SCHEDULE: Christopher Lee-Smith Discloses 17.4% Stake in Accelerant Holdings

Christopher Lee-Smith has reported a significant beneficial ownership of 20,386,940 Class A common shares, representing 17.4% of Accelerant Holdings' Class A stock.

Summary

• Christopher Lee-Smith, a citizen of the United Kingdom, has filed a Schedule 13G indicating beneficial ownership in Accelerant Holdings.
• As of September 30, 2025, Lee-Smith beneficially owns 20,386,940 Class A common shares of Accelerant Holdings.
• This ownership includes 17,640,679 directly held Class A common shares and 2,746,261 Class A common shares acquirable upon the exercise of options.
• The reported stake represents approximately 17.4% of the Class A common shares outstanding.
• Excluding options not exercisable within 60 days, Lee-Smith owns approximately 8.0% of the aggregate Class A and Class B common shares outstanding.
• Lee-Smith's aggregate voting power represents approximately 1.5% of the total voting power of Accelerant Holdings, due to the dual-class share structure where Class B shares carry ten votes each.
• The beneficial ownership calculation is based on 114,578,616 Class A common shares and 107,241,428 Class B common shares outstanding as of September 30, 2025, as reported in the Issuer's Form 10-Q filed on November 12, 2025.

Sentiment

Score: 7

Explanation: The filing is a factual disclosure of significant beneficial ownership by an individual. While not directly related to operational performance, a substantial stake by an individual can be interpreted as a positive signal of confidence and alignment with shareholder interests, contributing to a moderately positive sentiment.

Positives

• A significant individual stake of 17.4% in Class A common shares (or 8.0% aggregate common shares) by Christopher Lee-Smith may signal strong insider confidence in Accelerant Holdings' future prospects.
• The disclosure provides transparency regarding a substantial shareholder, which can be viewed positively by the market.

Stakeholder Impact

• Shareholders: Provides transparency regarding a significant individual shareholder's stake, which could influence investor perception and confidence.
• Management: Awareness of a large individual holder may influence strategic decisions and corporate governance considerations.

Key Dates

Keywords

Accelerant Holdings, Christopher Lee-Smith, Beneficial Ownership, Schedule 13G, Class A Common Shares, Shareholder Stake, SEC Filing, Voting Power