Ramos Guillermo A 4

What Happened
Guillermo A. Ramos, Chief Financial Officer of Amerisafe, received a grant of 33,003 restricted stock units (RSUs) on May 7, 2026. The Form 4 records the acquisition as a derivative award at $0.00 per unit (i.e., a grant rather than a cash purchase or sale). The filing does not state a dollar value for the grant; economic value will depend on Amerisafe’s share price when units vest or are settled.

Key Details

• Transaction date: May 7, 2026; Form 4 filed May 11, 2026.
• Transaction type/code: A — Award/Grant of derivative securities (RSUs) recorded at $0.00.
• Number of units granted: 33,003 restricted stock units (each unit represents a contingent right to one share). (Footnote F1)
• Vesting: Four annual installments of 15%, 20%, 30% and 35%, beginning May 7, 2027 (first anniversary). (Footnote F2)
• Shares owned after transaction: Not specified in the provided filing.
• Filing timeliness: The filing date is four days after the grant date; insiders are generally required to file Form 4 within two business days, so this may indicate a late filing.

Context
These RSUs are derivative awards that convert to common shares only as they vest; they do not represent an immediate open‑market purchase or sale. Grants to executives are a common form of long‑term compensation and do not by themselves indicate an immediate bullish or bearish trade. Tax withholding or share settlement details (e.g., shares withheld for taxes) are not reported in the provided filing.