Verisk Analytics DEF 14A: Executive Compensation Details

Ticker: VRSK · Form: DEF 14A · Filed: 2024-04-05T00:00:00.000Z

Sentiment: neutral

Topics: proxy-statement, executive-compensation, governance

Related Tickers: VRSK

TL;DR

Verisk's 2023 proxy statement is out, detailing exec pay and stock awards for folks like Lee Shavel.

AI Summary

Verisk Analytics, Inc. filed its DEF 14A on April 5, 2024, for the fiscal year ending December 31, 2023. The filing details executive compensation, including that of Lee M. Shavel, a member of the board. Specific adjustments related to stock awards, options, and changes in fair value of equity grants are outlined for both executive and non-executive personnel.

Why It Matters

This filing provides transparency into how Verisk Analytics compensates its top executives, which can influence investor perception and corporate governance.

Risk Assessment

Risk Level: low — This is a standard DEF 14A filing detailing executive compensation and corporate governance matters, not indicating new financial risks.

Key Numbers

2023 — Fiscal Year (The period covered by the compensation details in this filing.)
20240405 — Filing Date (The date Verisk Analytics submitted this DEF 14A to the SEC.)

Key Players & Entities

Verisk Analytics, Inc. (company) — Filer of the DEF 14A
Lee M. Shavel (person) — Executive/Board Member mentioned in compensation details
20240405 (date) — Filing date of the DEF 14A
2023-12-31 (date) — Fiscal year end for compensation reporting

FAQ

What is the primary purpose of a DEF 14A filing?

A DEF 14A filing, also known as a Proxy Statement, is used to solicit shareholder votes on important corporate matters, such as the election of directors and executive compensation.

Who is Lee M. Shavel and what is his role at Verisk Analytics?

Lee M. Shavel is identified as a Member within Verisk Analytics and his compensation details, including adjustments for stock awards and equity grants, are specifically itemized in the filing for the 2023 fiscal year.

What specific types of compensation adjustments are detailed for executives?

The filing details adjustments such as 'DeductionForSctstockAwardsColumnValueMember', 'DeductionForSctoptionAwardsColumnValueMember', and adjustments related to the change in fair value of both vested and unvested equity grants.

What is the fiscal year end for Verisk Analytics?

Verisk Analytics' fiscal year ends on December 31st, as indicated by the reporting periods like 2023-12-31.

What is the SIC code for Verisk Analytics?

The Standard Industrial Classification (SIC) code for Verisk Analytics is 7374, which corresponds to SERVICES-COMPUTER PROCESSING & DATA PREPARATION.

