BUNCE JOHN L JR 4
Research Summary
AI-generated summary
Arch Capital (ACGL) Director John L. Bunce Jr Receives Restricted Share Award
What Happened
John L. Bunce Jr., a director of Arch Capital Group Ltd. (ACGL), was granted two awards on 2026-05-05 totaling 3,398 restricted shares (2,071 and 1,327 shares). The Form 4 lists these as awards/grants (transaction code A); no per-share price or cash value is reported on the filing. These were grants as part of director compensation rather than open-market purchases or sales.
Key Details
- Transaction date: 2026-05-05 (Form 4 filed 2026-05-07; filing appears timely).
- Transaction type/code: Award/Grant (A).
- Shares granted: 2,071 shares and 1,327 shares — total 3,398 restricted shares.
- Price/value: Not reported (N/A) on the Form 4.
- Shares owned after transaction: Not specified in this filing.
- Footnotes:
- F1: These are restricted shares that vest the earlier of one year after grant or Arch’s next Annual General Meeting.
- F2: The shares include grants issued as the director-elected annual retainer for board service.
- No 10b5-1 plan, tax-withholding, late filing, or sale reported in this Form 4.
Context
Director grants like these are typically compensation for board service and are subject to vesting conditions; they do not represent an open-market buy or sell. Because they are restricted and vest over time, they are generally routine corporate compensation rather than an immediate market signal.