person · Reporting owner

LEDBETTER BRADFORD LUKE

Disclosed activity across 2 companies

Tapewire entity: 56882
SEC CIK: 0001632716

Reported relationships

Latest disclosed role at each company.

Company	Last reported as	Report date	Published
Kestrel Group LtdKG · Entity 7123	Director · Chief Executive Officer · 10% owner	March 18, 2026	March 20, 2026

Disclosed balances

About these balances

Latest available filing per company, not a reconstructed current portfolio. Matching sequences show the last reported balance with all source rows expandable; grouping alone does not establish account ownership. Do not add unresolved positions together. Filings may omit unchanged positions, and amendments may correct only part of an older disclosure. Jointly reported shares are not necessarily this owner's personal holdings.

Kestrel Group Ltd

Report date March 18, 2026 · Filed March 20, 2026

Security / award	Ownership account	Disclosed shares / units	Disclosure context
Common SharesSEC Table I · non-derivative	Direct	133,039	Ending reported balance After 2026-03-18 transaction · row 3 3 source rows · reconciled sequence Row 1 · 2026-03-18 · Grant · Acquired 97,192 · Balance 97,192 F1: Represents shares issued pursuant to a Restricted Share Award ('RSA') that contains vesting and forfeiture restrictions. The shares vest in substantially equal installments with the first installment vested on the date of grant and the remaining installments vesting on the first two anniversaries of the date of grant. Row 2 · 2026-03-18 · Grant · Acquired 48,596 · Balance 145,788 F2: Represents shares issued pursuant to an RSA that contains vesting and forfeiture restrictions. The shares will vest in substantially equal installments on the first three anniversaries of the date of grant. Row 3 · 2026-03-18 · Tax withholding · Disposed 12,749 · Balance 133,039 F3: Represents shares withheld by the Issuer to satisfy tax withholding obligations that arose in connection with a vesting and settlement event from a RSA. Not an open market sale of securities.
Common SharesSEC Table I · non-derivative	IndirectSee footnote	452,941	Reported balance Holding disclosure · report date 2026-03-18 · row 4 Holding and transaction disclosures are not merged. 1 source row Row 4 · Balance 452,941 F4: Represents securities held by Bradford Luke Ledbetter 2006 Grantor Trust No. 2, of which the reporting person is the trustee.
Common SharesSEC Table I · non-derivative	IndirectSee footnote	452,941	Reported balance Holding disclosure · report date 2026-03-18 · row 5 Holding and transaction disclosures are not merged. 1 source row Row 5 · Balance 452,941 F5: Represents securities held by Shari Ann Ledbetter Irrevocable 2019 Trust, of which the reporting person is the trustee.

Filing footnotes · ownership attribution and instrument terms

F1: Represents shares issued pursuant to a Restricted Share Award ('RSA') that contains vesting and forfeiture restrictions. The shares vest in substantially equal installments with the first installment vested on the date of grant and the remaining installments vesting on the first two anniversaries of the date of grant.

F2: Represents shares issued pursuant to an RSA that contains vesting and forfeiture restrictions. The shares will vest in substantially equal installments on the first three anniversaries of the date of grant.

F3: Represents shares withheld by the Issuer to satisfy tax withholding obligations that arose in connection with a vesting and settlement event from a RSA. Not an open market sale of securities.

F4: Represents securities held by Bradford Luke Ledbetter 2006 Grantor Trust No. 2, of which the reporting person is the trustee.

F5: Represents securities held by Shari Ann Ledbetter Irrevocable 2019 Trust, of which the reporting person is the trustee.

Past disclosures · reporting ended (1)

No longer tracked through insider filings. These historical balances do not imply present ownership or a zero position.

State National Companies, Inc.

Report date November 17, 2017 · Filed November 17, 2017

Section 16 reporting ended · disclosed 2017-11-17. Current position is not established by this disclosure.

