RADKE JEFFREY L 4
Research Summary
AI-generated summary
Accelerant (ARX) 10% Owner Jeffrey Radke Sells 80,000 Shares
What Happened
- Jeffrey L. Radke, a 10% owner of Accelerant Holdings (ARX), sold 80,000 shares on June 23, 2026. The sale was reported at a weighted average price of $13.11 per share for a total proceeds of $1,048,608. This was a sale (not a purchase or option exercise).
Key Details
- Transaction date: June 23, 2026.
- Price: Weighted average $13.11; individual trade prices ranged from $12.95 to $13.28.
- Shares sold: 80,000; proceeds ≈ $1,048,608.
- Shares owned after transaction: Not specified in this Form 4.
- Footnotes of note:
- Sale executed under a Rule 10b5-1 trading plan adopted March 24, 2026 (pre‑scheduled trades).
- Weighted-average price reported; seller can provide per-trade price breakdown on request.
- Securities are held via Badly Bent LLC and a trust for the reporting person's spousal equivalent; Radke disclaims beneficial ownership except for his pecuniary interest.
- Filing timeliness: Report filed June 25, 2026 for a June 23 trade (appears timely).
Context
- As a 10% owner (rather than an executive acting in a corporate role), this transaction reflects a large stakeholder disposition. The presence of a Rule 10b5‑1 plan indicates the sales were likely pre-arranged and routine; such plans reduce—but do not eliminate—interpretive weight of the sale. Sales alone are less informative than purchases about insider confidence; no motivation is implied by this factual report. Exhibit list includes a Power of Attorney (Exhibit 24).