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Pelagos Insurance risk chief receives 10,000 shares

The reported direct position after the award includes 84,103 restricted share units subject to time-based vesting.

(Neutral)

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Form Type
4

Rhea-AI Filing Summary

Pelagos Insurance Capital Ltd (PLGO) reported that its Chief Risk Officer, Michael Justin Pearson, acquired 10,000 common shares in a grant/award transaction on October 13, 2026. The reported transaction price was $0.0000 per share. His direct holdings after the transaction were 214,568 shares, including 84,103 restricted share units subject to time-based vesting conditions; each RSU represents a contingent right to receive one common share upon vesting.

Insider Pearson Michael Justin
Role Chief Risk Officer
Type Security Shares Price Value
Grant/Award Common Shares F1 10,000 $0.00 $0.00
Holdings After Transaction: Common Shares — 214,568 shares (Direct)
Footnotes (1)
  1. F1. Includes 84,103 restricted share units ("RSUs") subject to time-based vesting conditions. Each RSU represents a contingent right to receive one common share upon vesting.
Grant/award shares 10,000 common shares Transaction on October 13, 2026
Reported transaction price $0.0000 per share Grant/award transaction
Direct holdings after transaction 214,568 shares Includes restricted share units
Restricted share units 84,103 RSUs Subject to time-based vesting conditions
restricted share units financial
"Includes 84,103 restricted share units"
Restricted share units (RSUs) are a promise from a company to give an employee or service provider actual shares or cash equal to the shares after certain conditions are met, typically staying with the company for a set time or hitting performance targets. Think of them like a time-locked gift card that becomes usable only after you’ve earned it. For investors, RSUs matter because they align employee incentives with company performance and can increase the number of shares outstanding over time, diluting existing ownership and affecting earnings per share.
time-based vesting conditions financial
"subject to time-based vesting conditions"
contingent right financial
"a contingent right to receive one common share upon vesting"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many shares did PLGO Chief Risk Officer Michael Justin Pearson receive?

Michael Justin Pearson received 10,000 common shares in a grant/award transaction on October 13, 2026. The reported transaction price was $0.0000 per share.

What were Michael Justin Pearson's PLGO holdings after the award?

His reported direct holdings after the transaction were 214,568 shares. That amount includes 84,103 restricted share units 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.

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SEC Form 4
FORM 4UNITED 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*
Pearson Michael Justin

(Last)(First)(Middle)
WELLESLEY HOUSE SOUTH
90 PITTS BAY ROAD

(Street)
PEMBROKEHM08

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Risk Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
10/13/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Shares10/13/2026A10,000A$0214,568(1)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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Includes 84,103 restricted share units ("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-Fact10/14/2026
** Signature of Reporting PersonDate
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)

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