;DR: Officer exercised vested options then sold shares under a pre-established 10b5-1 plan; routine insider activity with no new disclosures.

The filing shows standard option exercises from grants dated 2019 and corresponding expirations in 2028, followed by a sale executed under a 10b5-1 plan dated March 5, 2025. The transactions change the reporting person’s net holdings to 54,337 shares. There are no indications of additional derivative grants, loans, or changes in beneficial ownership structure disclosed in this form.

Corporate Governance Expert

TL;DR: Transactions appear compliant and documented; sale executed under written trading plan provides affirmative defense.

The report documents option exercises and an explicit reference to a 10b5-1 plan, which supports procedural compliance for the sale. Option details (exercise prices, original grant/exercisable dates and 2028 expirations) are included, and the form is properly signed by an attorney-in-fact. No governance or remuneration changes beyond routine option exercise and sale are reported.

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

OMB APPROVAL

OMB Number:			3235-0287
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hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

X

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^*

Daffan Nicholas

(Last) (First) (Middle)

C/O VERISK ANALYTICS, INC.

545 WASHINGTON BOULEVARD

(Street)

JERSEY CITY NJ 07310

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Verisk Analytics, Inc. [ VRSK ]

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

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

3. Date of Earliest Transaction (Month/Day/Year)
09/03/2025

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	09/03/2025		M		2,749	A	$104	57,874	D
Common Stock	09/03/2025		M		1,883	A	$107.64	59,757	D
Common Stock	09/03/2025		S		5,420(1)	D	$265	54,337	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
Stock Option(2)	$104	09/03/2025		M			2,749	04/01/2019	04/01/2028	Common Stock	2,749	$0.00	5,500	D
Stock Option(2)	$107.64	09/03/2025		M			1,883	07/01/2019	07/01/2028	Common Stock	1,883	$0.00	3,765	D

Explanation of Responses:

1. These shares were sold pursuant to a 10b5-1 plan that Mr. Daffan entered into on March 5, 2025.

2. Stock Options outstanding under the Issuer's 2013 Equity Incentive Plan.

	/s/ Kathy Card Beckles, Attorney-in-fact	09/03/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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FAQ

What insider transactions did VRSK officer Nicholas Daffan report on 09/03/2025?

He exercised 2,749 options at $104 and 1,883 options at $107.64, then sold 5,420 shares at $265 under a 10b5-1 plan.

How many VRSK shares does Nicholas Daffan beneficially own after the transactions?

The filing reports 54,337 shares beneficially owned following the reported transactions.

Were the share sales by the VRSK officer part of a Rule 10b5-1 plan?

Yes. The filing states the sale was pursuant to a 10b5-1 plan entered into on March 5, 2025.

What option grant program covered the exercised options for VRSK?

The options are outstanding under the issuer's 2013 Equity Incentive Plan with exercisable dates in 2019 and expirations in 2028.

Who signed the Form 4 filing for Nicholas Daffan?

The form was signed on his behalf by Kathy Card Beckles, Attorney-in-fact on 09/03/2025.