Wise Raymond F. Jr. 4

What Happened

• Raymond F. Wise Jr., EVP & Chief Sales Officer of Amerisafe (AMSF), was granted 5,694 shares on 2026-03-12 (award, code A) at $0.00 per share. To cover tax withholding (code F), 2,468 of those shares were disposed the same day at $32.92 each, producing proceeds of $81,247. Net new shares from this grant: 3,226 (5,694 granted minus 2,468 withheld). This was a compensation award rather than an open-market purchase; the sale was routine tax withholding.

Key Details

• Transaction dates: 2026-03-12 (award and withholding); filing date: 2026-03-13 (timely).
• Prices and totals: Awarded at $0.00; 2,468 shares withheld/sold at $32.92 = $81,247 proceeds.
• Transaction codes: A = Award/Grant; F = Payment of exercise price or tax liability (share withholding to cover taxes).
• Shares owned after transaction: not specified in the summary data provided — see the full Form 4 for the exact post-transaction holdings.
• Filing timeliness: Report filed next day (not indicated as late).

Context

• This was a compensation grant to an executive; such awards are common and reflect company pay programs rather than a direct bullish purchase by the insider. The withheld-share sale appears to be a cashless/tax-withholding settlement to satisfy tax obligations on the award. Retail investors should view this as routine insider compensation activity rather than a directional bet on the stock.