Arch Capital Group (ACGL) director sells 3,000 Series F depositary shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ARCH CAPITAL GROUP LTD. director Brian S. Posner reported an open-market sale of 3,000 Depositary Shares, Series F, at a weighted average price of $19.66 per share. Each Depositary Share represents a 1/1,000th interest in a Series F Non-Cumulative Preferred Share, and this sale reduced his reported holdings of these Depositary Shares to zero.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 3,000 shares ($58,980)
Net Sell
1 txn
Insider
Posner Brian S
Role
null
Sold
3,000 shs ($59K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Depositary Shares, Series F | 3,000 | $19.66 | $59K |
Holdings After Transaction:
Depositary Shares, Series F — 0 shares (Direct, null)
Footnotes (1)
- Each Depositary Share Represents 1/1,000th interest in a Series F Non-Cumulative Preferred Share. The price reported is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $19.57 to $19.80. Upon request, the full information regarding the number of shares sold at each separate price within the range will be provided to the issuer, any security holder of the issuer or the staff of the Securities Exchange Commission.
Key Figures
Depositary Shares sold: 3,000 shares
Weighted average sale price: $19.66 per share
Price range of trades: $19.57–$19.80 per share
+2 more
5 metrics
Depositary Shares sold
3,000 shares
Depositary Shares, Series F, sold in open market
Weighted average sale price
$19.66 per share
Open-market sale of Depositary Shares, Series F
Price range of trades
$19.57–$19.80 per share
Range of individual sale transactions for Depositary Shares
Holdings after transaction
0 Depositary Shares, Series F
Direct ownership reported following sale
Preferred share interest per Depositary Share
1/1,000th of a Series F Preferred Share
Each Depositary Share’s interest in Non-Cumulative Preferred Share
Key Terms
Depositary Shares, Series F, Non-Cumulative Preferred Share, weighted average sale price, open-market sale
4 terms
weighted average sale price financial
"The price reported is a weighted average sale price."
open-market sale financial
"transaction_action: "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
FAQ
What insider transaction did ARCH CAPITAL GROUP LTD. (ACGL) disclose on this Form 4?
ARCH CAPITAL GROUP LTD. disclosed that director Brian S. Posner sold 3,000 Depositary Shares, Series F, in an open-market transaction at a weighted average price of $19.66 per share, fully exiting his reported position in these Depositary Shares.
What security did Brian S. Posner sell in ARCH CAPITAL GROUP LTD. (ACGL)?
Brian S. Posner sold Depositary Shares, Series F, of ARCH CAPITAL GROUP LTD. Each Depositary Share represents a 1/1,000th interest in a Series F Non-Cumulative Preferred Share, meaning the transaction involved preferred-share-linked securities rather than common stock.
What does the price range in the ARCH CAPITAL GROUP LTD. (ACGL) Form 4 footnote mean?
The Form 4 states the reported price is a weighted average, with individual trades executed between $19.57 and $19.80 per Depositary Share. Detailed trade-by-trade pricing information is available on request to the issuer, its security holders, or SEC staff.