ProAssurance approves early bonus payouts to NEOs to mitigate Section 280G impact

PROASSURANCE CORP

Compensation Committee approved early payments of ~80% of 2025 annual cash incentive awards to NEOs.
CEO Edward L. Rand, Jr. receives $998,400; CFO Dana S. Hendricks receives $369,873.
Other NEOs: Jeffrey P. Lisenby $381,998, Kevin M. Shook $348,098, Robert D. Francis $450,000.
Payments aim to mitigate potential 'excess parachute payments' under IRC Section 280G in connection with pending merger with The Doctors Company.

item 5.02

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