RADKE JEFFREY L 4

What Happened
Jeffrey L. Radke, a reported 10% owner of Accelerant Holdings (ARX), received an award of 300,171 restricted stock units (RSUs) on March 18, 2026. The award was recorded at $0.00 per share (no cash paid). This is a grant (award), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-03-18; Form 4 filed: 2026-03-20 (timely filing).
• Grant: 300,171 RSUs @ $0.00 (total reported value $0).
• Post-transaction holdings: Not specified in the provided excerpt.
• Vesting (footnote F1): 25% vests one year after grant, then 6.25% vests on the first day of each of the 12 calendar quarters thereafter.
• Ownership structure/disclaimers: Some securities are held by Badly Bent LLC (Radke is manager of the sole member) (F2) and some are held in a trust for Radke’s spouse with the spouse as trustee (F3); Radke disclaims beneficial ownership except to the extent of any pecuniary interest.

Context
This transaction is a time-based equity award (RSUs) — a common form of compensation that vests over time and does not indicate an immediate sale. As a reported 10% owner, Radke’s holdings include securities held via an LLC and a trust; such structure and disclaimer language are typical and mean Radke may not claim full direct beneficial ownership for all shares, aside from his economic interest.