STOCK TITAN

W.R. Berkley reports 1.47M shares in LEGATO Merger III (LEGT)

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
SCHEDULE 13G

Rhea-AI Filing Summary

LEGATO MERGER CORP. III reports that W. R. Berkley Corporation beneficially owns 1,466,215 ordinary shares, representing 5.7% of the class. The filing lists shared voting and shared dispositive power over the 1,466,215 shares.

The Schedule 13G identifies Berkley Insurance Company as holding the same 1,466,215 shares and is signed by Richard M. Baio on 05/07/2026.

Positive

  • None.

Negative

  • None.

Insights

W.R. Berkley reports a 5.7% beneficial stake in LEGT.

The Schedule 13G shows 1,466,215 shares beneficially owned with shared voting and dispositive power. This is a passive reporting form typically used when an investor holds a non‑control stake and does not seek to influence governance.

Watch subsequent filings for any change in status or a switch to an active filing form; timing and cash‑flow treatment are not stated in the excerpt.

Shared power indicates ownership via affiliated entities rather than sole control.

The report attributes identical 1,466,215 shares to both W.R. Berkley Corporation and Berkley Insurance Company, listing shared voting/dispositive power. This pattern commonly reflects holdings routed through subsidiaries or pooled accounts.

Any governance implications depend on whether the position is passive; the Schedule 13G classification suggests passive intent in this filing.

Beneficial ownership 1,466,215 shares Amount beneficially owned as reported on the Schedule 13G
Percent of class 5.7% Percent of class corresponding to 1,466,215 shares
CUSIP G5451A103 CUSIP for LEGATO MERGER CORP. III ordinary shares
Signature date 05/07/2026 Filing signed by Richard M. Baio
Schedule 13G regulatory
"Item 1. (a) Name of issuer: LEGATO MERGER CORP. III"
A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.
Beneficially owned financial
"Item 4. (a) Amount beneficially owned: 1,466,215"
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.
Shared dispositive power regulatory
"Item 4. (iv) Shared power to dispose or to direct the disposition of: 1,466,215"
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G5451A103

(CUSIP Number)
03/31/2026

(Date of Event Which Requires Filing of this Statement)


Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)




schemaVersion:


SCHEDULE 13G





SCHEDULE 13G





SCHEDULE 13G



W.R. Berkley Corporation
Signature:/s/ Richard M. Baio
Name/Title:Richard M. Baio/Executive Vice President and Chief Financial Officer
Date:05/07/2026
Berkley Insurance Company
Signature:/s/ Richard M. Baio
Name/Title:Richard M. Baio/Executive Vice President and Treasurer
Date:05/07/2026

FAQ

What stake does W.R. Berkley hold in LEGATO MERGER CORP. III (LEGT)?

W.R. Berkley beneficially owns 1,466,215 shares, equal to 5.7% of the class. The Schedule 13G discloses shared voting and dispositive power over these shares, filed and signed on 05/07/2026.

Does the filing show who controls the voting of those LEGT shares?

The filing shows shared voting power of 1,466,215 shares and no sole voting power. This indicates voting authority is shared among the reporting entities rather than held solely by one party.

Which entities are named as beneficial owners of LEGT shares in this filing?

The Schedule 13G lists W. R. Berkley Corporation and Berkley Insurance Company with identical beneficial ownership of 1,466,215 shares and 5.7% of the class, per the provided excerpt.

What filing type was used to report the LEGT ownership and what does it signify?

The ownership is reported on a Schedule 13G, which typically signals a passive investor reporting beneficial ownership under applicable rules rather than an active acquisition or control intent.

When was the Schedule 13G for LEGT signed and by whom?

The excerpt shows signatures by Richard M. Baio in the capacities of Executive Vice President and Chief Financial Officer and Treasurer, dated 05/07/2026.