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|4Feb 20, 7:34 PM ET

MITSUI SUMITOMO INSURANCE CO LTD 4

Research Summary

AI-generated summary

Updated

WR Berkley (WRB) 10% Owner Mitsui Sumitomo Buys Shares

What Happened

  • Mitsui Sumitomo Insurance Co., Ltd. (a reported 10% owner of W.R. Berkley Corp.) purchased a total of 505,582 WRB shares in open‑market transactions on Feb 19–20, 2026.
    • 300,986 shares @ $70.53 each = $21,227,730 (weighted avg; multiple trades; price range reported per footnote F2).
    • 44,014 shares @ $71.50 each = $3,146,785 (weighted avg; price range per footnote F4).
    • 160,582 shares @ $70.80 each = $11,369,944 (weighted avg; price range per footnote F5).
  • Total cost ≈ $35,744,459. These were purchases (buying shares), which investors often view as more informative than routine sales.

Key Details

  • Transaction dates: Feb 19, 2026 (two tranches) and Feb 20, 2026 (one tranche).
  • Execution: Open‑market/private purchases under a Rule 10b5‑1 trading plan (plan adopted Oct 3, 2025) — see footnote F1.
  • Weighted‑average prices reported; footnotes F2–F5 give the price ranges and offer to provide per‑trade breakdown on request.
  • Shares owned after the transactions: not specified in the provided summary (Form 4 typically reports post‑transaction ownership; consult the full filing for that number).
  • Filing timeliness: No late filing indicated (Form 4 filed Feb 20, 2026, within the usual 2‑business‑day requirement).
  • Ownership note: Shares are held directly by MSI. MSI is a wholly owned subsidiary of MS&AD Insurance Group Holdings, Inc.; MS&AD may be deemed to beneficially own the securities but disclaims beneficial ownership except for pecuniary interest (footnote F3). Reporting persons also disclaim group status with WR Berkley & Others LLC (see remarks).

Context

  • This is institutional buying by a large shareholder (10% owner), executed under a pre‑arranged 10b5‑1 plan, not an executive/director personal trade. Institutional purchases can reflect portfolio decisions rather than individual insider sentiment.
  • For full details (per‑trade prices and post‑transaction holdings), retail investors should review the complete Form 4 filing (Accesssion 0001193125-26-061923) or request the breakdown referenced in the footnotes.