Ategrity (ASIC) Director Adds 5,051 Shares; Beneficial Holdings Large
Rhea-AI Filing Summary
Insider purchase reported: A Form 4 shows that Stuart J. Zimmer and Zimmer Financial Services Group LLC acquired additional shares of Ategrity Specialty Insurance Co Holdings (ASIC) on 08/13/2025. Mr. Zimmer is identified as a director and a greater-than-10% owner; ZFSG is also a 10% owner. The filing reports a purchase of 5,051 common shares at a weighted-average price of $19.4864 per share, executed in multiple trades priced between $19.34 and $19.50. After the transaction, beneficial ownership is reported as 38,517,491 shares (indirect) plus 253,330 shares held by trusts.
Positive
- Insider purchase disclosed: Director and >10% owner acquired 5,051 shares at a weighted-average price of $19.4864, showing purchasing activity by a major holder.
Negative
- None.
Insights
TL;DR: Director and 10% owner purchased a small incremental stake at ~$19.49; overall beneficial holdings remain large.
This Form 4 discloses a modest open-market purchase of 5,051 shares at a weighted-average price of $19.4864. The acquisition size is small relative to the reported indirect holding of 38.5 million shares, so the transaction is immaterial to outstanding position sizing but signals continued purchasing activity by a major shareholder. The filing clarifies that some shares are held of record by Zimmer Financial Services Group LLC and additional shares are held via trusts, with Mr. Zimmer as sole managing member of ZFSG.
TL;DR: Director/10% owner disclosed purchase; ownership structure and control are clearly stated.
The disclosure properly identifies the reporting persons and their relationships to the issuer, and includes the weighted-average price range for the multiple trades. Footnotes explain indirect ownership through Zimmer Financial Services Group LLC and trusts, and the filing is signed by an attorney-in-fact. From a governance and disclosure perspective, the Form 4 appears complete and compliant with Section 16 reporting requirements.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 5,051 | $19.4864 | $98K |
| holding | Common Stock | -- | -- | -- |
Footnotes (2)
- F1. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $19.34 to $19.50, 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 purchased at each separate price within the ranges set forth in this footnote.
- F2. Securities held of record by Zimmer Financial Services Group LLC ("ZFSG"). Mr. Zimmer is the sole managing member of ZFSG and therefore may be deemed to share beneficial ownership of the securities held of record by ZFSG.
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