Jarvis Christopher 4
Research Summary
AI-generated summary
IGIC Chief Underwriting Officer Jarvis Christopher Receives Shares
What Happened
- Jarvis Christopher, Chief Underwriting Officer of International General Insurance Holdings Ltd. (IGIC), acquired a total of 48 common shares on April 9, 2026. He purchased 24 shares under the U.K. Employee Stock Purchase Plan (ESPP) at $25.31 each (total reported $608) and was granted 24 matching shares valued at $0.00 (award). The 24 matching shares are eligible to vest in full on April 9, 2027 subject to continued service.
Key Details
- Transaction date: April 9, 2026.
- Purchase: 24 shares at $25.31 each (total reported $608).
- Award: 24 matching shares granted at $0.00; vesting date April 9, 2027 (subject to continued service).
- Shares owned after transaction: not specified in the filing.
- Holding details (footnote): reported shares are held directly by the reporting person, except that 99 of the unvested ESPP shares are held in an employee trust for his benefit.
- Filing timeliness: Form 4 filed April 13, 2026 for the April 9 transaction (appears to be within the SEC’s two-business-day reporting window).
Context
- The purchase was made through an ESPP (employee purchase), and the matching award is a typical employee incentive that vests over time — purchases are often viewed as a clearer sign of direct insider buying than awards. The matching shares do not vest immediately and therefore are subject to service-based vesting.