Form 4 for WRB W. R. Berkley Corporation
Accepted 2024-08-19 00:00:00 ET · period of report 2024-08-15 · accession 0001062993-24-015394 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024-08-19 | 2024-08-15 | WRB | BERKLEY WILLIAM R | Executive COB, Dir, 10% | A - Grant | $0.00 | +120.4K | 17.26M | +0.7% | $0 | |
| 2024-08-19 | 2024-08-15 | WRB | BERKLEY WILLIAM R | Executive COB, Dir, 10% | F - Tax | $57.75 | -4,604 | 17.25M | -0.0% | -$265.9K |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2024-08-15 | A | A | 120,430 | $0.00 | 17,257,521 | D | — | — | (F1) On July 10, 2024, the Company's common stock split on a 3-for-2 basis (the "Stock Split"). The number of securities acquired, disposed of, or beneficially owned reported on this Form reflect such Stock Split. (F2) Represents the vesting of tranches of shares of common stock underlying performance-based restricted stock units ("RSUs") granted in 2019, 2020 and 2021 under the W. R. Berkley Corporation 2018 Stock Incentive Plan for the three-year performance period ending June 30, 2024 (consisting of 37,826 shares; 43,766 shares; and 38,838 shares, respectively). (F3) Includes an increase of 5,712,363 shares of common stock beneficially owned by the reporting person resulting from the Stock Split, including 2,465,161 shares of common stock underlying vested RSUs (the receipt of which has been deferred) and does not include shares of common stock underlying unvested performance-based RSUs. |
| 2 | Common | Common Stock | 2024-08-15 | F | D | 4,604 | $57.75 | 17,252,917 | D | — | — | (F4) Represents payment of tax liability by withholding securities incident to the vesting of RSUs. (F5) Includes 7,511,309 shares of common stock underlying vested RSUs (the receipt of which has been deferred) and does not include shares of common stock underlying unvested performance-based RSUs. |