IGIC CEO Andreas Loucaides Receives ESPP Shares

What Happened
Loucaides Andreas Costas (CEO, IGI UK) acquired 24 common shares under the U.K. Employee Stock Purchase Plan (ESPP) on 2026-04-09, paying $25.31 per share (total ~$608). On the same date he was also granted 24 matching common shares (reported at $0.00) that are an award and are currently unvested.

Key Details

• Insider: Loucaides Andreas Costas (CEO, IGI UK)
• Transaction date(s): 2026-04-09; Filing date: 2026-04-13 (Form 4 accession 0001213900-26-043073)
• Transactions: A (award/acquisition) — 24 shares @ $25.31 (total $607.44, reported as $608) and 24 shares @ $0.00 (matching award)
• Vesting: Matching shares eligible to vest in full on April 9, 2027, subject to continued service (Footnote F2)
• Plan: Purchase made pursuant to the U.K. ESPP (Footnote F1)
• Holdings after transaction: Not specified in the filing; Footnote F3 notes all reported shares are held directly except 99 unvested ESPP shares held in an employee trust for the Reporting Person’s benefit
• Transaction code: A = Award/Grant/Acquisition

Context
This is a small-dollar ESPP purchase plus a related matching award rather than a sale. ESPP purchases and employer matching awards are common ways insiders acquire stock and often reflect participation in company benefit plans; the matching shares are time-vesting and contingent on continued service through April 9, 2027. The filing reports the details but does not indicate broader intent or market view.