Form 4: Arch Capital Group CEO Marc Grandisson Reports Share Acquisition and Disposal
SEC Form 4
CEO Marc Grandisson reports acquiring 138,190 common shares and disposing of 258,674 common shares of Arch Capital Group Ltd.
Summary
- On February 23, 2024, Marc Grandisson, CEO of Arch Capital Group Ltd., reported a transaction involving the company's common shares.
- Grandisson acquired 138,190 common shares at a price of $0.
- He also disposed of 258,674 common shares.
- Following these transactions, Grandisson directly owns 258,674 common shares and indirectly owns 1,937,157 common shares through a company.
Sentiment
Score: 5
Explanation: This is a neutral report of stock transactions by an insider, with no inherent positive or negative implications.
Industry Context
This filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities in the company's stock.
Stakeholder Impact
- The transactions may have a minor impact on shareholder sentiment, depending on how the market interprets the insider's actions.
Key Dates
| Date | Description |
|---|---|
| 02/23/2024 | Date of the reported transaction (acquisition and disposal of shares). |
| 02/27/2024 | Date of signature of the report. |
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