secwatch.observer — SEC 8-K summary
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Issuer:     ARCH CAPITAL GROUP LTD. (ACGL)
CIK:        0000947484
Form:       8-K
Filed at:   2024-11-08T23:59:59+00:00
Accession:  0000947484-24-000148
Event type: dividend
Sentiment:  positive
Materiality: 0.90
Item codes: 5.02, 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Arch Capital declares $1.9B special dividend ($5.00/share) and names two Presidents
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- Special cash dividend of $1.9B ($5.00/share) payable Dec 4, 2024 to holders of record Nov 18, 2024.
- David Gansberg and Maamoun Rajeh appointed Presidents effective Nov 7, 2024; Gansberg oversees Insurance, Rajeh Mortgage & Reinsurance.
- Each President receives $900K base salary, 185% target bonus; special equity awards of $21M each (70% stock options, 30% restricted shares).
- CFO Francois Morin receives special equity award of $3M (50% options, 50% restricted shares).
- Preferred dividends declared: Series F $0.340625/depositary share, Series G $0.284375/depositary share, payable Dec 31, 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/947484/000094748424000148/0000947484-24-000148-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/947484/000094748424000148/acgl-20241107.htm
  HTML page:      https://secwatch.observer/filing/0000947484-24-000148

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