Marc Grandisson, CEO at Arch Capital Group (NASDAQ:ACGL), reported a large insider sell on November 7, according to a new SEC filing.
What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Tuesday showed that Grandisson sold 350,000 shares of Arch Capital Group. The total transaction amounted to $29,903,977.
Arch Capital Group shares are trading down 0.09% at $85.33 at the time of this writing on Wednesday morning.
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