From the Filing

0001193125-24-087955.txt : 20240405 0001193125-24-087955.hdr.sgml : 20240405 20240405082540 ACCESSION NUMBER: 0001193125-24-087955 CONFORMED SUBMISSION TYPE: DEF 14A PUBLIC DOCUMENT COUNT: 74 CONFORMED PERIOD OF REPORT: 20240515 FILED AS OF DATE: 20240405 DATE AS OF CHANGE: 20240405 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Verisk Analytics, Inc. CENTRAL INDEX KEY: 0001442145 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER PROCESSING & DATA PREPARATION [7374] ORGANIZATION NAME: 06 Technology IRS NUMBER: 262994223 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: DEF 14A SEC ACT: 1934 Act SEC FILE NUMBER: 001-34480 FILM NUMBER: 24824818 BUSINESS ADDRESS: STREET 1: 545 WASHINGTON BOULEVARD CITY: JERSEY CITY STATE: NJ ZIP: 07310-1686 BUSINESS PHONE: 201-469-2000 MAIL ADDRESS: STREET 1: 545 WASHINGTON BOULEVARD CITY: JERSEY CITY STATE: NJ ZIP: 07310-1686 DEF 14A 1 d653310ddef14a.htm DEF 14A DEF 14A Table of Contents DEF 14A false 0001442145 0001442145 2023-01-01 2023-12-31 0001442145 2022-01-01 2022-12-31 0001442145 2021-01-01 2021-12-31 0001442145 2020-01-01 2020-12-31 0001442145 vrsk:LeeM.ShavelMember 2023-01-01 2023-12-31 0001442145 vrsk:DeductionForSctstockAwardsColumnValueMember ecd:NonPeoNeoMember 2023-01-01 2023-12-31 0001442145 vrsk:DeductionForSctoptionAwardsColumnValueMember ecd:NonPeoNeoMember 2023-01-01 2023-12-31 0001442145 vrsk:TotalAdjustmentsMember ecd:PeoMember vrsk:LeeM.ShavelMember 2023-01-01 2023-12-31 0001442145 vrsk:IncreaseBasedOnValueOfDividendsNotOtherwiseReflectedInFairValueOrTotalCompensationMember ecd:PeoMember vrsk:LeeM.ShavelMember 2023-01-01 2023-12-31 0001442145 vrsk:IncreaseDeductionForChangeInFairValueOfVestedEquityGrantedInPriorYearsMember ecd:PeoMember vrsk:LeeM.ShavelMember 2023-01-01 2023-12-31 0001442145 vrsk:IncreaseDeductionForChangeInFairValueOfUnvestedEquityGrantedInPriorYearsMember ecd:PeoMember vrsk:LeeM.ShavelMember 2023-01-01 2023-12-31 0001442145 vrsk:IncreaseForVestingDateFairValueOfEquityGrantedAndVestedDuringTheYearMember ecd:PeoMember vrsk:LeeM.ShavelMember 2023-01-01 2023-12-31 0001442145 vrsk:IncreaseForYearEndFairValueOfUnvestedEquityGrantedDuringTheYearMember ecd:PeoMember vrsk:LeeM.ShavelMember 2023-01-01 2023-12-31 0001442145 vrsk:IncreaseForServiceCostAndPriorServiceCostForPensionPlansMember ecd:PeoMember vrsk:LeeM.ShavelMember 2023-01-01 2023-12-31 0001442145 vrsk:TotalDeductionsFromSctMember ecd:PeoMember vrsk:LeeM.ShavelMember 2023-01-01 2023-12-31 0001442145 vrsk:DeductionForSctchangeInPensionValueAndNonqualifiedDeferredCompensationEarningsColumnValueMember ecd:PeoMember vrsk:LeeM.ShavelMember 2023-01-01 2023-12-31 0001442145 vrsk:DeductionForSctstockAwardsColumnValueMember ecd:PeoMember vrsk:LeeM.ShavelMember 2023-01-01 2023-12-31 0001442145 vrsk:DeductionForSctoptionAwardsColumnValueMember ecd:PeoMember vrsk:LeeM.ShavelMember 2023-01-01 2023-12-31 0001442145 vrsk:IncreaseBasedOnValueOfDividendsNotOtherwiseReflectedInFairValueOrTotalCompensationMember ecd:NonPeoNeoMember 2023-01-01 2023-12-31 0001442145 vrsk:TotalAdjustmentsMember ecd:NonPeoNeoMember 2023-01-01 2023-12-31 0001442145 vrsk:IncreaseDeductionForChangeInFairValueOfVestedEquityGrantedInPriorYearsMember ecd:NonPeoNeoMember 2023-01-01 2023-12-31 0001442145 vrsk:IncreaseDeductionForChangeInFairValueOfUnvestedEquityGrantedInPriorYearsMember ecd:NonPeoNeoMember 2023-01-01 2023-12-31 0001442145 vrsk:IncreaseForVestingDateFairValueOfEquityGrantedAndVestedDuringTheYearMember ecd:NonPeoNeoMember 2023-01-01 2023-12-31 0001442145 vrsk:IncreaseForYearEndFairValueOfUnvestedEquityGrantedDuringTheYearMember ecd:NonPeoNeoMember 2023-01-01 2023-12-31 0001442145 vrsk:TotalDeductionsFromSctMember ecd:NonPeoNeoMember 2023-01-01 2023-12-31 0001442145 vrsk:IncreaseForServiceCostAndPriorServiceCostForPensionPlansMember ecd:NonPeoNeoMember 2023-01-01 2023-12-31 0001442145 vrsk:DeductionForSctchangeInPensionValueAndNonqualifiedDeferredCompensationEarningsColumnValueMember ecd:NonPeoNeoMember 2023-0