Form 4: Ambac Financial Group COO Reports Stock Transaction
Insider Transaction (Form 4)
R Sharon Smith, Exec VP & Group COO of Ambac Financial Group Inc, reported multiple transactions in common stock on July 9, 2026.
Summary
- Option exercise/conversion: acquired 11,779 Common Stock on July 9, 2026; holds 160,961 after (Direct).
- Tax/exercise-price withholding: disposed of 4,635 Common Stock at $6.08 ($28,181) on July 9, 2026; holds 156,326 after (Direct).
- Option exercise/conversion: acquired 11,779 Restricted Stock Units on July 9, 2026; holds 132,093 after (Direct).
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as routine: the reported changes are grants, option exercises, tax withholding or similar administrative transactions, which carry limited directional signal.
Insider Transactions
R Sharon Smith — Officer (Exec VP & Group COO)
| Date | Transaction | Security | Shares | Price | Value | Held After |
|---|---|---|---|---|---|---|
| 2026-07-09 | Option exercise/conversion | Common Stock | 11,779 | — | — | 160,961 |
| 2026-07-09 | Tax/exercise-price withholding | Common Stock | 4,635 | $6 | $28.2K | 156,326 |
| 2026-07-09 | Option exercise/conversion | Restricted Stock Units | 11,779 | — | — | 132,093 |
Key Dates
| Date | Description |
|---|---|
| 2026-07-09 | Option exercise/conversion (11,779 shares) |
| 2026-07-09 | Tax/exercise-price withholding (4,635 shares) |
| 2026-07-09 | Option exercise/conversion (11,779 shares) |
Keywords
insider transaction, Form 4, OSG, OCTAVE SPECIALTY GROUP INC, neutral, R Sharon Smith
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