Grover David J. 4

What Happened
David J. Grover, Verisk's Chief Accounting Officer, received a total of 2,403 shares through equity awards (grants/vesting) on Jan 14–15, 2026 and had 406 shares withheld to cover tax liabilities, generating proceeds of about $90,680. Details: 991 shares (Jan 14), 252 shares (Jan 15) and 1,160 derivative shares (Jan 15) were reported as acquired at $0.00; 322 shares were withheld at $223.69 ($72,028) and 84 shares at $222.05 ($18,652).

Key Details

• Transaction dates and prices:
  • Jan 14, 2026: 991 shares issued at $0.00 (award); 322 shares withheld at $223.69 (tax withholding; $72,028).
  • Jan 15, 2026: 252 shares issued at $0.00 (award); 84 shares withheld at $222.05 (tax withholding; $18,652); 1,160 derivative shares issued at $0.00.
• Shares acquired (total): 2,403. Shares withheld/disposed: 406. Proceeds from withheld shares: ~$90,680.
• Shares owned after transaction: Not disclosed in this filing.
• Footnotes of note:
  • F1/F2: Some shares came from settlement of performance stock units granted Jan 15, 2023; withholding used to pay related taxes.
  • F3/F4: Other shares were restricted stock units that vested and had shares withheld for taxes.
  • F5/F6: Plan/option vesting terms referenced (no option exercise reported here).
• Filing timeliness: The Form 4 was filed Jan 23, 2026 for transactions dated Jan 14–15, 2026, which is later than the typical two-business-day filing window (the filing appears late).

Context
These transactions reflect the settlement/vesting of performance stock units and restricted stock units, with shares withheld to satisfy tax obligations (a routine, non-sale administrative action). This is not an open-market purchase or sale that signals a directional trade—it's the issuance of awarded shares and tax-withholding rather than a discretionary sale.