Paulson & Co. Inc. - Sep 3, 2025 Form 4 Insider Report for Acadian Asset Management Inc. (AAMI)

Role: 10%+ Owner
Signature: /s/ Stuart L. Merzer, Stuart L. Merzer, General Counsel & Chief Compliance Officer
Stock symbol: AAMI
Transactions as of: Sep 3, 2025
Transactions value $: -$57,554,152
Form type: 4
Date filed: 9/5/2025, 04:40 PM
Previous filing: Aug 14, 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
PAULSON & CO. INC.	10%+ Owner	15 EXCHANGE PLACE, JERSEY CITY	/s/ Stuart L. Merzer, Stuart L. Merzer, General Counsel & Chief Compliance Officer	2025-09-05	0001035674

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	AAMI	Common Stock, par value $0.001	Sale	-$57.6M	-1.21M	-13.48%	$47.69	7.74M	Sep 3, 2025	By Managed Funds	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Paulson & Co. Inc. ("Paulson") is the investment manager of investment funds (the "Funds"). John Paulson is the controlling person of Paulson. All securities reported on this Form 4 are owned by the Funds.
F2	Each of Paulson and John Paulson may be deemed to indirectly beneficially own the securities directly owned by the Funds. Pursuant to Rule 16a-1(a)(4) under the Securities Exchange Act of 1934, as amended (the "Act"), the filing of this Form 4 shall not be deemed an admission by any person reporting on this Form 4 that such person, for purposes of Section 16 of the Act or otherwise, is the beneficial owner of any equity securities covered by this Form 4.

Content

Paulson & Co. Inc. ("Paulson") is the investment manager of investment funds (the "Funds"). John Paulson is the controlling person of Paulson. All securities reported on this Form 4 are owned by the Funds.

Each of Paulson and John Paulson may be deemed to indirectly beneficially own the securities directly owned by the Funds. Pursuant to Rule 16a-1(a)(4) under the Securities Exchange Act of 1934, as amended (the "Act"), the filing of this Form 4 shall not be deemed an admission by any person reporting on this Form 4 that such person, for purposes of Section 16 of the Act or otherwise, is the beneficial owner of any equity securities covered by this Form 4.