Loucaides Andreas Costas 4
4 · International General Insurance Holdings Ltd. · Filed Apr 13, 2026
Research Summary
AI-generated summary of this filing
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.
Insider Transaction Report
- Award
Common Shares
[F1]2026-04-09$25.31/sh+24$608→ 37,864 total - Award
Common Shares
[F2][F3]2026-04-09+24→ 37,888 total
Footnotes (3)
- [F1]Represents common shares purchased by the Reporting Person pursuant to the U.K. Employee Stock Purchase Plan (the "ESPP").
- [F2]Represents an award of matching common shares under the ESPP that will be eligible to vest in full on April 9, 2027, subject to the Reporting Person's continued service through such date.
- [F3]All of the shares reported are held directly by the Reporting Person, except for 99 of the unvested ESPP shares which are held in an employee trust for the benefit of the Reporting Person.