Joan M. Lammtennant - Jan 1, 2025 Form 4 Insider Report for AMBAC FINANCIAL GROUP INC (AMBC)

Role: Director
Signature: William J. White, attorney in fact
Stock symbol: AMBC
Transactions as of: Jan 1, 2025
Transactions value $: $0
Form type: 4
Date filed: 1/3/2025, 04:04 PM
Previous filing: Oct 1, 2024

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	AMBC	Restricted Stock Units	Award	$0	+3.94K	+4.36%	$0.00	94.2K	Jan 1, 2025	Common Stock	3.94K		Direct	F1, F2

Showing 1 to 1 of 1 entries

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Each restricted stock unit ("RSU") represents a contingent right to receive one share of the common stock of Ambac Financial Group, Inc. (the "Company").
F2	RSUs granted on January 1, 2025 shall vest one year later on January 1, 2026. RSUs that have become vested shall settle and convert into shares of common stock upon the date that the reporting person resigns from, or otherwise ceases to be a member of, the Board of Directors of the Company or upon a "change of control" of the Company.