Christopher Griffith - 03 Apr 2025 Form 4 Insider Report for AMERICAN COASTAL INSURANCE Corp (ACIC)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
07 Apr 2025, 16:06:07 UTC
Prior SEC filing
12 Mar 2025
Next SEC filing
06 May 2025
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Alexander Baty, Attorney-in-Fact for Christopher Griffith

Key filing fact

Christopher Griffith filed Form 4 for AMERICAN COASTAL INSURANCE Corp (ACIC) on 07 Apr 2025.

Key facts

  • This page summarizes Christopher Griffith's Form 4 filing for AMERICAN COASTAL INSURANCE Corp (ACIC).
  • 6 reported transactions and 4 derivative rows are listed below.
  • Accepted by SEC: 07 Apr 2025, 16:06.

Change

  • Previous filing in this sequence was filed on 12 Mar 2025.
  • Current net transaction value: -$50,196.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

ACIC transaction

Common Stock

Options Exercise

Transaction value
$0
Shares
+13,400
Change %
+11%
Price
$0.000000
Shares after
138,056
Date
03 Apr 2025
Ownership
Direct
ACIC transaction

Common Stock

Tax liability

Transaction value
$45,362
Shares
-4,094
Change %
-3%
Price
$11.08
Shares after
133,962
Date
03 Apr 2025
Ownership
Direct

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

ACIC transaction Derivative

Performance Stock Units

Options Exercise

Transaction value
$0
Shares
-6,428
Change %
-9.3%
Price
$0.000000
Shares after
62,371
Date
03 Apr 2025
Ownership
Direct
Underlying class
Common Stock
Underlying amount
6,428
Exercise price
Footnotes
F1, F2, F3
ACIC transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
$0
Shares
-3,214
Change %
-8.1%
Price
$0.000000
Shares after
36,577
Date
03 Apr 2025
Ownership
Direct
Underlying class
Common Stock
Underlying amount
3,214
Exercise price
Footnotes
F1, F4, F5
ACIC transaction Derivative

Dividend Equivalent Units

Options Exercise

Transaction value
$1,612
Shares
-136
Change %
-8.1%
Price
$11.85
Shares after
1,543
Date
03 Apr 2025
Ownership
Direct
Underlying class
Common Stock
Underlying amount
136
Exercise price
Footnotes
F1, F5, F6
ACIC transaction Derivative

Dividend Equivalent Units

Options Exercise

Transaction value
$3,223
Shares
-272
Change %
-9.4%
Price
$11.85
Shares after
2,631
Date
03 Apr 2025
Ownership
Direct
Underlying class
Common Stock
Underlying amount
272
Exercise price
Footnotes
F1, F7
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 7 footnotes

Footnote F1

Each stock unit represents a conditional right to receive one share of the company's common stock.

Footnote F2

The performance units are subject to vesting over three years with one third, rounded down to the nearest whole share of stock, vesting in each period.

Footnote F3

The number of shares of common stock that will be delivered for each performance stock unit depends on the achievement of certain performance factors. Depending on actual performance, the number of shares of common stock delivered upon the vesting date (based on the terms outlined in the respective award agreement) can range from 0% to 150% of the number presented above.

Footnote F4

The restricted stock units are subject to vesting over three years with one third, rounded down to the nearest whole share of stock, vesting in each period.

Footnote F5

1, 679 Dividend Equivalent Units previously reported as Restricted Stock Units, based on the underlying unit they related to. Reclassified as Dividend Equivalent Units to enhance visibility.

Footnote F6

The dividend equivalent units will vest proportionately with the underlying restricted stock units to which they relate.

Footnote F7

The dividend equivalent units will vest proportionately with the underlying performance stock units to which they relate.

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