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W. R. Berkley (NYSE: WRB) EVP Sgaglione to shift into Senior Advisor role

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

W. R. Berkley Corporation reports that Executive Vice President Lucille Sgaglione has informed the company she will resign from her executive role effective June 30, 2026. After stepping down as an executive officer, she will remain with the company on a part-time basis as Senior Advisor, with her compensation adjusted to match this new position.

The company states that Ms. Sgaglione’s outstanding long-term incentive awards will be handled according to the existing terms and conditions of the applicable award agreements, indicating no special or one-time arrangements disclosed beyond the standard plan rules.

Positive

  • None.

Negative

  • None.
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
Executive Vice President financial
"she will resign from her position as Executive Vice President of the Company"
An executive vice president is a high-ranking leader within a company who oversees major parts of its operations or strategies. Think of them as senior managers responsible for important areas, similar to a vice principal in a school hierarchy. Their role matters to investors because they help guide the company's success and decision-making at the top level.
Senior Advisor financial
"will continue to serve the Company on a part-time basis as Senior Advisor"
A senior advisor is an experienced executive or specialist who provides strategic guidance to a company's leadership without running daily operations. Investors care because such advisors bring credibility, industry knowledge and connections that can speed decision-making, open partnerships or reduce execution risk—like hiring a trusted coach to help a team perform better—which can influence future growth prospects and market confidence.
long-term incentive awards financial
"Ms. Sgaglione’s outstanding long-term incentive awards will be treated"
Emerging growth company regulatory
"Emerging growth company W. R. Berkley Corporation"
An emerging growth company is a recently public or smaller public firm that qualifies for temporary, lighter regulatory and disclosure rules to reduce the cost and effort of being public. For investors, it means the company may provide less historical financial detail and face fewer reporting requirements than larger firms, so it can grow more quickly but also carries higher uncertainty—like buying a promising early-stage product with fewer user reviews.
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Understanding 8-K Material Events →
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 8-K

CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): June 26, 2026
Commission File Number
1-15202


     W. R. BERKLEY CORPORATION     
(Exact name of registrant as specified in its charter)
Delaware22-1867895
(State or other jurisdiction of
incorporation or organization)		(I.R.S. Employer Identification No.)
  
475 Steamboat RoadGreenwichConnecticut06830
(Address of principal executive offices)(Zip Code)
(203)629-3000
(Registrant’s telephone number, including area code)
None
Former name, former address and former fiscal year, if changed since last report.

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
☐    Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐    Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐    Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐    Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Title of Each Class Trading Symbol Name of Each Exchange
on Which Registered
Common Stock, par value $.20 per share WRB New York Stock Exchange
5.700% Subordinated Debentures due 2058WRB-PENew York Stock Exchange
5.100% Subordinated Debentures due 2059WRB-PFNew York Stock Exchange
4.250% Subordinated Debentures due 2060WRB-PGNew York Stock Exchange
4.125% Subordinated Debentures due 2061WRB-PHNew York Stock Exchange
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).    Emerging growth company     ☐    

W. R. Berkley Corporation         2

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.     ☐    

W. R. Berkley Corporation         3

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

Lucille Sgaglione has informed W. R. Berkley Corporation (the “Company”) that she will resign from her position as Executive Vice President of the Company, effective June 30, 2026. Following her resignation as an executive officer, Ms. Sgaglione will continue to serve the Company on a part-time basis as Senior Advisor, with compensation to be adjusted commensurate with her new role. Ms. Sgaglione’s outstanding long-term incentive awards will be treated in accordance with the terms and conditions of the applicable award agreements.

W. R. Berkley Corporation         4



SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

W. R. BERKLEY CORPORATION




By: /s/ Richard M. Baio
Name:Richard M. Baio
Title:Executive Vice President -
Chief Financial Officer




        


Date: June 26, 2026





Source: View Original Filing on SEC EDGAR

FAQ

What leadership change did W. R. Berkley (WRB) disclose in this 8-K?

W. R. Berkley disclosed that Executive Vice President Lucille Sgaglione will resign her executive role effective June 30, 2026. She will continue with the company part-time as Senior Advisor, shifting from an operating leadership position to an advisory capacity.

When does Lucille Sgaglione’s resignation at W. R. Berkley (WRB) take effect?

Her resignation as Executive Vice President becomes effective June 30, 2026. After this date, she will no longer serve as an executive officer but will remain with the company as a part-time Senior Advisor under adjusted compensation.

Will Lucille Sgaglione remain involved with W. R. Berkley (WRB) after resigning?

Yes. After resigning as Executive Vice President, she will continue on a part-time basis as Senior Advisor. This arrangement keeps her experience available to the company while reducing her formal executive responsibilities and adjusting her compensation accordingly.

How will W. R. Berkley (WRB) handle Lucille Sgaglione’s long-term incentive awards?

Her outstanding long-term incentive awards will be treated under the existing award agreements. This means vesting, forfeiture, or payout terms will follow the previously established plan documents, with no special treatment described in this disclosure.

Does W. R. Berkley (WRB) mention any change to its executive compensation structure?

The company notes only that Ms. Sgaglione’s compensation will be adjusted to match her new Senior Advisor role. It does not outline broader changes to executive compensation programs beyond applying existing long-term incentive award agreements.

Filing Exhibits & Attachments

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