Kristi Ann Matus - 29 Sep 2025 Form 4 Insider Report for AMBAC FINANCIAL GROUP INC (AMBC)

Role
Director
Signature
William J. White, attorney in fact
Issuer symbol
AMBC
Transactions as of
29 Sep 2025
Net transactions value
$0
Form type
4
Filing time
30 Sep 2025, 16:25:12 UTC
Previous filing
01 Jul 2025
Next filing
02 Oct 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Matus Kristi Ann Director AMBAC FINANCIAL GROUP, INC., ONE WORLD TRADE CENTER, NEW YORK William J. White, attorney in fact 30 Sep 2025 0001543504

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AMBC Common Stock, par value $0.01 per share Conversion of derivative security $0 +39,179 +435% $0.000000 48,179 29 Sep 2025 Direct F1

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 Conversion of derivative security $0 -39,179 -100% $0.000000 0 29 Sep 2025 Common Stock 39,179 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Upon the closing of the sale of Ambac Assurance Corporation to an entity owned by funds managed by Oaktree Capital Management, L.P., a change of control was triggered causing the Director's Restricted Stock Units to vest and settle.
F2 Each restricted stock unit ("RSU") represents a contingent right to receive one share of the common stock of Ambac Financial Group, Inc. (the "Company").