Green Jay Michael 4
4 · Accelerant Holdings · Filed Feb 4, 2026
Research Summary
AI-generated summary of this filing
Accelerant Holdings (ARX) CFO Green Jay Michael Sells 200,637 Shares
What Happened
Green Jay Michael, Chief Financial Officer of Accelerant Holdings (ARX), had 200,637 Class A common shares withheld to satisfy tax withholding obligations upon the settlement of vested Restricted Stock Units (RSUs). The withholding was executed at $12.76 per share, representing a value of $2,560,128. This was a tax-withholding event (transaction code F), not an open-market sale or a discretionary sale of shares.
Key Details
- Transaction date: 2026-02-02; Form 4 filed: 2026-02-04.
- Shares withheld/disposed: 200,637 at $12.76 per share; total value ≈ $2,560,128.
- Transaction code: F — payment of exercise price or tax liability (tax withholding for RSU settlement).
- Footnote: F1 — Shares were withheld pursuant to issuer policy to satisfy tax obligations upon RSU settlement; this does not reflect a discretionary or open-market sale.
- Shares owned after transaction: not specified in the provided filing excerpt.
- Filing exhibits: Exhibit 24 (Power of Attorney) included.
Context
Withholding shares to cover taxes on vested RSUs is a routine administrative event and does not necessarily indicate a change in the insider's view of the company. This is effectively a cashless withholding/cashless settlement to meet tax liabilities rather than a sale motivated by liquidity or market timing.
Insider Transaction Report
- Tax Payment
Class A Common Shares
[F1]2026-02-02$12.76/sh−200,637$2,560,128→ 1,254,214 total
Footnotes (1)
- [F1]Represents Class A Common Shares withheld, pursuant to Issuer policy, to satisfy tax withholding obligations upon the settlement of vested Restricted Stock Units. Does not reflect a discretionary transaction nor an open market sale of securities.