Arch Capital director granted restricted shares
Houston Daniel Joseph reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Houston Daniel Joseph reported acquisition or exercise transactions in this Form 4 filing.
ARCH CAPITAL GROUP LTD. director Daniel Joseph Houston reported two equity awards of common shares. He received grants of 1,327 and 2,071 restricted common shares at no cash cost as part of his annual retainer for serving as a director.
Under the restricted share agreement, these awards vest on the earlier of one year after the grant date or the company’s next Annual General Meeting of Shareholders. Following these awards, the filing shows updated direct common share holdings of 13,313 and 11,986 shares in the two reported positions.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Shares, $.0011 par value per share | 2,071 | $0.00 | $0.00 |
| Grant/Award | Common Shares, $.0011 par value per share | 1,327 | $0.00 | $0.00 |
Footnotes (2)
- F1. Subject to the terms of the restricted share agreement, represents restricted shares that will become vested on the date that is the earlier of 1) one year following the grant date or 2) Arch Capital Group Ltd.'s next Annual General Meeting of Shareholders.
- F2. Represents shares granted as part of the director-elected annual retainer for serving as a director of the Issuer.
Key Figures
Key Terms
annual retainer financial
vested financial
FAQ
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