Chersi Robert J 4

What Happened
Robert J. Chersi, a director of Acadian Asset Management Inc. (AAMI), disposed of 28,753 shares on February 11, 2026. The shares were sold in multiple transactions at a weighted average price of $51.30, resulting in proceeds of approximately $1,475,029. This was a sale (disposition), not a purchase or option exercise.

Key Details

• Transaction date: February 11, 2026 (reported on Form 4 filed Feb 12, 2026) — appears timely (filed the next day).
• Quantity and price: 28,753 shares sold; weighted average price $51.30; price range across trades $51.00–$51.70.
• Proceeds: ~$1,475,029.
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Footnotes:
  • F1: Weighted average price reported; multiple trades within $51.00–$51.70. Reporting person will provide per-price breakdown on request.
  • F2: The sold shares were held in a trust for the reporting person’s children; the reporting person’s spouse is the trustee.
• Transaction type: Open-market/private sale (reported as S).

Context
Sales by directors can be routine (e.g., diversification, estate or tax planning) and do not by themselves indicate the director’s view of the company’s outlook. This filing does not show any option exercise, gift, or 10% owner activity.