Arch Capital officer gets options, withholds shares for tax
ARCH CAPITAL GROUP LTD. officer of subsidiary Louis T. Petrillo reported multiple equity transactions.
Rhea-AI Filing Summary
ARCH CAPITAL GROUP LTD. officer of subsidiary Louis T. Petrillo reported multiple equity transactions. On March 3, 2026, he acquired 2,889 Common Shares, $.0011 par value per share, as a grant/award, bringing his directly held common shares to 159,520.
On the same date he received a grant of 10,331 Stock Options (Right to Buy), with 10,331 options outstanding after the grant. According to a footnote, this stock option becomes exercisable in three equal annual installments beginning March 3, 2027, with the next two installments on March 3, 2028 and March 3, 2029, subject to the applicable award agreement.
On March 4, 2026, 8,030 Common Shares were disposed of in a tax-withholding disposition at a price of $98.4200 per share, reducing his directly held common shares to 151,490. Separately, 100 Common Shares are reported as held indirectly "By Household" by his step sons, who share his household.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Shares, $.0011 par value per share | 8,030 | $98.42 | $790K |
| Grant/Award | Stock Option (Right to Buy) | 10,331 | $0.00 | $0.00 |
| Grant/Award | Common Shares, $.0011 par value per share | 2,889 | $0.00 | $0.00 |
| holding | Common Shares, $.0011 par value per share | -- | -- | -- |
Footnotes (2)
- F1. These shares are owned by the reporting person's step sons, who share the reporting person's household.
- F2. This stock option is exercisable in three equal annual installments commencing March 3, 2027, and the next two installments on March 3, 2028 and March 3, 2029, subject to the applicable award agreement.
FAQ
What insider transactions did ACGL officer Louis T. Petrillo report?
What stock option grant did ACGL’s Louis T. Petrillo receive in this Form 4?
When do Louis T. Petrillo’s newly granted ACGL stock options become exercisable?
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