Security / award	Ownership account	Disclosure context
Common StockSEC Table I · non-derivative	Direct	Ending reported balance After 2017-11-17 transaction · row 2 2 source rows · reconciled sequence Row 1 · 2017-11-17 · Disposition to issuer · Disposed 25,711 · Balance 7,188 F1: Disposed of pursuant to the Agreement and Plan of Merger ("merger agreement"), dated as of July 26, 2017, by and among Issuer, Markel Corporation and Markelverick Corporation for a cash payment of the per share price noted. Row 2 · 2017-11-17 · Disposition to issuer · Disposed 7,188 · Balance 0
Common StockSEC Table I · non-derivative	IndirectBy Trust	Reported balance After 2017-11-17 transaction · row 3 Account identity is unresolved; indirect or unspecified ownership is not merged. 1 source row Row 3 · 2017-11-17 · Disposition to issuer · Disposed 5,608,272 · Balance 0 F1: Disposed of pursuant to the Agreement and Plan of Merger ("merger agreement"), dated as of July 26, 2017, by and among Issuer, Markel Corporation and Markelverick Corporation for a cash payment of the per share price noted. F2: Represents the following shares beneficially owned by Bradford Luke Ledbetter ("Luke Ledbetter"): (i) 648,120 shares held by the Bradford Luke Ledbetter 1999 Grantor Trust No. 2 for which Luke Ledbetter serves as co-trustee with Lonnie K. Ledbetter III, with whom he shares voting and dispositive power over such shares; (ii) 3,499,476 shares held by the following trusts for which he serves as co-trustee with Terry Lee Ledbetter, Jr. ("Terry Ledbetter, Jr."), with whom he shares voting power over such shares and with whom, together with an independent trustee, he shares dispositive power over such shares: (A) 986,794 shares held by the Bradford Luke Ledbetter 2006 Grantor Trust No. 2; (B) 910,432 shares held by the Bradford Luke Ledbetter 2010 Grantor Trust No. 2; (C) 996,540 shares held by the Terry Lee Ledbetter, Jr. 2006 Grantor Trust No. 2; and (D) 605,710 shares held by the Terry Lee Ledbetter, Jr. 2010 Grantor Trust No. 2; (iii) 601,344 shares held by the (continued in footnote 3). F3: Terry Ledbetter, Jr. 1999 Trust No. 2 for which he serves as co-trustee with Terry Ledbetter, Jr., with whom he share voting and dispositive power over such shares; and (iv) 859,332 shares held by The Terry Ledbetter Family and Charitable Irrevocable 2012 Trust for which Luke Ledbetter serves as sole trustee and has sole voting and dispositive power over such shares.
OptionsSEC Table II · derivative / convertible security · Conversion / exercise price $10.00 · Expires 2024-06-25	Direct	Reported balance After 2017-11-17 transaction · row 4 Instrument identity requires review; Table II rows are not merged. 1 source row Row 4 · 2017-11-17 · Disposition to issuer · Disposed 284,900 · Balance 0 F4: In connection with the closing under the merger agreement, each option was cancelled in the merger in exchange for a cash payment of $3,133,900, representing the difference between $21.00 and the exercise price. F5: The stock options vested in three equal annual installments beginning 06/25/2015.

Filing footnotes · ownership attribution and instrument terms

F1: Disposed of pursuant to the Agreement and Plan of Merger ("merger agreement"), dated as of July 26, 2017, by and among Issuer, Markel Corporation and Markelverick Corporation for a cash payment of the per share price noted.

F2: Represents the following shares beneficially owned by Bradford Luke Ledbetter ("Luke Ledbetter"): (i) 648,120 shares held by the Bradford Luke Ledbetter 1999 Grantor Trust No. 2 for which Luke Ledbetter serves as co-trustee with Lonnie K. Ledbetter III, with whom he shares voting and dispositive power over such shares; (ii) 3,499,476 shares held by the following trusts for which he serves as co-trustee with Terry Lee Ledbetter, Jr. ("Terry Ledbetter, Jr."), with whom he shares voting power over such shares and with whom, together with an independent trustee, he shares dispositive power over such shares: (A) 986,794 shares held by the Bradford Luke Ledbetter 2006 Grantor Trust No. 2; (B) 910,432 shares held by the Bradford Luke Ledbetter 2010 Grantor Trust No. 2; (C) 996,540 shares held by the Terry Lee Ledbetter, Jr. 2006 Grantor Trust No. 2; and (D) 605,710 shares held by the Terry Lee Ledbetter, Jr. 2010 Grantor Trust No. 2; (iii) 601,344 shares held by the (continued in footnote 3).

F3: Terry Ledbetter, Jr. 1999 Trust No. 2 for which he serves as co-trustee with Terry Ledbetter, Jr., with whom he share voting and dispositive power over such shares; and (iv) 859,332 shares held by The Terry Ledbetter Family and Charitable Irrevocable 2012 Trust for which Luke Ledbetter serves as sole trustee and has sole voting and dispositive power over such shares.

F4: In connection with the closing under the merger agreement, each option was cancelled in the merger in exchange for a cash payment of $3,133,900, representing the difference between $21.00 and the exercise price.

F5: The stock options vested in three equal annual installments beginning 06/25/2015.

Transaction history

JSON API

Purchases/sales include open-market and private transactions. Plan disclosure applies to the filing; individual rows may differ. “Not disclosed” is not “unplanned.”

The cutoff filters transaction history only. Company summaries and owner relationships show the latest available disclosures. Parser corrections can improve historical records.

