Daffan Nicholas 4

What Happened Nicholas Daffan, Chief Information Officer of Verisk Analytics (VRSK), received multiple equity awards on January 14–15, 2026 and had shares withheld to cover tax liabilities. Specifically, on Jan 14 he was issued 7,028 shares and 2,835 shares were withheld (disposed) at $223.69/share (withheld value $634,161). On Jan 15 he was issued 1,711 shares and 567 shares were withheld at $222.05/share (withheld value $125,902). In addition, a derivative award of 7,850 shares (a stock-option/derivative-type grant) was reported as acquired on Jan 15. The withholdings (coded F) were tax payments tied to vesting/settlement—not open-market sales.

Key Details

• Transaction dates: Jan 14–15, 2026; filing date: Jan 23, 2026 (file appears late relative to standard 2-business-day Form 4 timing).
• Awarded shares: 7,028 (1/14) + 1,711 (1/15) + 7,850 derivative (1/15) = 16,589 total shares/ awards.
• Shares withheld for taxes (dispositions): 2,835 @ $223.69 = $634,161; 567 @ $222.05 = $125,902; total withheld ≈ 3,402 shares ≈ $760,063.
• Shares owned after transaction: not specified in the provided excerpt.
• Footnotes of note:
  • Withholdings were to pay tax liabilities on vesting/settlement of performance stock units and restricted stock units (PSUs/RSUs).
  • The 7,850 derivative entry relates to a stock option-type award subject to multi-year vesting.
• Filing timeliness: Report filed Jan 23 for Jan 14–15 transactions — appears late (reduces near-term transparency).

Context These entries reflect equity awards vesting/settlement and routine tax-withholding (coded F) rather than open-market purchases or discretionary sales. Performance stock units and restricted stock unit settlements often result in share issuances with a portion withheld to cover taxes; the derivative entry indicates a stock-option style grant that vests over time. Such withholding transactions are common and generally procedural — they do not necessarily signal the insider’s buying/selling preference in the open market.