17-02-2017 14:36 via insuranceinsider.com

Jeff Greenberg divests $26mn Validus stake

Former Marsh & McLennan Companies CEO Jeff Greenberg has
divested shares in Bermudian carrier Validus worth nearly $26mn.
In a series of transactions between the 7 and 14 February
Greenberg cashed in the bulk of his stake in the company, according
to US Securities and Exchange Commission (SEC) filings.
The divestitures leave Greenberg with just 3,027 shares in the
company that he owns directly. The stake is currently worth
approximately $177,300, according to Validus' closing share
price yes
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