STOCK TITAN

Badly Bent LLC tied to ARX (ARX) CEO sells 80,000 shares under 10b5-1 plan

Filing Impact
(Very High)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Accelerant Holdings director and CEO Jeffrey L. Radke reported an indirect sale of Class A Common Shares through an affiliated LLC. On July 6, 2026, entity Badly Bent LLC sold 80,000 shares at a weighted average price of $13.3278 per share under a pre-arranged Rule 10b5-1 trading plan adopted on March 24, 2026. The filing notes these shares were sold in multiple trades between $13.18 and $13.69 per share. Following the transactions, Badly Bent LLC held 28,021,939 shares, while Radke also had 333,652 shares held directly and 249,951 shares held in a trust for his spouse, over which he disclaims beneficial ownership except for his pecuniary interest.

Positive

  • None.

Negative

  • None.

Insights

Routine pre-planned sale via LLC with large remaining position.

The filing shows an affiliated entity, Badly Bent LLC, sold 80,000 Class A Common Shares at a weighted average of $13.3278 on July 6, 2026. The transaction is coded as an open-market sale and executed under a Rule 10b5-1 trading plan adopted on March 24, 2026, indicating it was pre-scheduled rather than opportunistic.

After the sale, Badly Bent LLC still held 28,021,939 shares, while the reporting person also had 333,652 shares directly and 249,951 shares in a spouse’s trust. This suggests the disposed amount is small relative to the visible overall holdings. The 10b5-1 plan and remaining stake point to a routine liquidity event rather than a directional signal, based solely on this filing.

Insider RADKE JEFFREY L
Role Co-Founder, CEO
Sold 80,000 shs ($1.07M)
Type Security Shares Price Value
Sale Class A Common Shares 80,000 $13.3278 $1.07M
holding Class A Common Shares -- -- --
holding Class A Common Shares -- -- --
Holdings After Transaction: Class A Common Shares — 28,021,939 shares (Indirect, By LLC); Class A Common Shares — 333,652 shares (Direct, null)
Footnotes (1)
  1. The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 24, 2026. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $13.18 to $13.69, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price. These securities are held directly by Badly Bent LLC. The Reporting Person is the manager of the sole member of Badly Bent LLC. The Reporting Person disclaims beneficial ownership over these securities, except to the extent of his pecuniary interest therein. These securities are held in trust for the benefit of the Reporting Person's spouse, who is the trustee of the trust. The Reporting Person disclaims beneficial ownership over these securities, except to the extent of his pecuniary interest therein.
Shares sold 80,000 shares Class A Common Shares sold on July 6, 2026
Weighted average sale price $13.3278 per share Open-market or private sale transactions
Sale price range $13.18–$13.69 per share Multiple transactions within reported range
Post-sale LLC holdings 28,021,939 shares Class A Common Shares held by Badly Bent LLC after sale
Direct holdings 333,652 shares Class A Common Shares held directly by reporting person
Spouse trust holdings 249,951 shares Shares held in trust for reporting person’s spouse
Rule 10b5-1 trading plan regulatory
"The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
weighted average price financial
"The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions"
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
beneficial ownership financial
"The Reporting Person disclaims beneficial ownership over these securities, except to the extent of his pecuniary interest therein"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
pecuniary interest financial
"disclaims beneficial ownership over these securities, except to the extent of his pecuniary interest therein"
trustee financial
"These securities are held in trust for the benefit of the Reporting Person's spouse, who is the trustee of the trust"
A trustee is a person or institution legally appointed to hold and manage assets or enforce an agreement on behalf of other people (beneficiaries). Think of a trustee as a neutral referee or custodian who must act in the beneficiaries’ best interests, follow the trust or contract rules, and handle distributions, recordkeeping and enforcement. Investors care because a trustworthy trustee protects their rights, ensures promised payments or remedies are delivered, and can influence recoveries if things go wrong.
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FAQ

What insider transaction did Accelerant Holdings (ARX) report for Jeffrey L. Radke?

Accelerant Holdings reported that an affiliated entity, Badly Bent LLC, sold 80,000 Class A Common Shares on July 6, 2026. The weighted average sale price was $13.3278 per share, executed as open-market transactions under a Rule 10b5-1 trading plan.

Was the ARX insider share sale by Badly Bent LLC pre-planned under Rule 10b5-1?

Yes. The filing states the sales were effected under a Rule 10b5-1 trading plan adopted on March 24, 2026. Such plans schedule trades in advance, indicating the timing was predetermined rather than based on contemporaneous market conditions.

At what prices were the 80,000 ARX shares sold in this Form 4 filing?

The Form 4 reports a weighted average sale price of $13.3278 per share. It notes that individual trades occurred in multiple transactions at prices ranging from $13.18 to $13.69 per share, all classified as open-market or private sales.

How many Accelerant Holdings shares remain held by Badly Bent LLC after the sale?

After selling 80,000 shares, Badly Bent LLC held 28,021,939 Class A Common Shares. The reporting person is manager of the LLC’s sole member and disclaims beneficial ownership except to the extent of his pecuniary interest in these securities.

What direct and trust holdings of ARX shares are reported for Jeffrey L. Radke?

The filing shows 333,652 Class A Common Shares held directly by Jeffrey L. Radke. It also reports 249,951 shares held in a trust for his spouse, where the spouse is trustee; Radke disclaims beneficial ownership except for his pecuniary interest.

How many insider sell transactions are included in this ARX Form 4?

The transaction summary shows one sell transaction totaling 80,000 shares. Two additional entries are labeled as holding records, reflecting direct and trust positions, rather than new buy or sell transactions in this particular report.
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
X
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
RADKE JEFFREY L

(Last)(First)(Middle)
UNIT 106, WINDWARD 3
REGATTA OFFICE PARK, WEST BAY ROAD

(Street)
GRAND CAYMANKY1-1108

(City)(State)(Zip)

CAYMAN ISLANDS

(Country)
2. Issuer Name and Ticker or Trading Symbol
Accelerant Holdings [ ARX ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirectorX10% Owner
XOfficer (give title below)Other (specify below)
Co-Founder, CEO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
07/06/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction 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)
CodeVAmount(A) or (D)Price
Class A Common Shares07/06/2026S80,000(1)D$13.3278(2)28,021,939IBy LLC(3)
Class A Common Shares249,951IBy Trust(4)
Class A Common Shares333,652D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction 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 (Month/Day/Year)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: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 24, 2026.
2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $13.18 to $13.69, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price.
3. These securities are held directly by Badly Bent LLC. The Reporting Person is the manager of the sole member of Badly Bent LLC. The Reporting Person disclaims beneficial ownership over these securities, except to the extent of his pecuniary interest therein.
4. These securities are held in trust for the benefit of the Reporting Person's spouse, who is the trustee of the trust. The Reporting Person disclaims beneficial ownership over these securities, except to the extent of his pecuniary interest therein.
Remarks:
/s/ Robert L. Villasenor, attorney-in-fact for Jeffrey L Radke07/06/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)