Raymond F. Wise Jr. - 01 Aug 2025 Form 4 Insider Report for AMERISAFE INC (AMSF)

Role: EVP - CSO
Signature: /s/ Raymond F. Wise Jr.
Issuer symbol: AMSF
Transactions as of: 01 Aug 2025
Net transactions value: -$54,020
Form type: 4
Filing time: 04 Aug 2025, 16:11:23 UTC
Previous filing: 05 Mar 2025
Next filing: 03 Mar 2026
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Wise Raymond F. Jr.	EVP - CSO	2301 HIGHWAY 190 WEST, DERIDDER	/s/ Raymond F. Wise Jr.	04 Aug 2025	0001691779

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	AMSF	Common stock	Options Exercise		+2,837	+238%		4,031	01 Aug 2025	Direct	F1
transaction	AMSF	Common stock	Tax liability	$54,020	-1,237	-31%	$43.67	2,794	01 Aug 2025	Direct

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	AMSF	Restricted Stock Units	Options Exercise	$0	-2,837	-18%	$0.000000	12,954	01 Aug 2025	Common Stock	2,837		Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Restricted stock units convert into common stock on a one-for-one basis.
F2	On August 1, 2023, the reporting person was granted 14,188 restricted stock units, vesting in four annual installments of 15%, 20%, 30%, and 35% beginning August 1, 2024, the first anniversary of the grant date.