Statement of Changes in Beneficial Ownership (4)

FORM 4

[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940

1. Name and Address of Reporting Person * SHAPIRO NATHAN	2. Issuer Name and Ticker or Trading Symbol Protective Insurance Corp [ PTVCA/B ]	5. Relationship of Reporting Person(s) to Issuer (Check all applicable) __X__ Director                    __X__ 10% Owner _____ Officer (give title below)    _____ Other (specify below)
(Last)          (First)          (Middle) 111 CONGRESSIONAL BLVD, STE 500	3. Date of Earliest Transaction (MM/DD/YYYY) 5/25/2021
(Street) CARMEL, IN 46032 (City)        (State)        (Zip)	4. If Amendment, Date Original Filed (MM/DD/YYYY)	6. Individual or Joint/Group Filing (Check Applicable Line) _X _ Form filed by One Reporting Person ___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security (Instr. 3)	2. Trans. Date	2A. Deemed Execution Date, if any	3. Trans. Code (Instr. 8)		4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock								217921	I	Various (1)
Class A Common Stock								423951	I	Various (2)
Class B Common Stock								4222	D
Class B Common Stock								468750	I	Various (1)
Class B Common Stock	5/25/2021		G	V	6055	D	(3)	803997	I	Various (2)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Trans. Date	3A. Deemed Execution Date, if any	4. Trans. Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:
(1)	Owned by NS (Florida) Associates Inc. (173,062 shares of Class A and 453,750 shares of Class B), and New Horizon (Florida) Enterprises Inc. (44,859 shares of Class A and 15,000 shares of Class B).
(2)	Owned by the Shapiro Family Investment Partnership - Nathan Share (128,410 shares of Class A and 462,640 shares of Class B), the Nathan Shapiro Revocable Trust dated 10/7/1987 (274,166 shares of Class A and 255,857 shares of Class B), and Illinois Diversified Company, LLC (21,375 shares of Class A and 85,500 shares of Class B). Beneficial ownership is shared by the undersigned and other family members for all shares owned by these entities.
(3)	No price was entered as the transaction is a bona fide gift and is exempt under Section 16(b).

Reporting Owners
Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
SHAPIRO NATHAN 111 CONGRESSIONAL BLVD STE 500 CARMEL, IN 46032	X	X

Signatures
John R. Barnett on behalf of Nathan Shapiro		5/27/2021
**Signature of Reporting Person		Date