ACGL.NASDAQArch Capital Group LTD

4/A: Arch Capital Group CEO Corrects Stock Transaction Reporting Error

Sentiment:

SEC Form 4/A

📋All filings for Arch Capital Group LTD
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Nicolas Papadopoulo, CEO of Arch Capital Group, files an amended Form 4/A to correct an error in a previously filed form regarding a stock sale that did not occur.

Summary

  • Nicolas Papadopoulo, CEO of Arch Capital Group Ltd., filed an amended Form 4/A with the SEC on May 8, 2025.
  • This amendment corrects an error in the original Form 4 filed on May 6, 2025, which incorrectly reported a sale of 7,636 shares on May 2, 2025.
  • The corrected form indicates that the sale did not actually occur.
  • The filing also shows that on May 2, 2025, Papadopoulo exercised a stock option to acquire 9,213 common shares at a price of $15.835 per share.
  • Additionally, 1,577 shares were disposed of at a price of $92.48.
  • Following these transactions, Papadopoulo beneficially owns 803,354 common shares.

Sentiment

Score: 7

Explanation: The sentiment is neutral. It's a correction of a previous error, which is a standard administrative process. The stock option exercise is a positive sign, but it's a routine part of executive compensation.

Negatives

  • The original Form 4 contained an error, requiring an amendment.

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, ensuring transparency in the market.

Stakeholder Impact

  • The correction ensures accurate information is available to shareholders and the market.

Key Dates

DateDescription
05/13/2016First installment of non-qualified stock option became exercisable.
05/13/2017Second installment of non-qualified stock option became exercisable.
05/13/2018Third installment of non-qualified stock option became exercisable.
05/02/2025Date of corrected transactions: stock option exercise and share disposal.
05/06/2025Date of original Form 4 filing containing the error.
05/08/2025Date of amended Form 4/A filing.

Keywords

Form 4/A, Arch Capital Group, Nicolas Papadopoulo, Stock Options, Beneficial Ownership, SEC Filing, ACGL

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