Ebong Francis 4
Research Summary
AI-generated summary
Arch Capital (ACGL) Director Ebong Francis Receives Restricted Share Award
What Happened
- Ebong Francis, a director of Arch Capital Group Ltd. (ACGL), received a grant of 2,071 restricted shares on May 5, 2026. The Form 4 shows these shares were acquired as an award; no per-share price or total dollar value was reported (listed as N/A). This was a company grant of restricted stock, not an open-market purchase or sale.
Key Details
- Transaction date: 2026-05-05; Form 4 filed: 2026-05-07 (appears filed within the standard two-business-day window).
- Shares granted: 2,071 restricted shares. Price/total value: N/A (award).
- Shares owned after transaction: not specified in the provided filing excerpt.
- Footnote: These are restricted shares that will vest on the earlier of (1) one year after the grant date or (2) Arch Capital’s next Annual General Meeting of Shareholders.
- No indication of a 10b5-1 plan, cashless exercise, gift, or tax-withholding sale in the provided details.
Context
- Restricted share awards are part of executive/director compensation and typically vest over time; they are not immediate market purchases or signals of a quick sale. Because value was not reported on the Form 4, use public share price on the grant date if you want an approximate dollar value.