Ategrity (ASIC) Insider Purchases: Zimmer Increases Stake
Rhea-AI Filing Summary
Stuart J. Zimmer and Zimmer Financial Services Group LLC reported purchases of Ategrity Specialty Insurance Co Holdings (ASIC) common stock. Transactions include 6,130 shares acquired on 09/29/2025 at a weighted-average price of $19.3741 and 5,000 shares acquired on 09/30/2025 at a weighted-average price of $19.4651. Following the 09/29 purchases, beneficial ownership reported was 38,533,541 shares (indirect); after the 09/30 purchases it rose to 38,538,541 shares (indirect). The filing notes an additional 253,330 shares held indirectly by trusts and clarifies that Zimmer is the sole managing member of Zimmer Financial Services Group LLC, which holds shares of record.
Positive
- Insider purchases disclosed on 09/29/2025 and 09/30/2025 showing active acquisition of ASIC shares
- Clear reporting of beneficial ownership, with post-transaction totals of 38,533,541 and 38,538,541 shares (indirect)
- Disclosure of ownership structure clarifying Zimmer is sole managing member of Zimmer Financial Services Group LLC
Negative
- None.
Insights
TL;DR: Insider purchases by a director and 10% owner indicate continued ownership alignment, disclosed per Section 16 reporting rules.
The Form 4 shows routine open-market purchases by Stuart J. Zimmer and Zimmer Financial Services Group LLC on consecutive days at prices in the $19.07–$19.50 range, using weighted-average pricing footnotes. Reported beneficial ownership after the transactions is substantial, exceeding 38.5 million shares held indirectly, with an additional 253,330 shares via trusts. The filing properly discloses the relationship between Zimmer and the holding LLC, and is signed by an attorney-in-fact, meeting execution formalities.
TL;DR: Small incremental insider purchases were disclosed; they are notable but not necessarily material on their own.
The transactions comprise modest share additions (6,130 and 5,000 shares) executed across multiple trades at disclosed weighted-average prices. The filing provides transaction detail and ownership totals, showing large existing indirect holdings through Zimmer Financial Services Group LLC. While insider buying can be a positive signal, the disclosed purchase sizes are small relative to the reported total holdings and the filing contains no additional corporate financial information.