W. R. Berkley (PGAC) reports 8.3% stake in Pantages Capital shares
Rhea-AI Filing Summary
W. R. Berkley Corporation, through subsidiary Berkley Insurance Company, reports beneficial ownership of 248,616 Class A ordinary shares of Pantages Capital Acquisition Corporation as of June 30, 2026. This represents 8.3% of the outstanding Class A shares.
The reporting persons hold shared voting and dispositive power over all 248,616 shares and have no sole voting or dispositive power. The filing is an Amendment No. 2 to update this ownership position and identifies Berkley Insurance Company as the subsidiary that acquired the securities.
Positive
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Negative
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Key Figures
Beneficial ownership: 248,616 shares
Percent of class: 8.3 %
Shared voting power: 248,616 shares
+3 more
6 metrics
Beneficial ownership
248,616 shares
Class A ordinary shares of Pantages Capital beneficially owned as of June 30, 2026
Percent of class
8.3 %
Percentage of Pantages Capital Class A ordinary shares beneficially owned
Shared voting power
248,616 shares
Shares over which the reporting persons share voting power
Sole voting power
0 shares
Shares over which the reporting persons have sole voting power
Shared dispositive power
248,616 shares
Shares over which the reporting persons share dispositive power
Sole dispositive power
0 shares
Shares over which the reporting persons have sole dispositive power
Key Terms
beneficially owned, shared voting power, shared dispositive power, parent holding company, +1 more
5 terms
beneficially owned financial
"Item 4. | Ownership (a) | Amount beneficially owned: 248,616"
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.
parent holding company financial
"If a parent holding company has filed this schedule, pursuant to (ii)(G)"
subsidiary financial
"Identification and Classification of the Subsidiary Which Acquired the Security"
A subsidiary is a company that is controlled or owned by a larger company, known as the parent company. Think of it like a branch or division of a bigger organization; it operates separately but is ultimately guided by the parent. For investors, understanding subsidiaries helps clarify how a larger company is structured and where its resources and risks are concentrated.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What ownership stake in PGAC does W. R. Berkley Corporation report in this Schedule 13G/A?
W. R. Berkley Corporation reports beneficial ownership of 248,616 Class A ordinary shares of Pantages Capital Acquisition Corporation (PGAC), representing 8.3% of the Class A shares outstanding as of June 30, 2026.