Presurance Holdings (PRHI) Director Timothy Lamothe Sells Shares

What Happened
Timothy Lamothe, a director of Presurance Holdings, reported a sale of 2,478 shares on August 27, 2026. The shares were sold at $6.51 per share for gross proceeds of $16,138. The Form 4 lists the transaction as a sale (code S) reported as an open-market or private sale.

Key Details

• Transaction date: August 27, 2026
• Transaction type: Sale (S) — reported as "open market or private sale"
• Price and amount: 2,478 shares at $6.51 per share; total proceeds $16,138
• Shares owned after transaction: Not specified in the provided filing excerpt
• Footnote: Reported amounts have been adjusted to reflect a 1-for-7 reverse stock split effective June 1, 2026 (so 2,478 post-split equals 17,346 pre-split shares)
• Filing: Form 4 filed Aug 31, 2026 — this filing date is within the required two business days after the Aug 27 transaction (timely)

Context
Insider sales are common and can be routine (e.g., for diversification, taxes, or liquidity) and do not by themselves indicate a change in company prospects. Purchases typically attract more attention as a potential bullish signal; this filing documents a small open-market sale by a director.