Form 4: Daniel Peed Reports Changes in Beneficial Ownership of American Coastal Insurance Corp (ACIC)
SEC Form 4
Daniel Peed, a director and 10% owner of American Coastal Insurance Corp, reports changes in beneficial ownership, including the acquisition of 5,000 shares and adjustments to indirect holdings.
Summary
- On May 19, 2025, Daniel Peed acquired 5,000 shares of American Coastal Insurance Corp common stock at $0.
- Following the transaction, Peed directly owns 1,981,936 shares.
- Peed also indirectly owns 11,876,563 shares through Peed FLP1, Ltd., L.L.P., a limited liability partnership wholly owned by him.
- The reporting person no longer has a reportable beneficial interest in the shares owned by Leah Anneberg Peed.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, so the sentiment is neutral.
Industry Context
This filing is a routine disclosure related to changes in beneficial ownership by a company insider, as required by the SEC. It provides transparency to the market regarding the holdings and transactions of key individuals within American Coastal Insurance Corp.
Stakeholder Impact
- The change in ownership may be of interest to shareholders as it reflects the actions of a key insider.
Key Dates
| Date | Description |
|---|---|
| 05/19/2025 | Date of transaction: acquisition of 5,000 shares of common stock. |
| 05/21/2025 | Date of signature for the report. |
Keywords
beneficial ownership, Form 4, ACIC, American Coastal Insurance Corp, Daniel Peed, shares, stock
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