Form 4: American Coastal Insurance Corp: Executive James Andy Gray Reports Stock Transactions

James Andy Gray, Chief Compliance/Risk Officer of American Coastal Insurance Corp, reports the acquisition and disposal of common stock and derivative securities.

Summary

• On April 3, 2025, James Andy Gray, Chief Compliance/Risk Officer of American Coastal Insurance Corp, reported transactions involving the company's common stock and derivative securities.
• Gray acquired 9,213 shares of common stock and disposed of 3,552 shares at a price of $11.08.
• Following these transactions, Gray beneficially owns 180,173 shares of common stock.
• Gray also reported transactions involving Performance Stock Units, Restricted Stock Units, and Dividend Equivalent Units, all of which vested on April 3, 2025.
• The reported derivative security transactions involved the conversion of Performance Stock Units (4,419), Restricted Stock Units (2,209), and Dividend Equivalent Units (94 and 187) into common stock.
• After these transactions, Gray holds 8,840 Performance Stock Units, 4,421 Restricted Stock Units, and 372 Dividend Equivalent Units.
• Alexander Baty, Attorney-in-Fact for James Gray, signed the report on April 7, 2025.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing, reflecting standard insider trading activity. It doesn't inherently convey positive or negative sentiment.

Industry Context

This filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency to investors regarding the trading activities of key personnel.

Stakeholder Impact

• The filing provides transparency to shareholders regarding insider trading activity.
• It helps maintain investor confidence by ensuring compliance with securities regulations.

Key Dates

Keywords

Form 4, Beneficial Ownership, Stock Transactions, Derivative Securities, American Coastal Insurance Corp, ACIC, James Andy Gray