Clarkston Ventures, LLC 4

What Happened
Clarkston Ventures, LLC (reported as a 10% owner of Presurance Holdings, Inc. — PRHI) exercised out‑of‑the‑money derivatives on February 27, 2026. The filing shows an acquisition of 4,277,455 shares at $1.00 per share (total consideration $4,277,455). The same filing also reports the exercise/derivative treatment of 3,735,769 shares at $0.00 labeled as a disposition (reported value $0).

Key Details

• Transaction date: 2026-02-27; Filing date: 2026-03-03.
• Acquired: 4,277,455 shares at $1.00 each — total $4,277,455.
• Disposed (derivative): 3,735,769 shares at $0.00 (reported as a derivative disposition, $0 value).
• Shares owned after the transaction: Not specified in the Form 4.
• Footnote: Reporting person disclaims beneficial ownership of shares held in client accounts (F1).
• Insider type: 10% owner (institutional/affiliate), not an executive disclosure.

Context
This report documents option/derivative exercises. The acquisition of shares for cash ($1.00 strike) indicates an actual purchase of stock via exercise. The separate line showing 3,735,769 shares at $0.00 suggests a derivative adjustment or non‑cash disposition recorded by the filer; the filing does not explain operational details beyond the entries. Because the reporting entity is a 10% owner managing client accounts, the footnote clarifies it does not claim beneficial ownership of shares held for clients. The filing does not state post‑transaction holdings or whether any shares were immediately sold into the market.