Fidelis Insurance (NYSE: FIHL) CRO discloses 154,461-share stake
Rhea-AI Filing Summary
Fidelis Insurance Holdings Ltd Chief Risk Officer Michael Justin Pearson filed an initial ownership report on Form 3. He reports beneficial ownership of 154,461 common shares of the company. This total includes 40,996 restricted share units that vest over time, each convertible into one common share upon vesting.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Pearson Michael Justin
Role
Chief Risk Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Common Shares | -- | -- | -- |
Holdings After Transaction:
Common Shares — 154,461 shares (Direct)
Footnotes (1)
- F1. Includes 40,996 restricted share units ("RSUs") subject to time-based vesting conditions. Each RSU represents a contingent right to receive one common share upon vesting.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What does the FIHL Form 3 filing by Michael Justin Pearson show?
The Form 3 shows Chief Risk Officer Michael Justin Pearson’s initial ownership in Fidelis Insurance Holdings Ltd, reporting 154,461 common shares, including 40,996 restricted share units that convert into common shares when their time-based vesting conditions are met.
What are the 40,996 RSUs disclosed in the FIHL Form 3 filing?
The 40,996 RSUs are restricted share units subject to time-based vesting conditions. Each RSU represents a contingent right to receive one Fidelis Insurance common share, meaning Pearson’s actual share count will increase as these units vest over time.
Does the FIHL Form 3 filing show any recent insider buying or selling?
The Form 3 filing does not report any specific buy or sell transactions. Instead, it records Michael Justin Pearson’s existing holdings in Fidelis Insurance, providing a baseline view of his ownership as Chief Risk Officer, including vested shares and time-based RSUs.
Why is Michael Justin Pearson’s Form 3 important for FIHL investors?
The Form 3 establishes Michael Justin Pearson’s starting equity position in Fidelis Insurance. It confirms that a senior executive holds 154,461 common shares, including a substantial RSU component, which helps investors understand how his compensation and incentives are linked to company performance.