Wise Raymond F. Jr. 4
Research Summary
AI-generated summary
Amerisafe (AMSF) EVP Raymond F. Wise Jr. Receives RSU Award
What Happened
- Raymond F. Wise Jr., Executive Vice President and Chief Sales Officer of Amerisafe Inc. (AMSF), received a grant of 2,225 restricted stock units (RSUs) on March 9, 2026. The Form 4 records the acquisition as a derivative award at $0.00 per unit (total reported value $0 on the Form 4) — this is a compensation award, not an open-market purchase or sale.
Key Details
- Transaction date: 2026-03-09; filing date: 2026-03-11 (appears timely under Form 4 rules).
- Transaction type/code: A — Grant/Award (derivative securities).
- Units granted: 2,225 restricted stock units; reported price: $0.00 (derivative award).
- Shares owned after transaction: Not specified in the provided Form 4 data.
- Footnotes: F1 — each RSU represents a contingent right to one share of common stock; F2 — RSUs fully vest on March 1, 2029.
- No indication of a 10b5-1 plan, tax-withholding sale, or late filing in the information provided.
Context
- RSUs are a form of equity compensation that convert to shares (or cash equivalent) only upon vesting; they do not represent immediately tradable shares. This grant signals compensation/retention for the executive rather than a direct market buy or sell.