BERKLEY W R CORP 8-K

What Happened W. R. Berkley Corporation filed an 8‑K (Item 5.02) stating that Lucille Sgaglione will resign from her position as Executive Vice President effective June 30, 2026. Following her resignation as an executive officer, Ms. Sgaglione will continue with the company on a part‑time basis as a Senior Advisor, with her compensation adjusted to reflect the new role. The filing was signed by Richard M. Baio, Executive Vice President and Chief Financial Officer, on June 26, 2026.

Key Details

• Resignation effective date: June 30, 2026.
• New role: Senior Advisor on a part‑time basis; compensation will be adjusted to match the role.
• Treatment of awards: Ms. Sgaglione’s outstanding long‑term incentive awards will be handled according to the terms of the applicable award agreements.
• Filing: Reported on Form 8‑K under Item 5.02 (departure/election of directors or certain officers).

Why It Matters This filing documents a change in executive responsibilities at W. R. Berkley that may affect management continuity and compensation arrangements. For investors, the key takeaways are the effective date of the change, the shift to a part‑time advisory role (with adjusted pay), and that existing long‑term incentives remain subject to their original award terms—meaning no immediate, unilateral acceleration or forfeiture is indicated in the filing.