Verisk director receives 1,347-share equity award
Patiath Pradip reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
Patiath Pradip reported acquisition or exercise transactions in this Form 4 filing.
Verisk Analytics director Pradip Patiath received an equity grant rather than buying shares on the market. He was awarded 1,347 restricted stock units of Common Stock at no cash cost under Verisk’s 2021 Equity Incentive Plan. Following this award, he directly holds 1,352 shares. The restricted stock units vest in full on the earlier of the next Annual Shareholders Meeting or the one-year anniversary of the grant date, so the value depends on him remaining in service until that vesting date.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,347 | $0.00 | $0.00 |
Footnotes (1)
- F1. These restricted stock units of Common Stock were granted under the Issuer's 2021 Equity Incentive Plan. Subject to the terms of the Issuer's 2021 Equity Incentive Plan and the applicable award agreement thereunder, these restricted stock units vest in full upon the earlier of (i) the following year's Annual Shareholders Meeting, or (ii) the one-year anniversary of the grant date.
Key Figures
Key Terms
restricted stock units financial
2021 Equity Incentive Plan financial
Form 4 regulatory
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Verisk Analytics (VRSK) director Pradip Patiath report in this Form 4?
Was the Verisk (VRSK) Form 4 transaction an open-market stock purchase or a grant?
What are the vesting terms of Pradip Patiath’s Verisk (VRSK) restricted stock units?
Does this Verisk (VRSK) Form 4 indicate any derivative or option exercises?
AI-generated analysis. How Rhea-AI works. Not financial advice.