Rajeh Maamoun 4

4 · ARCH CAPITAL GROUP LTD. · Filed Feb 13, 2026

AI-generated summary of this filing

Updated Feb 13, 2026

Arch Capital (ACGL) President Rajeh Maamoun Exercises Options, Sells Shares

What Happened

Rajeh Maamoun, President of Arch Capital Group Ltd. (ACGL), exercised stock options to acquire a total of 47,430 shares (two exercises) and sold 47,430 shares in the open market on Feb 11, 2026.
Exercise details: 15,930 shares at $27.09 each ($431,491) and 31,500 shares at $27.13 each ($854,595), for a total cash outlay of $1,286,086 to exercise options.
Sale details: 47,430 shares sold at a weighted average price of $96.12, generating proceeds of $4,558,858.
The filing also shows derivative dispositions reported at $0.00, which reflect the options being exercised (the derivative instruments were surrendered upon exercise).

Key Details

Transaction date: February 11, 2026.
Exercise (code M): 15,930 @ $27.09 ($431,491) and 31,500 @ $27.13 ($854,595).
Sale (code S): 47,430 @ weighted avg $96.12 = $4,558,858. (Footnote F1: sale prices ranged from $95.71 to $96.68.)
Shares owned after transaction: not specified in the provided filing.
Notable footnotes: F1 explains the reported sale price is a weighted average across multiple trades; F2 and F3 describe the original option vesting schedules (installments in 2018–2020).
Filing timeliness: Reported period 2026-02-11, filed 2026-02-13 — no late filing indicated.

Context

This was effectively a cashless exercise and immediate sale: options were exercised (M) and the underlying shares were sold (S) the same day, which is commonly used to cover exercise costs, tax withholding, or realize gains.
Such insider sales are routine liquidity events and do not by themselves indicate the insider’s view on the company’s prospects.

Form 4

Period: 2026-02-11

President, Arch Capital Group

Transactions

Exercise/Conversion
Common Shares, $.0011 par value per share
2026-02-11$27.09/sh+15,930$431,491→ 449,519 total
Exercise/Conversion
Common Shares, $.0011 par value per share
2026-02-11$27.13/sh+31,500$854,595→ 481,019 total
Sale
Common Shares, $.0011 par value per share
[F1]
2026-02-11$96.12/sh−47,430$4,558,858→ 433,589 total
Exercise/Conversion
Stock Option (Right to Buy)
[F2]
2026-02-11−15,930→ 0 total
Exercise: $27.09Exp: 2027-05-08→ Common Shares, $.0011 par value per share (15,930 underlying)
Exercise/Conversion
Stock Option (Right to Buy)
[F3]
2026-02-11−31,500→ 0 total
Exercise: $27.13Exp: 2027-09-19→ Common Shares, $.0011 par value per share (31,500 underlying)

Footnotes (3)

[F1]The price reported is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $95.71 to $96.68. Upon request, the full information regarding the number of shares sold at each separate price within the range will be provided to the issuer, any security holder of the issuer or the staff of the Securities Exchange Commission.
[F2]This stock option is exercisable in three equal annual installments commencing May 8, 2018, and the next two installments on May 8, 2019 and May 8, 2020, subject to the applicable award agreement.
[F3]This stock option is exercisable in three equal annual installments, with the first installment becoming exercisable on September 19, 2018 and the next two installments on September 19, 2019 and September 19, 2020, subject to the applicable award agreement.

Signature

/s/ Maamoun Rajeh|2026-02-13

1 file