Beckles Kathy Card 4

What Happened
Kathy Beckles, Chief Legal Officer of Verisk Analytics (VRSK), received equity awards and a stock‑option grant in mid‑January 2026 and had shares withheld to cover taxes. On Jan 14, 2026 she received 5,856 shares upon settlement of performance stock units; 2,639 of those shares were withheld to satisfy taxes (withheld value $590,318 at $223.69/share). On Jan 15, 2026 she received 1,576 restricted stock units and was granted a derivative stock option covering 7,229 shares; 576 restricted shares were withheld for taxes (withheld value $127,901 at $222.05/share). Total shares withheld: 3,215 for ~$718,219. The acquisitions labeled “A” are awards/settlements; the disposals labeled “F” reflect tax withholding, not open‑market sales.

Key Details

• Transaction dates: Jan 14–15, 2026; Form 4 filed Jan 23, 2026. The filing date is more than two business days after the transactions and appears later than the typical 2‑business‑day reporting deadline.
• Grants/settlements: 5,856 shares (PSU settlement) on 1/14; 1,576 RSUs on 1/15; 7,229‑share stock option (derivative) granted on 1/15.
• Withholding (tax payment): 2,639 shares @ $223.69 = $590,318 (1/14); 576 shares @ $222.05 = $127,901 (1/15); total withheld 3,215 shares ≈ $718,219.
• Shares owned after the transactions: not provided in the filing excerpt.
• Footnotes: PSU settlement relates to Jan 15, 2023 PSU award (performance and service conditions). RSUs vest per the 2021 Equity Incentive Plan schedule. The option grant vests in four equal annual installments per plan terms.

Context

• These disposals are tax‑withholding transactions (code F), not discretionary sales — common when equity awards vest and shares are issued.
• The 7,229‑share item is a derivative (option) grant, not an exercised option; vesting and exercise would occur in future periods per the option agreement.
• Filing timeliness: because the Form 4 was filed Jan 23 for Jan 14–15 transactions, retail investors may want to note the late filing and monitor for any amendments or clarifications.