SCHEDULE: Enstar, Elk Insurance Disclose 14.4% Stake in Eagle Point

Enstar Group Limited and Elk Insurance Holdings, LLC jointly disclose a 14.4% beneficial ownership in Eagle Point Income Company, Inc. common shares.

Summary

• Enstar Group Limited, organized in Bermuda, and Elk Insurance Holdings, LLC, organized in Delaware, are jointly filing this Schedule 13G Amendment No. 4.
• The filing reports beneficial ownership in Common Shares, par value $0.001, of Eagle Point Income Company, Inc. (CUSIP 269817102).
• As of September 30, 2025, the reporting persons beneficially own an aggregate of 3,819,656 shares.
• This represents 14.4% of the class, calculated based on 26,514,399 shares outstanding as of June 30, 2025, as disclosed by the Issuer on August 12, 2025.
• The shares are held by wholly-owned indirect subsidiaries of Enstar, including Clarendon National Insurance Company (1,756,619 shares), Enstar Holdings (US) LLC (1,160,719 shares), Yosemite Insurance Company (663,590 shares), and Cavello Bay Reinsurance Limited (238,728 shares).
• Enstar is indirectly controlled by Elk Insurance Holdings, LLC through a series of intermediate holding companies.

Sentiment

Score: 6

Explanation: The filing is a factual disclosure of significant beneficial ownership, which is generally neutral but can be interpreted as a vote of confidence from institutional investors.

Stakeholder Impact

• Shareholders are informed of significant institutional ownership in the company.

Key Dates

Recommendation

This Schedule 13G filing is a routine disclosure of beneficial ownership by Enstar Group Limited and Elk Insurance Holdings, LLC, indicating a 14.4% stake in Eagle Point Income Company, Inc. It does not contain new financial performance data, strategic updates, or other information that would fundamentally alter the investment thesis. The significant institutional ownership is a known factor, and this amendment primarily updates the filing without suggesting a change in investment strategy for the reporting entities. Therefore, a 'hold' recommendation is appropriate as there's no new information to warrant a change in position based solely on this filing.

Keywords

Eagle Point Income Company, Enstar Group Limited, Elk Insurance Holdings, Schedule 13G, beneficial ownership, common shares, institutional ownership