Form 4: American Coastal Insurance Corp: Officer Griffith Reports Stock Transactions

Christopher Griffith, Chief Operating Officer of American Coastal Insurance Corp, reports the vesting and disposal of performance stock units, restricted stock units, and dividend equivalent units.

Summary

• On April 3, 2025, Christopher Griffith, the Chief Operating Officer of American Coastal Insurance Corp, reported transactions involving the company's stock.
• These transactions included the vesting of 13,400 common stock shares, the disposal of 4,094 common stock shares at $11.08, and the vesting of derivative securities.
• The derivative securities included 6,428 performance stock units, 3,214 restricted stock units, 136 dividend equivalent units related to restricted stock units, and 272 dividend equivalent units related to performance stock units.
• Following these transactions, Griffith directly owns 133,962 shares of common stock, 62,371 performance stock units, 36,577 restricted stock units, 1,543 dividend equivalent units related to restricted stock units, and 2,631 dividend equivalent units related to performance stock units.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing, so the sentiment is neither positive nor negative.

Industry Context

This filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency into the trading activities of key personnel and their holdings in the company.

Stakeholder Impact

• The filing provides transparency to shareholders regarding insider transactions.

Key Dates

Keywords

Form 4, Beneficial Ownership, Christopher Griffith, American Coastal Insurance Corp, ACIC, Stock Units, Restricted Stock Units, Performance Stock Units, Dividend Equivalent Units, Insider Trading