Pelagos exec has shares withheld for RSU taxes

Pelagos Insurance Capital Ltd reported that Group Managing Director Jonathan Strickle had 2,881 Common Shares withheld on tax-withholding disposition at $21.58 per share.

Rhea-AI Filing Summary

Pelagos Insurance Capital Ltd reported that Group Managing Director Jonathan Strickle had 2,881 Common Shares withheld on tax-withholding disposition at $21.58 per share. These shares were retained by the company to cover his tax obligation from the vesting of previously granted Restricted Stock Units. Following this routine, non-market transaction, he directly holds 137,305 Common Shares, including 116,906 RSUs subject to time-based vesting, each RSU representing a right to receive one common share upon vesting.

Insider Trade Summary

Exercise Price or Tax Liability: 2,881 shares

Exercise Price or Tax Liability 1 txn

Insider Strickle Jonathan

Role Group Managing Director

Type	Security	Shares	Price	Value
Exercise Price or Tax Liability	Common Shares	2,881	$21.58	$62K

Holdings After Transaction: Common Shares — 137,305 shares (Direct)

Footnotes (2)

1. F1. Represents common shares withheld by the Issuer to satisfy the Reporting Person's tax withholding obligation in connection with the vesting of certain Restricted Stock Units ("RSUs") previously granted to the Reporting Person.
2. F2. Includes 116,906 RSUs subject to time-based vesting conditions. Each RSU represents a contingent right to receive one common share upon vesting.

Key Figures

Shares withheld for taxes: 2,881 shares Withholding reference price: $21.58 per share Shares held after transaction: 137,305 shares +1 more

4 metrics

Shares withheld for taxes 2,881 shares Common Shares withheld to satisfy tax obligation on RSU vesting

Withholding reference price $21.58 per share Value used for tax-withholding disposition of Common Shares

Shares held after transaction 137,305 shares Direct Common Share holdings following tax-withholding transaction

Unvested RSUs outstanding 116,906 RSUs RSUs subject to time-based vesting, each for one common share

Key Terms

Restricted Stock Units ("RSUs"), tax withholding obligation, time-based vesting conditions

3 terms

Restricted Stock Units ("RSUs") financial

"vesting of certain Restricted Stock Units ("RSUs") previously granted to the Reporting Person"

Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.

tax withholding obligation financial

"withheld by the Issuer to satisfy the Reporting Person's tax withholding obligation in connection with the vesting"

time-based vesting conditions financial

"Includes 116,906 RSUs subject to time-based vesting conditions."

FAQ

What insider transaction did Pelagos Insurance Capital (PLGO) report for Jonathan Strickle?

Pelagos reported a tax-withholding disposition for Jonathan Strickle. The company withheld 2,881 Common Shares to satisfy his tax obligation related to vesting Restricted Stock Units, rather than an open-market sale or purchase of shares.

How many Pelagos (PLGO) shares were withheld for Jonathan Strickle’s taxes?

A total of 2,881 Common Shares were withheld. These shares were taken by the company to cover Jonathan Strickle’s tax withholding obligation arising from the vesting of certain Restricted Stock Units previously granted to him.

What share price was used for Jonathan Strickle’s Pelagos (PLGO) tax-withholding transaction?

The tax-withholding disposition was recorded at a price of $21.58 per Common Share. This price is used solely to value the shares withheld for tax purposes, not to indicate an open-market trade by the executive.

How many Pelagos (PLGO) shares does Jonathan Strickle hold after this Form 4 transaction?

After the tax-withholding transaction, Jonathan Strickle directly holds 137,305 Common Shares. This figure includes his overall direct equity position following the share withholding to cover tax obligations on vested Restricted Stock Units.

How many Restricted Stock Units (RSUs) does Jonathan Strickle have at Pelagos (PLGO)?

Jonathan Strickle holds 116,906 RSUs subject to time-based vesting conditions. Each Restricted Stock Unit represents a contingent right to receive one Pelagos common share, which is delivered only if the specific vesting requirements are satisfied over time.

Was Jonathan Strickle’s Pelagos (PLGO) Form 4 transaction an open-market sale?

No, the filing shows a tax-withholding disposition, not an open-market sale. The 2,881 withheld shares were retained by the company solely to satisfy his tax liability from the vesting of earlier granted Restricted Stock Units.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 06/03/2026 - 11:13 AM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED 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).

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^*

Strickle Jonathan

(Last) (First) (Middle)

WELLESLEY HOUSE SOUTH

90 PITTS BAY ROAD

(Street)

PEMBROKE HM08

(City) (State) (Zip)

BERMUDA

(Country)

2. Issuer Name and Ticker or Trading Symbol
Pelagos Insurance Capital Ltd [ PLGO ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Group Managing Director

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/03/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Common Shares	06/03/2026		F		2,881(1)	D	$21.58	137,305(2)	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents common shares withheld by the Issuer to satisfy the Reporting Person's tax withholding obligation in connection with the vesting of certain Restricted Stock Units ("RSUs") previously granted to the Reporting Person.

2. Includes 116,906 RSUs subject to time-based vesting conditions. Each RSU represents a contingent right to receive one common share upon vesting.

Remarks:

	/s/ Ida A. Nizankowska-Polus, Attorney-in-Fact	06/03/2026
	** Signature of Reporting Person	Date
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)