Hansen Bruce Edward 4
Research Summary
AI-generated summary
Verisk (VRSK) Director Bruce Hansen Exercises Options and Sells Shares
What Happened Bruce Edward Hansen, a director of Verisk Analytics (VRSK), exercised 2,335 stock options on May 22, 2026 at an exercise price of $80.93 per share (cost $188,972) and immediately sold those 2,335 shares in the open market at $171.51 per share for gross proceeds of $400,476. Separately, on May 19, 2026 he was granted 1,347 deferred stock units (awarded at $0), which vest in full at the end of his board service.
Key Details
- Transaction dates: Award on 2026-05-19; option exercise, sale, and derivative disposition on 2026-05-22. Form filed 2026-05-26 (appears timely).
- Exercise: 2,335 shares exercised at $80.93 (total exercise cost $188,972).
- Sale: 2,335 shares sold at $171.51 (gross proceeds $400,476).
- Net proceeds before taxes/fees: approximately $211,504 (sale proceeds minus exercise cost).
- Award: 1,347 deferred stock units granted under the 2021 Equity Incentive Plan; vest upon end of board service (Footnote F1).
- Sale plan: The sale was executed pursuant to a 10b5-1 trading plan entered February 20, 2026 (Footnote F2).
- Option origin: The exercised option was granted under the Issuer’s 2013 Equity Incentive Plan (Footnote F3).
- Shares owned after the transactions: not disclosed in the provided filing excerpt.
Context The sequence (exercise of options followed by immediate sale of the same shares) is effectively a cashless exercise and disposition — common for insiders monetizing vested option value. The sale was run under a pre-established 10b5-1 plan, which typically schedules trades in advance and is considered routine compliance activity rather than a discretionary, real-time sale.