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Accelerant Holdings’ general counsel buys $10,500 in shares

Published 30/07/2025, 01:34
Accelerant Holdings’ general counsel buys $10,500 in shares
ARX
1.80%

Nancy Hasley, General Counsel at Accelerant Holdings (NASDAQ:ARX), has recently purchased 500 shares of Class A Common Shares at $21.0, for a total value of $10,500. The stock currently trades at $28.38, showing a significant appreciation from the insider purchase price. According to InvestingPro analysis, ARX is currently trading above its Fair Value, with a GOOD overall financial health score.

According to a Form 4 filing with the Securities and Exchange Commission, the transaction occurred on July 25, 2025. The purchase was made indirectly through the reporting person’s spouse.

On the same day, Hasley also acquired 1,368,640 Class A Common Shares, 512,531 Class A Common Shares held by trust, and 17,025 Class A Common Shares, as a result of the conversion of derivative securities into common stock.

Additionally, the filing details the conversion of 34,242,081 LP Interests of Accelerant Holdings LP and 50,000 LP Interests of Accelerant Holdings LP held by trust into Class A Common Shares. Also, 17,025 Convertible Preference Shares were converted into Class A Common Shares. The filing also shows the disposition of 22,190 Redeemable Preference Shares at $31.55.

In other recent news, Accelerant Holdings has announced the pricing of its upsized initial public offering at $21.00 per share. The offering includes 34,461,152 Class A common shares, with 20,276,280 shares being offered by Accelerant itself and 14,184,872 shares being sold by existing shareholders. This development marks a significant step for the company as its shares are set to begin trading on the New York Stock Exchange. The trading will occur under the ticker symbol "NYSE:ARX." The offering is anticipated to close on July 25, 2025, pending customary closing conditions. These recent developments are crucial for investors keeping a close eye on the company’s market entry and financial strategies.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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