Accelerant (ARX) 10% Owner Jeffrey Radke Sells 80,000 Shares
$ARX · Accelerant HoldingsResearch Summary
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Accelerant (ARX) 10% Owner Jeffrey Radke Sells 80,000 Shares
What Happened Jeffrey L. Radke, a 10% owner of Accelerant Holdings (ARX), reported an open-market sale of 80,000 shares on August 3, 2026. The shares were sold at a weighted average price of $12.06 per share, with proceeds of approximately $964,528. This was a sale (not a purchase) executed under a pre-established trading plan.
Key Details
- Transaction date: August 3, 2026; Form 4 filed Aug 4, 2026 (appears timely).
- Sale type/code: Open market sale (S).
- Shares sold: 80,000; weighted average price: $12.06; total proceeds: ~$964,528.
- Price range: $11.815 to $12.235 across multiple trades (reporting person can provide per-trade breakdown on request).
- Notable footnotes: Sales were effected pursuant to a Rule 10b5-1 trading plan adopted March 24, 2026. Securities are held via Badly Bent LLC and in a trust for the reporting person’s spouse; Radke disclaims beneficial ownership except for any pecuniary interest.
- Shares owned after transaction: Not specified in the provided filing.
Context As a 10% owner, Radke’s transaction reflects holdings managed through entities and a pre-set 10b5-1 plan, which typically schedules trades in advance and is considered routine. Sales by large shareholders are common and do not by themselves indicate company outlook; this filing documents the mechanics and amount of the sale rather than the insider’s motivation.