Nicholas Daffan - Jan 8, 2024 Form 4 Insider Report for Verisk Analytics, Inc. (VRSK)

Role
Chief Information Officer
Signature
/s/ Kathy Card Beckles, Attorney-in-fact
Stock symbol
VRSK
Transactions as of
Jan 8, 2024
Transactions value $
-$504,402
Form type
4
Date filed
1/16/2024, 04:18 PM
Previous filing
Dec 13, 2023
Next filing
Jan 22, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VRSK Common Stock Award $0 +3.92K +8.61% $0.00 49.5K Jan 8, 2024 Direct F1
transaction VRSK Common Stock Tax liability -$329K -1.38K -2.78% $238.86 48.1K Jan 8, 2024 Direct F2
transaction VRSK Common Stock Options Exercise $84.1K +1.05K +2.18% $80.19 49.2K Jan 12, 2024 Direct
transaction VRSK Common Stock Options Exercise $98.2K +1.21K +2.46% $81.14 50.4K Jan 12, 2024 Direct
transaction VRSK Common Stock Sale -$355K -1.51K -2.99% $235.64 48.9K Jan 12, 2024 Direct F3
transaction VRSK Common Stock Options Exercise $2.97K +37 +0.08% $80.19 48.9K Jan 16, 2024 Direct
transaction VRSK Common Stock Sale -$5.89K -25 -0.05% $235.48 48.9K Jan 16, 2024 Direct F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction VRSK Stock Option Options Exercise $0 -1.05K -19.32% $0.00 4.38K Jan 12, 2024 Common Stock 1.05K $80.19 Direct F4, F5
transaction VRSK Stock Option Options Exercise $0 -1.21K -20% $0.00 4.84K Jan 12, 2024 Common Stock 1.21K $81.14 Direct F4, F5
transaction VRSK Stock Option Options Exercise $0 -37 -0.84% $0.00 4.34K Jan 16, 2024 Common Stock 37 $80.19 Direct F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Represents shares of common stock issued upon settlement of performance stock units granted on January 15, 2021 under the Issuer's 2013 Equity Incentive Plan and the underlying performance stock unit award agreement that vested based on the level of achievement of the applicable performance condition and satisfaction of the service condition.
F2 Payment of tax liability by withholding shares in connection with the vesting and settlement of performance stock units granted on January 15, 2021.
F3 These shares were sold pursuant to a 10b5-1 plan that Mr. Daffan entered into on March 10, 2023 in order to cover the exercise price of the corresponding stock options and related tax obligation.
F4 Stock Options outstanding under the Issuer's 2013 Equity Incentive Plan.
F5 Immediately.