International General Insurance Holdings Ltd.·4

Apr 13, 5:18 PM ET

Loucaides Andreas Costas 4

Research Summary

AI-generated summary

Updated

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.