Lucille T. Sgaglione - Aug 15, 2024 Form 4 Insider Report for BERKLEY W R CORP (WRB)

Role
EVP
Signature
Lucille T. Sgaglione
Stock symbol
WRB
Transactions as of
Aug 15, 2024
Transactions value $
-$44,814
Form type
4
Date filed
8/19/2024, 06:20 PM
Previous filing
Aug 17, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WRB Common Stock Award $0 +17.5K +8.36% $0.00 226K Aug 15, 2024 Direct F1, F2, F3
transaction WRB Common Stock Tax liability -$44.8K -776 -0.34% $57.75 226K Aug 15, 2024 Direct F4, F5
holding WRB Common Stock 8.5K Aug 15, 2024 By ESPP F6
* 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 5,529 shares; 6,397 shares; and 5,547 shares, respectively).
F3 Includes an increase of 69,644 shares of common stock underlying vested RSUs (the receipt of which has been deferred) beneficially owned by the reporting person resulting from the Stock Split, 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 Represents 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 2,805 shares of common stock beneficially owned resulting from the Stock Split.