James G. Shiel - Aug 15, 2024 Form 4 Insider Report for BERKLEY W R CORP (WRB)

Signature
James G. Shiel
Stock symbol
WRB
Transactions as of
Aug 15, 2024
Transactions value $
-$46,547
Form type
4
Date filed
8/19/2024, 06:21 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 +1.79% $0.00 993K Aug 15, 2024 Direct F1, F2, F3
transaction WRB Common Stock Tax liability -$46.5K -806 -0.08% $57.75 993K Aug 15, 2024 Direct F4, F5
* 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 325,300 shares of common stock beneficially owned by the reporting person resulting from the Stock Split, including 204,995 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 631,650 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.