ProAssurance (PRA) Insider David Sells $780K of Stock

Francis Robert David Sells Shares of ProAssurance Corporation

Francis Robert David, who serves as president of healthcare professional liability at ProAssurance Corporation (NYSE: PRA), disposed of 31,196 shares on June 26, 2026. The transaction was executed at a price of $25.00 per share, bringing the total value of the stock sale to approximately $779,900. Insiders regularly buy and sell shares for personal financial planning reasons, and these sales do not carry any inherent signal about future corporate direction.

Stock Valuation and Price Context

The timing of the transaction places it right at the upper edge of the company's recent trading band. ProAssurance shares change hands at $25.00, sitting just below the 52-week high mark of $25.02 and well above the 52-week low of $22.80. The company carries a market capitalization of $1.29 billion and a price-to-earnings ratio of 19.84. Investors will watch how these valuation metrics hold up when the property and casualty insurer issues its next financial results.

A Wave of Recent Insider Activity

The sale by Francis Robert David joins a busy calendar of insider transactions executed on June 26, 2026, across the Birmingham-based insurance firm. Staci Pierce parted with 10,621 shares at $25.00 each, securing a total value of $265,525. Richard Bielen matched that exact volume, also offloading 10,621 shares at $25.00 per share for $265,525. Meanwhile, Di Piazza Samuel JR. transacted 44,952 shares at the same $25.00 price point, totaling $1.12 million.

Additional executive selling on the same date included subsidiary president Kevin Merrick Shook, who parted with 53,237 shares valued at $1.33 million. Fabiloa Cobarrubias disposed of 25,184 shares worth $629,600, while Frei Maye Head sold 31,298 shares for a total of $782,450. All of these transactions cleared at the uniform price of $25.00 per share.

What ProAssurance Corporation Does

ProAssurance Corporation operates through subsidiaries to deliver property and casualty insurance along with reinsurance products across the United States. The enterprise focuses primarily on professional liability coverage for healthcare institutions, individual medical providers, attorneys, and law firms. It also provides specialized workers' compensation insurance policies and custom risk solutions through independent brokers and internal development teams.

Looking Ahead to August Earnings

Market participants are turning their attention toward the company's next earnings report, which is currently scheduled for August 4, 2026. That upcoming disclosure will provide a fresh look at revenue growth, net margins, and underwriting performance for the insurance provider. Additional Form 4 filings from the Securities and Exchange Commission will reveal whether other executives continue adjusting their equity holdings in the interim.