VRSK Form 4: Director Adds 119 Deferred Units, Ownership 67,459

Rhea-AI Filing Summary

Samuel G. Liss, a director of Verisk Analytics, Inc. (VRSK), reported receiving 119 deferred stock units on 09/30/2025 as part of the board retainer under the 2021 Equity Incentive Plan. The units were granted at a price of $0.00 and increase the reporting person’s beneficial ownership to 67,459 shares following the transaction. These deferred stock units convert into an equivalent number of common shares when the director’s board service ends, and they were elected in lieu of immediate cash payment for quarterly board compensation.

Positive

• Director alignment: 119 deferred stock units align board compensation with shareholder returns
• No cash outlay: director elected equity deferral, preserving company cash for operations
• Transparent disclosure: filing clearly states 09/30/2025 grant and conversion mechanics

Negative

• None.

Insights

Corporate Governance Analyst

Director chose equity deferral to align pay with shareholder outcomes.

The director elected to receive 119 deferred stock units under the 2021 Equity Incentive Plan instead of cash retainer, which ties compensation to future share delivery at end of board service. This is a common governance practice to align board members with long-term shareholder interests.

Dependence on future service and share price at conversion are the key factors; the units do not immediately dilute outstanding shares until conversion. Watch any future disclosures showing conversion timing or accelerated vesting if service ends unexpectedly.

Investor Ownership Specialist

Reported change is small relative to total ownership and appears administrative.

The transaction increased reported beneficial ownership to 67,459 shares after adding 119 deferred units, recorded at $0.00. The form indicates the units are deferred compensation, not immediate open‑market purchases or sales.

Because the number of units is modest, near‑term market impact or material dilution is unlikely; monitor future Form 4 filings or company disclosures if larger grants or conversions occur within a short window.

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
Estimated average burden
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).

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^*

LISS SAMUEL G

(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)

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

3. Date of Earliest Transaction (Month/Day/Year)
09/30/2025

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	09/30/2025		A		119(1)	A	$0.00	67,459	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

Explanation of Responses:

1. The reporting person elected to receive these deferred stock units under the Issuer's 2021 Equity Incentive Plan as part of the annual Board member retainer fee which is paid quarterly in arrears. These deferred stock units entitle the reporting person to the equivalent number of shares of Common Stock at the end of the reporting person's service to the Board of the Issuer.

	/s/ Kathy Card Beckles, Attorney-in-fact	10/06/2025
	** 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.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did Samuel G. Liss report on Form 4 for VRSK?

The filing reports receipt of 119 deferred stock units on 09/30/2025, increasing beneficial ownership to 67,459 shares.

Were any shares purchased or sold in this transaction for VRSK?

No cash purchase or sale occurred; the units were granted as deferred compensation at a reported price of $0.00.

When will the deferred stock units convert into common shares?

The units "entitle the reporting person to the equivalent number of shares of Common Stock at the end of the reporting person's service to the Board," per the filing.

Does this Form 4 indicate any immediate dilution for VRSK shareholders?

No immediate dilution is shown; conversion occurs upon end of board service, so shares are not issued at the grant date.

Under which plan were the deferred units granted?

They were elected under the 2021 Equity Incentive Plan as part of the annual board retainer.

Who signed the Form 4 and when was it filed?

The form was signed by Kathy Card Beckles, Attorney-in-fact on 10/06/2025.