Form 4: American Coastal Insurance Corp Director Acquires and Disposes of Shares
SEC Form 4 Filing
Director Patrick Maroney reports acquiring 5,000 shares of American Coastal Insurance Corp and disposing of 90,000 shares on May 14, 2024.
Summary
- On May 14, 2024, Patrick Maroney, a director of American Coastal Insurance Corp, acquired 5,000 shares of common stock.
- On the same day, Maroney disposed of 90,000 shares of common stock.
- The acquisition was made at a price of $0 per share.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions by a company director. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. Investors often monitor these filings for insights into management's perspective on the company's stock.
Stakeholder Impact
- Shareholders may be interested in the director's stock transactions as an indicator of confidence in the company's future performance.
Key Dates
| Date | Description |
|---|---|
| 05/14/2024 | Date of transaction: acquisition of 5,000 shares and disposal of 90,000 shares. |
| 05/15/2024 | Date of signature for the Form 4 filing. |
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