Form 4: Arch Capital Group Director John Pasquesi Reports Changes in Beneficial Ownership
SEC Form 4 Filing
John Pasquesi, a director at Arch Capital Group Ltd., reported changes in his beneficial ownership of the company's common shares, including the vesting of restricted shares and holdings through trusts and a limited liability company.
Summary
- On March 11, 2024, John Pasquesi, a director of Arch Capital Group Ltd., filed a Form 4 to report changes in his beneficial ownership of the company's common shares.
- The reported transactions include the vesting of 56,800 restricted shares.
- Pasquesi's direct holdings include 1,714 common shares.
- He also indirectly owns shares through a revocable trust (1,527,681 shares), a family limited partnership (179,947 shares), other trusts (1,635,887 shares), and a limited liability company, Otter Capital LLC (1,221,693 shares).
Sentiment
Score: 5
Explanation: This is a neutral regulatory filing. It simply reports changes in beneficial ownership, with no inherent positive or negative implications.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the holdings and transactions of company insiders. This filing indicates changes in the holdings of a key executive at Arch Capital Group, which is relevant to investors monitoring insider activity.
Stakeholder Impact
- The filing provides transparency to shareholders regarding the holdings of a key company director.
- It assures stakeholders that insider transactions are being reported in compliance with SEC regulations.
Key Dates
| Date | Description |
|---|---|
| 03/11/2024 | Date of earliest transaction and reporting date for changes in beneficial ownership. |
| 03/12/2024 | Signature date of the Form 4 filing. |
| May 4, 2024 | Vesting date for 56,800 restricted shares. |
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