BARRANCO DAVID 4
4 · AMBAC FINANCIAL GROUP INC · Filed Mar 4, 2025
Insider Transaction Report
Form 4
BARRANCO DAVID
Senior Managing Director
Transactions
- Exercise/Conversion
Common Stock
2025-02-28+5,725→ 117,530 total - Tax Payment
Common Stock
2025-02-28$9.71/sh−2,370$23,013→ 115,160 total - Exercise/Conversion
Common Stock
2025-03-03+5,214→ 120,374 total - Tax Payment
Common Stock
2025-03-03$9.30/sh−2,099$19,521→ 118,275 total - Exercise/Conversion
Restricted Stock Units
2025-02-28−5,725→ 26,498 total→ Common Stock (5,725 underlying) - Exercise/Conversion
Restricted Stock Units
2025-03-03−5,214→ 21,284 total→ Common Stock (5,214 underlying)
Footnotes (4)
- [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]Represents the amount of RSUs that were converted into shares of common stock and withheld by the Company to satisfy certain tax withholding obligations.
- [F3]Represents the aggregate amount of RSUs that were converted into shares of common stock of the Company upon settlement of a portion of the reporting person's 2022 Long Term Incentive Plan award.
- [F4]Represents the amount of RSUs that were converted into shares of common stock of the Company upon settlement of a portion of the reporting person's 2023 Long Term Incentive Plan award.