Nicholas Daffan - Sep 12, 2023 Form 4 Insider Report for Verisk Analytics, Inc. (VRSK)

Signature
/s/ Kathy Card Beckles, Attorney-in-fact
Stock symbol
VRSK
Transactions as of
Sep 12, 2023
Transactions value $
-$185,594
Form type
4
Date filed
9/13/2023, 04:30 PM
Previous filing
Aug 14, 2023
Next filing
Oct 13, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VRSK Common Stock Options Exercise $87.2K +1.09K +2.57% $80.19 43.5K Sep 12, 2023 Direct
transaction VRSK Common Stock Options Exercise $98.1K +1.21K +2.78% $81.14 44.7K Sep 12, 2023 Direct
transaction VRSK Common stock Sale -$371K -1.52K -3.39% $244.63 43.2K Sep 12, 2023 Direct F1

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 -1.09K -11.12% $0.00 8.69K Sep 12, 2023 Common Stock 1.09K $80.19 Direct F2, F3
transaction VRSK Stock Option Options Exercise $0 -1.21K -11.1% $0.00 9.68K Sep 12, 2023 Common Stock 1.21K $81.14 Direct F2, F3
* 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 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.
F2 Stock Options outstanding under the Issuer's 2013 Equity Incentive Plan.
F3 Immediately.