Form 4: American Coastal Insurance Corp Director Reports Acquisition and Disposal of Shares

Director Alec Poitevint II reports acquiring 5,000 shares and disposing of 190,000 shares of American Coastal Insurance Corp common stock.

Summary

• On May 19, 2025, Alec Poitevint II, a director of American Coastal Insurance Corp, acquired 5,000 shares of common stock at $0.
• On the same day, the director disposed of 190,000 shares of common stock.
• Following these transactions, Mr. Poitevint directly owns 0 shares and indirectly owns 568,944 shares through SEM Minerals, LP, 625,000 shares through Mineral Associates, Inc., 36,000 shares beneficially owned by a dependent grandchild, and 140,000 shares beneficially owned by a spouse.
• The shares held through SEM Minerals, LP are managed by SEM Minerals, Inc., where Mr. Poitevint is the Chairman and President.
• Mr. Poitevint has voting and investment power over the shares held through Mineral Associates, Inc.

Sentiment

Score: 5

Explanation: The sentiment is neutral as it simply reports transactions. The disposal of shares could be seen as slightly negative, but without further context, it's difficult to assess the overall impact.

Negatives

• The director disposed of a significant number of shares (190,000) which could be interpreted negatively by the market.

Industry Context

This filing is a routine disclosure required by the SEC for corporate insiders, providing transparency to the market regarding their transactions in the company's stock.

Stakeholder Impact

• Shareholders may react to the reported transactions, particularly the disposal of a significant number of shares by a director.

Key Dates

Keywords

ACIC, Director, Share Acquisition, Share Disposal, Beneficial Ownership, Form 4, American Coastal Insurance Corp