SCHEDULE: American Coastal Insurance: Peed Group Ownership Update

R. Daniel Peed and Peed FLP1 update their beneficial ownership in American Coastal Insurance Corp to 34.5% following sales by Leah Anneberg Peed.

Summary

• R. Daniel Peed and Peed FLP1, Ltd, L.L.P. (the "Reporting Persons") have updated their beneficial ownership in American Coastal Insurance Corporation.
• The aggregate beneficial ownership of the Reporting Persons is 16,800,173 shares, representing approximately 34.5% of the outstanding Common Stock.
• This amendment is filed due to sales of shares by Leah Anneberg Peed, over which the reporting persons previously held a voting proxy.
• R. Daniel Peed directly owns 1,981,936 shares, representing 4.1% of the outstanding shares.
• Peed FLP1 directly owns 11,876,563 shares, representing 24.4% of the outstanding shares, which are indirectly owned by Mr. Peed.
• Mr. Peed retains voting power over 2,941,674 shares held by Leah Anneberg Peed, representing 6.0% of outstanding shares, via a proxy dated August 2016.
• The beneficial ownership percentages are based on 48,746,722 shares outstanding as of June 30, 2025, as disclosed in the Issuer's Form 10-Q filed on August 7, 2025.

Sentiment

Score: 4

Explanation: The sentiment is slightly negative due to the filing being triggered by sales from a related party, which can be perceived as a reduction in insider alignment, despite the reporting persons maintaining a substantial ownership stake.

Positives

• R. Daniel Peed and Peed FLP1, Ltd, L.L.P. maintain a significant aggregate beneficial ownership of 34.5% in American Coastal Insurance Corp, indicating continued substantial interest.
• R. Daniel Peed retains voting power over 6.0% of shares held by Leah Anneberg Peed, despite her sales, maintaining influence.

Negatives

• The amendment was triggered by sales of shares by Leah Anneberg Peed, a related party, over which the reporting persons previously held a voting proxy, potentially indicating a reduction in the overall pool of shares under the group's influence.

Risks

• No specific risks are detailed in this Schedule 13D filing beyond the inherent risks associated with changes in significant shareholder ownership.

Future Outlook

No forward-looking statements or guidance are provided in this filing.

Management Comments

• No direct quotes or paraphrased statements from company management are included in this filing, as it is an ownership disclosure by a significant shareholder.

Industry Context

This filing is a routine ownership disclosure and does not provide information to analyze broader industry trends or competitive landscape.

Comparison to Industry Standards

• This filing does not contain information suitable for comparison to global benchmarks, comparable companies, projects, or results, as it focuses solely on beneficial ownership changes.

Legal Proceedings

• No litigation or regulatory matters are disclosed in this filing.

Related Party Transactions

• The filing explicitly states it is being filed as a result of sales of shares by Leah Anneberg Peed, over which the reporting persons (R. Daniel Peed and Peed FLP1) had a voting proxy. Leah Anneberg Peed is a related party to R. Daniel Peed.

Stakeholder Impact

• Shareholders: The update on significant beneficial ownership provides transparency regarding the holdings of a major shareholder group. Sales by a related party might raise questions about insider confidence.
• Management: The continued significant stake held by R. Daniel Peed and Peed FLP1 indicates ongoing influence over corporate decisions.

Next Steps

• No specific future actions, events, or milestones are mentioned in this filing.

Key Dates

Recommendation

While the filing indicates sales by a related party, which can be a negative signal, the reporting persons (R. Daniel Peed and Peed FLP1) still maintain a substantial 34.5% beneficial ownership stake in American Coastal Insurance Corp. This significant holding suggests continued long-term interest and influence. Without further information on the company's operational performance or strategic direction, a 'hold' recommendation is appropriate, advising investors to monitor future developments and the company's financial results.

Keywords

American Coastal Insurance, ACIC, Schedule 13D, beneficial ownership, R. Daniel Peed, Peed FLP1, insider ownership, shareholder update, common stock