American Coastal Insurance (ACIC) COO Griffith acquired 12,838 shares
Stocks in this Quantisnow insightFinance
Insider transactions reported
Christopher Griffith (Chief Operating Officer at American Coastal Insurance Corporation, ACIC) reported that they acquired 12,838 shares, and gave up 4,751 shares at $10.85 to cover taxes or an exercise price on May 7, 2026. After these transactions the filing shows 140,724 shares held directly.
- Reporting person
- Griffith Christopher
- Role
- Chief Operating Officer
| Date | Type | Security | Shares | Price | Value | Held after |
|---|---|---|---|---|---|---|
| May 7, 2026 | Exercise or conversion of a derivative (M) | Common Stock | +12,838 | - | - | 145,475 direct |
| May 7, 2026 | Shares withheld for taxes or exercise price (F) | Common Stock | -4,751 | $10.85 | $51.5K | 140,724 direct |
Options and other derivatives
| Date | Type | Security | Shares | Price | Value | Held after |
|---|---|---|---|---|---|---|
| May 7, 2026 | Exercise or conversion of a derivative (M) | Restricted Stock UnitsOn 3,010 Common Stock1, 2 | -3,010 | - | - | 9,233 direct |
| May 7, 2026 | Exercise or conversion of a derivative (M) | Performance Stock UnitsOn 6,019 Common Stock1, 3, 4 | -6,019 | - | - | 18,467 direct |
| May 7, 2026 | Exercise or conversion of a derivative (M) | Dividend Equivalent UnitsOn 599 Common Stock1, 5, 6 | -599 | avg $11.31 | $6,775 | 1,242 direct |
Holdings before and after
- Common Stock: 132,637 to 140,724 direct
- Restricted Stock Units: 12,243 to 9,233 direct
- Performance Stock Units: 24,486 to 18,467 direct
- Dividend Equivalent Units: 821 to 1,242 direct
Footnotes from the filing
- 1. Each stock unit represents a conditional right to receive one share of the company's common stock.
- 2. 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.
- 3. 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.
- 4. 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.
- 5. The dividend equivalent units will vest proportionately with the underlying restricted stock units to which they relate.
- 6. The dividend equivalent units will vest proportionately with the underlying performance stock units to which they relate.
Transaction codes in this filing
- Exercise or conversion of a derivative:
- Code M marks the exercise or conversion of an option or other derivative under an exempt plan.
- Shares withheld for taxes or exercise price:
- Code F marks shares handed back or withheld to pay taxes or an exercise price. No sale happens in the market.
FAQ
What did Griffith report in this ACIC Form 4?
Christopher Griffith (Chief Operating Officer at American Coastal Insurance Corporation, ACIC) reported that they acquired 12,838 shares, and gave up 4,751 shares at $10.85 to cover taxes or an exercise price on May 7, 2026. After these transactions the filing shows 140,724 shares held directly.
How many ACIC shares does Griffith hold after this filing?
The filing shows 140,724 shares held directly after the reported transactions. Form 4 reports only the positions it lists, so this may not be every holding.
What does transaction code M mean on an SEC Form 4?
Code M marks the exercise or conversion of an option or other derivative under an exempt plan.
Historical context for ACIC
Across the 11 sessions after earlier ACIC headlines, the stock closed higher 3 times and lower 8 times, with a median move of 1.7% in either direction. This shows timing only: many things move a stock in a session, and these figures do not show that any headline caused a move.
| Session | Earlier headline | ACIC | SPY |
|---|---|---|---|
| May 6, 2026 | American Coastal Insurance Corporation Reports Financial Results for Its First Quarter Ended March 31, 2026 | -12.0% | +1.4% |
| Apr 22, 2026 | American Coastal Insurance Corporation Schedules First Quarter Financial Results and Conference Call | -1.5% | +1.0% |
| Mar 18, 2026 | American Coastal Insurance Corporation Announces the Completion of $5 Million in Common Stock Share Repurchases | -1.3% | -1.4% |
| Feb 23, 2026 | American Coastal Insurance Corporation Announces the Appointment of Troy Crawford as Chief Underwriting Officer | -1.8% | -1.0% |
| Feb 20, 2026 | American Coastal Insurance Corporation Reports Financial Results for Its Fourth Quarter and Year Ended December 31, 2025 | -2.2% | +0.7% |
| Feb 10, 2026 | American Coastal Insurance Corporation Schedules Fourth Quarter and Full Year 2025 Financial Results and Conference Call | +1.5% | -0.3% |
Earlier insider filings at ACIC
- May 11, 2026Chief Financial Officer Castle Svetlana converted options into 8,826 shares and covered exercise/tax liability with 3,532 shares, increasing direct ownership by 48% to 16,390 units (SEC Form 4)
- May 6, 2026President & CEO Martz Brad converted options into 56,464 shares and covered exercise/tax liability with 22,589 shares, increasing direct ownership by 9% to 415,356 units (SEC Form 4)
- May 6, 2026Chief Operating Officer Griffith Christopher converted options into 31,057 shares and covered exercise/tax liability with 11,495 shares, increasing direct ownership by 17% to 132,637 units (SEC Form 4)
- May 6, 2026Secretary Adler Brooke converted options into 23,526 shares and covered exercise/tax liability with 5,935 shares, increasing direct ownership by 18% to 112,874 units (SEC Form 4)
- Apr 7, 2026SEC Form 4 filed by Gray James Andy
Keep researching ACIC
- ACIC insider tradesEvery buy and sale reported by American Coastal Insurance Corporation officers, directors and large holders.
- What is Form 4?The SEC filing that reports a change in an insider's holdings, such as a purchase, sale, option exercise or grant, generally within two business days.
- Form 4 explainedForm 4 is the SEC filing that discloses when officers, directors and 10% owners buy or sell company stock, due within 2 business days. Learn every key field and code.
- Insider trading trackerThe latest insider buys and sales across every stock.
- ACIC earnings historyPast American Coastal Insurance Corporation earnings releases, newest first.
- ACIC financial statementsRevenue, profit, cash flow and balance sheet from American Coastal Insurance Corporation's SEC filings.
Quantisnow market dataNASDAQ
ACIC
American Coastal Insurance Corporation
- Market cap
- 30-day
- Sector
- Finance
- Industry
- Property-Casualty Insurers
Get push alerts for ACIC
Full ACIC profile on Quantisnow Follow ACIC and get a push notification the moment its next story breaks.
Original source Picked up and delivered by Quantisnow in real time