Form 4: Acadian Asset Management Director Transfers Shares to Family Trust

Acadian Asset Management Director Robert J. Chersi transferred 27,986 shares of common stock from direct ownership to a family trust on June 10, 2025, with no change in overall beneficial ownership.

Summary

• Robert J. Chersi, a Director of Acadian Asset Management Inc. (AAMI), reported a change in beneficial ownership of common stock.
• On June 10, 2025, Mr. Chersi disposed of 27,986 shares of Common Stock that were held directly.
• Concurrently, 27,986 shares of Common Stock were acquired indirectly through the Robert J. Chersi 2012 Family Trust.
• The transaction code 'G' indicates that these transactions were gifts, and the price for both was $0.
• Following these transactions, Mr. Chersi beneficially owns 66,137 shares indirectly through the trust.
• The shares held in the trust are for the benefit of his children, and his spouse serves as the trustee of the trust.

Sentiment

Score: 5

Explanation: The filing reports a routine internal transfer of shares by a director to a family trust, which is a neutral event from a market sentiment perspective as it does not indicate a change in the director's overall beneficial interest or a market sale.

Positives

• The transaction represents a transfer of shares to a family trust for estate planning purposes, rather than a sale on the open market.
• The overall beneficial ownership of Robert J. Chersi remains consistent, as the shares are now held indirectly through a trust for his children.

Negatives

• No direct negative implications are apparent from this internal transfer of shares.

Risks

• This Form 4 filing primarily reports a change in the form of beneficial ownership and does not introduce new specific risks to the company or its operations.

Future Outlook

NA

Industry Context

This Form 4 filing is a standard regulatory disclosure for insider transactions, reflecting a change in the form of beneficial ownership by a director. It does not provide information directly related to broader industry trends or competitive dynamics, but rather adheres to transparency requirements for corporate insiders.

Related Party Transactions

• Robert J. Chersi transferred 27,986 shares of common stock to the Robert J. Chersi 2012 Family Trust, which is for the benefit of his children and where his spouse is the trustee.

Stakeholder Impact

• Shareholders: No direct impact on the company's operations or share count; reflects a change in the form of beneficial ownership by a director.
• Employees, Customers, Suppliers, Creditors: No direct impact.

Key Dates

Keywords

Acadian Asset Management, AAMI, Form 4, insider transaction, beneficial ownership, stock transfer, family trust, director, common stock