Form 4: American Coastal Insurance Corp: Executive Adler Reports Stock Transactions
SEC Form 4 Filing
Brooke Adler, Secretary of American Coastal Insurance Corp, reports the vesting and disposal of performance stock units, restricted stock units, and dividend equivalent units.
Summary
- On May 4, 2025, Brooke Adler, Secretary of American Coastal Insurance Corp, reported transactions involving the company's stock.
- Adler disposed of 22,065 shares of common stock at $0 and 6,741 shares at $11.69.
- These transactions resulted in Adler owning 76,656 shares of common stock directly.
- Additionally, Adler vested 10,585 performance stock units, 5,293 restricted stock units, 224 dividend equivalent units related to restricted stock units, and 447 dividend equivalent units related to performance stock units.
- Following these transactions, Adler directly owns 38,175 performance stock units, 23,173 restricted stock units, 977 dividend equivalent units related to restricted stock units, and 1,609 dividend equivalent units related to performance stock units.
Sentiment
Score: 5
Explanation: This is a neutral report of stock transactions by an officer. It doesn't inherently indicate positive or negative sentiment about the company's performance.
Industry Context
This filing is a routine disclosure of insider transactions, which is a common practice for publicly traded companies. It provides transparency into the trading activities of company executives.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership, but the overall impact is likely minimal.
Key Dates
| Date | Description |
|---|---|
| 05/04/2025 | Date of earliest transaction and vesting of stock units |
| 05/06/2025 | Date of signature by Attorney-in-Fact |
Keywords
Form 4, Beneficial Ownership, Stock Transactions, Insider Trading, ACIC, American Coastal Insurance Corp, Adler Brooke, Performance Stock Units, Restricted Stock Units, Dividend Equivalent Units
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.