Clarkston Companies, Inc. 4

What Happened

• Clarkston Companies, Inc. (a reported 10% owner of Presurance Holdings, Inc.) reported multiple transactions: purchases and a redemption/repurchase of preferred stock.
• On 2025-12-23 it purchased 1,600 Series B preferred shares at $5,000.00 each for $8,000,000. On 2026-02-27 it purchased 9,065,360 shares at $1.00 each for $9,065,360. Also on 2026-02-27 the company recorded a disposition of 1,500 Series B preferred shares at $5,000.00 each for $7,500,000.
• The purchases (especially the large ~9.07M-share buy at $1.00) are acquisitions; the 1,500-share disposition reflects a redemption/repurchase by the issuer rather than an open-market sale.

Key Details

• Transaction dates and prices:
  • 2025-12-23: Purchase (P) — 1,600 shares @ $5,000.00 = $8,000,000
  • 2026-02-27: Purchase (P) — 9,065,360 shares @ $1.00 = $9,065,360
  • 2026-02-27: Other disposition (J) — 1,500 shares @ $5,000.00 = $7,500,000
• Footnote: The filing states that on Feb 27, 2026 the Issuer redeemed all Series B preferred stock held by the reporting person under a Redemption Agreement. The redemption price equals the $5,000 issue price plus accrued and unpaid dividends of $101.30 per share (i.e., $5,101.30 per share including accrued dividends).
• Shares owned after the transactions are not specified in the excerpt of the filing.
• Filing timeliness: Form 4 was filed on 2026-03-03 and covers transactions dated 2025-12-23 and 2026-02-27; this appears to be filed after the SEC’s standard two-business-day window.

Context

• Clarkston is a 10% owner (an institutional/major holder), not necessarily an executive; such filings often reflect institutional transactions or corporate actions (here, a redemption of preferred stock) rather than routine insider trading.
• The redemption (code J) is an issuer repurchase of preferred shares; the large $1.00-per-share purchase likely reflects an issuance or conversion event rather than a typical open-market buy.