W. R. Berkley (BSAA) files Schedule 13G/A showing 7.3% stake in BEST SPAC I
Rhea-AI Filing Summary
W. R. Berkley Corporation amended its Schedule 13G to report beneficial ownership of 437,808 shares of BEST SPAC I Acquisition Corp. Class A ordinary shares, representing 7.3% of the class as of 03/31/2026. The filing names Berkley Insurance Company as the acquiring subsidiary and is signed by Richard M. Baio on 05/07/2026.
Positive
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Negative
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Key Figures
Shares beneficially owned: 437,808 shares
Percent of class: 7.3%
CUSIP: G1069P103
+3 more
6 metrics
Shares beneficially owned
437,808 shares
Class A ordinary shares, as of 03/31/2026
Percent of class
7.3%
Percent of BEST SPAC I Class A ordinary shares
CUSIP
G1069P103
Identifier for BEST SPAC I Class A ordinary shares
Filing signature date
05/07/2026
Signed by Richard M. Baio, EVP and CFO/Treasurer
Shared voting power
437,808 shares
Shared power to vote or to direct the vote
Shared dispositive power
437,808 shares
Shared power to dispose or to direct disposition
Key Terms
Schedule 13G/A, beneficially owned, shared dispositive power, CUSIP
4 terms
Schedule 13G/A regulatory
"Amendment No. 1 BEST SPAC I Acquisition Corp."
A Schedule 13G/A is an amended public filing with the U.S. securities regulator that updates a previous Schedule 13G, disclosing when an individual or group holds a substantial (typically over 5%) stake in a company and is claiming a passive, non‑controlling intent. Investors monitor these updates because rising or falling holdings can signal changing confidence, potential future moves, or shifts in voting power — like watching a public ledger where large shareholders quietly adjust their positions.
beneficially owned financial
"Amount beneficially owned: 437,808"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
CUSIP technical
"CUSIP No.: G1069P103"
A CUSIP is a nine-character alphanumeric code that uniquely identifies a U.S. or Canadian financial security—such as a stock, bond, or fund share—like a Social Security number for an investment. It matters to investors because brokers, exchanges and record-keepers use the CUSIP to match trades, track ownership, settle transactions and pull accurate records, reducing errors and ensuring money and securities go to the right place.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What stake does W. R. Berkley (BSAA) report in BEST SPAC I?
W. R. Berkley reports 437,808 shares, equal to 7.3% of BEST SPAC I Class A ordinary shares. The Schedule 13G/A lists the position with CUSIP G1069P103 and an ownership date of 03/31/2026.
When was the Schedule 13G/A for BSAA signed and filed?
The amendment is signed by Richard M. Baio on 05/07/2026. The ownership figure is reported as of 03/31/2026, and the cover references CUSIP G1069P103 for the Class A ordinary shares.
What voting and disposition powers are reported for the 7.3% stake?
W. R. Berkley reports 0 sole voting/dispositive power and 437,808 shared voting and dispositive powers. The Schedule 13G/A shows the position is exercised jointly or shared rather than held with sole authority.