BROWN MICHAEL J 4

What Happened

• Michael J. Brown, a director of Amerisafe, was granted 2,340 shares on 2026-06-10. The grant was recorded at $0.00 per share (total reported value $0.00) and is reported on a Form 4 filed 2026-06-12. The transaction code is "A" (award/acquisition).
• These shares are restricted and subject to vesting/forfeiture conditions that will lapse at the issuer's 2027 annual meeting of shareholders.

Key Details

• Transaction date: 2026-06-10; Filing date (Form 4): 2026-06-12.
• Grant details: 2,340 shares at $0.00 per share (total $0.00); transaction code "A" (award).
• Shares owned after transaction: Not disclosed in this filing.
• Footnote: Restrictions will lapse at the issuer's 2027 annual meeting of shareholders.
• Timeliness: Filed two days after the transaction date on the Form 4 — appears to be within the standard 2-business-day reporting window.

Context

• This was a restricted stock award to a director as compensation, not an open-market purchase or sale. Restricted shares typically cannot be sold until vesting conditions lapse and may be forfeited if conditions are not met.
• Such director grants are common as part of compensation plans and do not, by themselves, indicate the insider's intent to buy or sell stock.