ProAssurance (PRA) President Merrick Sells $1.3M of Stock

Insider Buying and Selling at ProAssurance Corporation

Kevin Shook, the President of a Subsidiary at ProAssurance Corporation (NYSE: PRA), sold 53,237 shares on June 26, 2026, for about $1.33 million. This transaction occurred at a price of $25.00 per share, reflecting his decision to liquidate part of his stake in the company.

A Wave of Insider Selling

Shook's sale is part of a broader trend of insider transactions at ProAssurance on the same day. Other insiders included Staci Pierce and Richard Bielen, who each sold 10,621 shares valued at $265,525, and Di Piazza Samuel JR., who sold 44,952 shares for $1.12 million. Additionally, Francis Robert David sold 31,196 shares worth $779,900, while Fabiloa Cobarrubias sold 25,184 shares for $629,600. The cumulative sales from these transactions totaled approximately $2.65 million.

How PRA Stock Has Traded

ProAssurance shares are currently trading at $25.00, close to their 52-week high of $25.02. This selling activity comes as the stock has shown resilience in the market, hovering near its peak. Investors may watch to see how this insider activity impacts market sentiment.

What PRA Does

ProAssurance Corporation provides property and casualty insurance and reinsurance products primarily in the United States. It operates in several segments, including Specialty Property and Casualty and Workers' Compensation Insurance. This insider selling may reflect individual strategies rather than the overall health of the company.

What's Next for PRA

ProAssurance is set to report its next earnings on August 4, 2026. As with all insider transactions, this sale is a reflection of past holdings and may not indicate current positions. Investors will be looking at the upcoming earnings report for further insights into the company's performance.