Form 4: Ambac Financial Group Executive Eisman Reports Stock Transactions
SEC Form 4 Filing
Robert Bryan Eisman, a Senior Managing Director & CAO at Ambac Financial Group, reported the conversion of Restricted Stock Units (RSUs) into common stock and shares withheld for tax obligations on March 13, 2025.
Summary
- On March 13, 2025, Robert Bryan Eisman, a Senior Managing Director & CAO at Ambac Financial Group, Inc., reported transactions involving the company's common stock.
- Eisman converted 1,908 Restricted Stock Units (RSUs) into shares of common stock as part of the settlement of his 2024 Long Term Incentive Plan award.
- Additionally, 687 shares were withheld by the company to cover tax obligations related to the RSU conversion.
- Following these transactions, Eisman directly owns 70,108 shares of Ambac Financial Group, Inc. common stock and 5,604 Restricted Stock Units.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it's a standard regulatory filing detailing stock transactions by an executive. There's no inherent positive or negative implication.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC when company insiders, like Robert Bryan Eisman, transact in their company's stock. It provides transparency to the market regarding the actions of company executives.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect routine executive compensation and tax-related stock movements.
Key Dates
| Date | Description |
|---|---|
| 03/13/2025 | Date of the reported transactions: conversion of RSUs to common stock and tax withholding. |
| 03/14/2025 | Date of signature by William J. White, attorney-in-fact. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.