Morin Francois 4
Research Summary
AI-generated summary
Arch Capital (ACGL) CFO Francois Morin Receives 27,432-Share Award
What Happened
Francois Morin, Chief Financial Officer and Treasurer of Arch Capital Group Ltd. (ACGL), was granted 27,432 common shares on February 24, 2026. The Form 4 lists the transaction as an award/grant (code A) with an acquisition price of $0.00. This is a compensation award rather than an open-market purchase or sale.
Key Details
- Transaction date: 2026-02-24; Form 4 filed 2026-02-26 (appears timely).
- Transaction type/value: Award/grant of 27,432 shares at $0.00 per share (reported acquisition).
- Shares owned after transaction: Not specified in the filing.
- Footnotes:
- F1: Includes 248 common shares acquired May 30, 2025 under the Arch Capital Employee Share Purchase Plan (ESPP).
- F2: Adjustment reflects 902 ESPP shares that were inadvertently double-counted on a prior Form 4 (filed Mar 3, 2025) and subsequent Forms 4.
- No 10b5-1 plan, cashless exercise, sale, or tax-withholding details were reported in this filing.
Context: This was a company equity award (compensation), which is routine for executives and not the same signal as an open-market purchase by an insider. The footnotes mainly clarify ESPP-related shares and correct prior reporting of beneficial ownership.