Transaction date	Company	Activity / security	Shares / units	Reported price	Reported value	Details
March 18, 2026 Filed Mar 20, 2026 23:46 UTC	Kestrel Group Ltd KG · Entity 7123	Tax withholdingCommon Shares	12,749	$9.96	$126,980.04	Disclosure SEC source: 0001628280-26-020292 · wk-form4_1774050414.xml · nonDerivative · entry 3 LEDBETTER BRADFORD LUKE · CIK 0001632716 · Director · Chief Executive Officer · 10% owner 10b5-1 filing: No plan indicated Ownership: Direct Disclosed balance after: 133,039 F3 · shares: Represents shares withheld by the Issuer to satisfy tax withholding obligations that arose in connection with a vesting and settlement event from a RSA. Not an open market sale of securities. Read SEC document
March 18, 2026 Filed Mar 20, 2026 23:46 UTC	Kestrel Group Ltd KG · Entity 7123	GrantCommon Shares	48,596	$0.00	$0.00	Disclosure SEC source: 0001628280-26-020292 · wk-form4_1774050414.xml · nonDerivative · entry 2 LEDBETTER BRADFORD LUKE · CIK 0001632716 · Director · Chief Executive Officer · 10% owner 10b5-1 filing: No plan indicated Ownership: Direct Disclosed balance after: 145,788 F2 · shares: Represents shares issued pursuant to an RSA that contains vesting and forfeiture restrictions. The shares will vest in substantially equal installments on the first three anniversaries of the date of grant. Read SEC document
March 18, 2026 Filed Mar 20, 2026 23:46 UTC	Kestrel Group Ltd KG · Entity 7123	GrantCommon Shares	97,192	$0.00	$0.00	Disclosure SEC source: 0001628280-26-020292 · wk-form4_1774050414.xml · nonDerivative · entry 1 LEDBETTER BRADFORD LUKE · CIK 0001632716 · Director · Chief Executive Officer · 10% owner 10b5-1 filing: No plan indicated Ownership: Direct Disclosed balance after: 97,192 F1 · shares: Represents shares issued pursuant to a Restricted Share Award ('RSA') that contains vesting and forfeiture restrictions. The shares vest in substantially equal installments with the first installment vested on the date of grant and the remaining installments vesting on the first two anniversaries of the date of grant. Read SEC document
May 27, 2025 Filed May 30, 2025 01:59 UTC	Kestrel Group Ltd KG · Entity 7123	GrantCommon Shares	905,882	Not disclosed	Not disclosed	Disclosure SEC source: 0001104659-25-054428 · tm2516523-5_4seq1.xml · nonDerivative · entry 1 LEDBETTER BRADFORD LUKE · CIK 0001632716 · Director · Chief Executive Officer · 10% owner 10b5-1 filing: No plan indicated Ownership: Indirect · See footnote Disclosed balance after: 905,882 F1 · price: On May 27, 2025, pursuant to that certain Combination Agreement (as amended, the "Combination Agreement"), dated as of December 29, 2024, by and between Kestrel Group, LLC ("Kestrel"), all of the equityholders of Kestrel, Maiden Holdings, Ltd. ("Maiden"), Ranger U.S. Newco LLC, Ranger Bermuda Merger Sub Ltd, Ranger Merger Sub 2 LLC and Kestrel Group Ltd (f/k/a Ranger Bermuda Topco Ltd) (the "Issuer"), Maiden became a wholly-owned subsidiary of the Issuer (the "Merger"). In connection with the Merger, the Kestrel equityholders received an aggregate of $40,000,000 in cash and 2,750,000 Issuer common shares. The reported amount represents the reporting person's proportionate interest in the 2,750,000 Issuer common shares issued to the Kestrel equityholders. F2 · ownership.nature: Represents securities held by Kestrel Intermediate Ledbetter Holdings LLC ("KILH"). The reporting person is the trustee of (i) the Bradford Luke Ledbetter 2006 Grantor Trust No. 2 (which holds a 25% interest in KILH) and (ii) the Shari Ann Ledbetter Irrevocable 2019 Trust (which holds a 25% interest in KILH). Read SEC document
November 17, 2017 Filed Nov 17, 2017 16:22 UTC	State National Companies, Inc. SNC · Entity 171795	Disposition to issuerOptions · Derivative	284,900	$11.00 Strike: $10.00	$3,133,900.00	Disclosure SEC source: 0001209191-17-061474 · doc4.xml · derivative · entry 4 LEDBETTER BRADFORD LUKE · CIK 0001632716 · Executive Vice President 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 0 Underlying: Common Stock · 284,900 shares Expires 2024-06-25 F4 · kind: In connection with the closing under the merger agreement, each option was cancelled in the merger in exchange for a cash payment of $3,133,900, representing the difference between $21.00 and the exercise price. F4 · price: In connection with the closing under the merger agreement, each option was cancelled in the merger in exchange for a cash payment of $3,133,900, representing the difference between $21.00 and the exercise price. F5 · derivative.exercise_date: The stock options vested in three equal annual installments beginning 06/25/2015. Read SEC document
