BERKLEY WILLIAM R 4
Research Summary
AI-generated summary
Berkley (WRB) 10% Owner William R. Berkley Receives 3,090-Share Award
What Happened
- William R. Berkley, a 10% owner of W. R. Berkley Corporation (WRB), was granted/acquired 3,090 shares on 2026-06-03 as an award (transaction code A). The filing reports an acquisition price of $0.00 for these shares — the award was made under the W. R. Berkley Corporation 2009 Directors Stock Plan.
Key Details
- Transaction date and type: 2026-06-03 — Award/Grant (A).
- Price reported: $0.00 per share; reported acquisition value $0.
- Shares owned after transaction: Not explicitly stated in the Form 4; filing notes include 7,618,901 shares underlying restricted stock units (RSUs) that have vested (receipt deferred).
- Notable footnotes:
- F1: Award granted under the 2009 Directors Stock Plan.
- F2: Filing “includes 7,618,901 shares” underlying vested RSUs (receipt deferred); does not include unvested performance-based RSUs.
- F3/F4: Ownership and control details: Mr. Berkley is manager of an LLC referenced in a Schedule 13D/A, and certain family trusts and his wife (as trustee) are involved; he disclaims beneficial ownership of certain trust-held shares.
- Filing timeliness: Filed 2026-06-04 for a 2026-06-03 transaction — within the standard Form 4 reporting window (timely).
Context
- This was an equity award (compensation/directors’ plan), not a purchase or sale; such grants are routine compensation for directors and don’t necessarily signal a personal market view.
- The filing clarifies significant related-party and trust arrangements typical for large holders and 10% owners; these details affect how beneficial ownership is reported but do not change the nature of this award.