General Counsel Hasley Nancy converted options into 1,898,196 units of Class A Common Shares and bought $10,500 worth of Class A Common Shares (500 units at $21.00) (SEC Form 4)
$ARX
Specialty Insurers
Finance
| FORM 4 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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| Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). | |||||||||||||||||
| Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10. | |||||||||||||||||
1. Name and Address of Reporting Person*
(Street)
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2. Issuer Name and Ticker or Trading Symbol
Accelerant Holdings [ ARX ] |
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
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3. Date of Earliest Transaction
(Month/Day/Year) 07/25/2025 | ||||||||||||||||||||||||||
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4. If Amendment, Date of Original Filed
(Month/Day/Year) |
6. Individual or Joint/Group Filing (Check Applicable Line)
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| Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned | ||||||||||
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| 1. Title of Security (Instr. 3) | 2. Transaction Date (Month/Day/Year) | 2A. Deemed Execution Date, if any (Month/Day/Year) | 3. Transaction Code (Instr. 8) | 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) | 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) | 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 7. Nature of Indirect Beneficial Ownership (Instr. 4) | |||
| Code | V | Amount | (A) or (D) | Price | ||||||
| Class A Common Shares | 07/25/2025 | C | 1,368,640 | A | (1) | 1,368,640 | D | |||
| Class A Common Shares | 07/25/2025 | C | 512,531 | A | (1) | 512,531 | I | By Trust(5) | ||
| Class A Common Shares | 07/25/2025 | C | 17,025 | A | (2) | 1,385,665 | D | |||
| Class A Common Shares | 07/25/2025 | P(3) | 500 | A | $21 | 500 | I | By Spouse | ||
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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||||||||||
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| 1. Title of Derivative Security (Instr. 3) | 2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) | 6. Date Exercisable and Expiration Date (Month/Day/Year) | 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) | 8. Price of Derivative Security (Instr. 5) | 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) | 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 11. Nature of Indirect Beneficial Ownership (Instr. 4) | ||||
| Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
| LP Interests of Accelerant Holdings LP | (1) | 07/25/2025 | C | 34,242,081 | (1) | (1) | Class A Common Shares | 1,368,640 | $0 | 0 | D | ||||
| LP Interests of Accelerant Holdings LP | (1) | 07/25/2025 | C | 50,000 | (1) | (1) | Class A Common Shares | 512,531 | $0 | 0 | I | By Trust(5) | |||
| Convertible Preference Shares | (2) | 07/25/2025 | C | 17,025 | (2) | (2) | Class A Common Shares | 17,025 | $0 | 0 | D | ||||
| Redeemable Preference Shares | (4) | 07/25/2025 | D(4) | 22,190 | (4) | (4) | Common Shares | 22,190 | $31.55 | 0 | D | ||||
| Explanation of Responses: |
| 1. In connection with the Issuer's initial public offering ("IPO"), these limited partnership interests of Accelerant Holdings LP were exchanged for Class A Common Shares of the Issuer in proportion to the economic interests represented by the limited partnership interests. |
| 2. In connection with the Issuer's IPO, these shares of the Issuer's Preference Shares automatically converted into Class A Common Shares of the Issuer at a 1-for-1 conversion rate. |
| 3. These Class A Common Shares were purchased by the Reporting Person's spouse through a directed share program in connection with the Issuer's IPO. |
| 4. In connection with the Issuer's IPO, these Redeemable Preference Shares were redeemed by the Issuer at a redemption price of $31.55 per share. |
| 5. These securities are held in an irrevocable trust over which the Reporting Person exercises investment discretion, and for which the Reporting Person's children are beneficiaries. The Reporting Person disclaims beneficial ownership over these securities, except to the extent of her pecuniary interest therein. |
| /s/ Robert Hardy, Attorney-in-Fact | 07/29/2025 | |
| ** Signature of Reporting Person | Date | |
| Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | ||
| * If the form is filed by more than one reporting person, see Instruction 4 (b)(v). | ||
| ** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). | ||
| Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. | ||
| Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. | ||