November 17, 2017 Filed Nov 17, 2017 16:22 UTC	State National Companies, Inc. SNC · Entity 171795	Disposition to issuerCommon Stock	5,608,272	$21.00	$117,773,712.00	Disclosure SEC source: 0001209191-17-061474 · doc4.xml · nonDerivative · entry 3 LEDBETTER BRADFORD LUKE · CIK 0001632716 · Executive Vice President 10b5-1 filing: Not disclosed Ownership: Indirect · By Trust Disclosed balance after: 0 F1 · kind: Disposed of pursuant to the Agreement and Plan of Merger ("merger agreement"), dated as of July 26, 2017, by and among Issuer, Markel Corporation and Markelverick Corporation for a cash payment of the per share price noted. F2 · shares: Represents the following shares beneficially owned by Bradford Luke Ledbetter ("Luke Ledbetter"): (i) 648,120 shares held by the Bradford Luke Ledbetter 1999 Grantor Trust No. 2 for which Luke Ledbetter serves as co-trustee with Lonnie K. Ledbetter III, with whom he shares voting and dispositive power over such shares; (ii) 3,499,476 shares held by the following trusts for which he serves as co-trustee with Terry Lee Ledbetter, Jr. ("Terry Ledbetter, Jr."), with whom he shares voting power over such shares and with whom, together with an independent trustee, he shares dispositive power over such shares: (A) 986,794 shares held by the Bradford Luke Ledbetter 2006 Grantor Trust No. 2; (B) 910,432 shares held by the Bradford Luke Ledbetter 2010 Grantor Trust No. 2; (C) 996,540 shares held by the Terry Lee Ledbetter, Jr. 2006 Grantor Trust No. 2; and (D) 605,710 shares held by the Terry Lee Ledbetter, Jr. 2010 Grantor Trust No. 2; (iii) 601,344 shares held by the (continued in footnote 3). F3 · shares: Terry Ledbetter, Jr. 1999 Trust No. 2 for which he serves as co-trustee with Terry Ledbetter, Jr., with whom he share voting and dispositive power over such shares; and (iv) 859,332 shares held by The Terry Ledbetter Family and Charitable Irrevocable 2012 Trust for which Luke Ledbetter serves as sole trustee and has sole voting and dispositive power over such shares. F1 · price: Disposed of pursuant to the Agreement and Plan of Merger ("merger agreement"), dated as of July 26, 2017, by and among Issuer, Markel Corporation and Markelverick Corporation for a cash payment of the per share price noted. Read SEC document
November 17, 2017 Filed Nov 17, 2017 16:22 UTC	State National Companies, Inc. SNC · Entity 171795	Disposition to issuerCommon Stock	7,188	$0.00	$0.00	Disclosure SEC source: 0001209191-17-061474 · doc4.xml · nonDerivative · entry 2 LEDBETTER BRADFORD LUKE · CIK 0001632716 · Executive Vice President 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 0 Read SEC document
November 17, 2017 Filed Nov 17, 2017 16:22 UTC	State National Companies, Inc. SNC · Entity 171795	Disposition to issuerCommon Stock	25,711	$21.00	$539,931.00	Disclosure SEC source: 0001209191-17-061474 · doc4.xml · nonDerivative · entry 1 LEDBETTER BRADFORD LUKE · CIK 0001632716 · Executive Vice President 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 7,188 F1 · kind: Disposed of pursuant to the Agreement and Plan of Merger ("merger agreement"), dated as of July 26, 2017, by and among Issuer, Markel Corporation and Markelverick Corporation for a cash payment of the per share price noted. F1 · price: Disposed of pursuant to the Agreement and Plan of Merger ("merger agreement"), dated as of July 26, 2017, by and among Issuer, Markel Corporation and Markelverick Corporation for a cash payment of the per share price noted. Read SEC document
March 24, 2017 Filed Mar 28, 2017 16:40 UTC	State National Companies, Inc. SNC · Entity 171795	GrantCommon Stock	10,444	$0.00	$0.00	Disclosure SEC source: 0001104659-17-019708 · a4.xml · nonDerivative · entry 1 LEDBETTER BRADFORD LUKE · CIK 0001632716 · Executive Vice President 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 32,899 F1 · shares: Represents 6,963 shares of restricted stock granted on March 24, 2017 that are subject to performance-based vesting tied to growth rate of earnings per share and revenue measured against certain financial goals for the 36-month performance period consisting of calendar years 2017-2019, and 3,481 shares of restricted stock granted on March 24, 2017 that are subject to performance-based vesting based on 2017 net income and continued service, vesting 33 1/3% of the original award on each of the three anniversaries following the grant date. Read SEC document

Value uses the disclosed total when available, otherwise shares × reported transaction price. It is not an estimate of exercise cash cost or investment performance.