William R. Berkley - Aug 15, 2024 Form 4 Insider Report for BERKLEY W R CORP (WRB)

Signature
William R. Berkley
Stock symbol
WRB
Transactions as of
Aug 15, 2024
Transactions value $
-$265,881
Form type
4
Date filed
8/19/2024, 06:18 PM
Previous filing
Jun 12, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WRB Common Stock Award $0 +120K +0.7% $0.00 17.3M Aug 15, 2024 Direct F1, F2, F3
transaction WRB Common Stock Tax liability -$266K -4.6K -0.03% $57.75 17.3M Aug 15, 2024 Direct F4, F5
holding WRB Common Stock 67.1M Aug 15, 2024 By WR Berkley & Others LLC F6
holding WRB Common Stock 1.35M Aug 15, 2024 By William R. Berkley 2011 GST Trust F7
holding WRB Common Stock 204K Aug 15, 2024 By spouse F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On July 10, 2024, the Company's common stock split on a 3-for-2 basis (the "Stock Split"). The number of securities acquired, disposed of, or beneficially owned reported on this Form reflect such Stock Split.
F2 Represents the vesting of tranches of shares of common stock underlying performance-based restricted stock units ("RSUs") granted in 2019, 2020 and 2021 under the W. R. Berkley Corporation 2018 Stock Incentive Plan for the three-year performance period ending June 30, 2024 (consisting of 37,826 shares; 43,766 shares; and 38,838 shares, respectively).
F3 Includes an increase of 5,712,363 shares of common stock beneficially owned by the reporting person resulting from the Stock Split, including 2,465,161 shares of common stock underlying vested RSUs (the receipt of which has been deferred) and does not include shares of common stock underlying unvested performance-based RSUs.
F4 Represents payment of tax liability by withholding securities incident to the vesting of RSUs.
F5 Includes 7,511,309 shares of common stock underlying vested RSUs (the receipt of which has been deferred) and does not include shares of common stock underlying unvested performance-based RSUs.
F6 Includes an increase of 22,356,344 shares of common stock beneficially owned resulting from the Stock Split.
F7 Includes an increase of 450,000 shares of common stock beneficially owned resulting from the Stock Split.
F8 Includes an increase of 68,121 shares of common stock beneficially owned resulting from the Stock Split.