Form 4: Arch Capital President Sells Shares for Tax Obligations

Arch Capital Group Ltd. President David Gansberg reported the disposition of 9,494 common shares to cover tax withholding obligations.

Summary

• David Gansberg, President of Arch Capital Group Ltd., reported an insider transaction on November 19, 2025.
• Gansberg disposed of 9,494 common shares, with a par value of $0.0011 per share, at a price of $91.17 per share.
• This transaction was coded 'F', indicating a disposition to the issuer to satisfy tax withholding obligations.
• Following this transaction, Gansberg directly beneficially owns 309,888 common shares of Arch Capital Group Ltd.

Sentiment

Score: 5

Explanation: A score of 5 indicates a neutral sentiment. The transaction is a routine disposition of shares for tax withholding purposes, which is a common practice and does not typically signal a change in management's outlook or the company's prospects. It is neither a discretionary buy nor a discretionary sell.

Future Outlook

NA

Industry Context

This is a routine insider transaction for tax purposes and does not reflect broader industry trends or competitive positioning within the insurance and reinsurance sector.

Related Party Transactions

• David Gansberg, President of Arch Capital Group Ltd., disposed of 9,494 common shares to the issuer to satisfy tax withholding obligations, which is a transaction between an insider and the company.

Stakeholder Impact

• Shareholders: The transaction is a routine tax-related disposition and is unlikely to have a significant impact on shareholder perception or the company's valuation. It represents a very small fraction of the total outstanding shares and the insider's overall holdings.

Key Dates

Recommendation

The reported transaction is a non-discretionary sale of shares by an insider to cover tax obligations, which is a common and expected event. It does not reflect a change in the insider's investment conviction or the company's fundamentals. Therefore, it provides no new information to alter an existing investment thesis, warranting a 'hold' recommendation based solely on this filing.

Keywords

Arch Capital Group, ACGL, David Gansberg, Insider Transaction, Form 4, Share Disposition, Tax Withholding, Common Shares