Accelerant Holdings·4

Feb 4, 4:05 PM ET

Green Jay Michael 4

Research Summary

AI-generated summary

Updated

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.

Loading document...