ProAssurance (PRA) Insider Cobarrubias Sells $630K of Stock

Fabiloa Cobarrubias Sells Shares of ProAssurance

Fabiloa Cobarrubias sold 25,184 shares of ProAssurance Corporation (NYSE:PRA) on June 26, 2026. The shares were disposed of at an even price of $25.00 each, bringing the total value of the transaction to $629,600. Insider transactions like this provide a window into how executives manage their personal equity portfolios, though selling shares does not automatically signal a bearish outlook on the underlying business.

Stock Price Trades Near Yearly Highs

ProAssurance shares have recently changed hands right around the $25.00 mark, sitting just under the company's 52-week peak of $25.02. The equity has drawn attention as it trades near the top of its yearly range, backed by a price-to-earnings ratio of 19.84 and a forward P/E of 20.0. With a market capitalization standing at $1.29 billion, the property and casualty insurer continues to see steady market activity as investors weigh its ongoing financial performance.

Multiple Executives Trim Holdings on the Same Day

The June 26 transaction occurred alongside a cluster of identical filings from other company leaders. Staci Pierce and Richard Bielen each parted with 10,621 shares at $25.00 apiece, netting $265,525 each. Di Piazza Samuel JR. offloaded 44,952 shares valued at $1.12 million. Subsidiary president Francis Robert David sold 31,196 shares worth $779,900, while Kevin Merrick Shook liquidated 53,237 shares for a total of $1.33 million. Finally, Frei Maye Head sold 31,298 shares valued at $782,450, completing a broad round of executive stock dispositions.

Earnings and Financial Position

ProAssurance operates as an insurance provider focusing on property and casualty lines, professional liability coverage for healthcare providers and attorneys, and workers' compensation solutions. The firm manages operations from its headquarters in Birmingham, Alabama, offering specialized risk products through independent brokers and internal teams. The company's next financial results release is scheduled for August 4, 2026, when management will report updated figures for revenue, net margin, and earnings per share.

What to Watch at ProAssurance Corporation

Market participants will keep an eye on upcoming SEC filings to monitor whether additional executives adjust their share counts or if insider activity slows down following this coordinated round. The company's upcoming earnings report in August will offer a clearer look at profitability and operational segments as the insurer moves through the second half of the year.