Jabsheh Walid 4

What Happened
Jabsheh Walid, President, CEO and a director of International General Insurance Holdings Ltd. (IGIC), acquired shares under the company’s U.K. Employee Stock Purchase Plan (ESPP) on April 9, 2026. The Form 4 reports: a purchase of 24 shares at $25.31 each (total $608) and an award of 24 matching shares recorded at $0.00 (total $0). The matching shares are subject to vesting.

Key Details

• Transaction date: April 9, 2026; Form 4 filed April 13, 2026 (note: Form 4s are typically due within two business days; this filing was several days after the transaction and may be late).
• Purchase: 24 shares @ $25.31 = $608.
• Matching award: 24 shares @ $0.00 (will be eligible to vest in full on April 9, 2027, subject to continued service).
• Total reported acquired on the form: 48 shares (aggregate cash paid $608).
• Ownership after transaction: not specified in the provided data. The filing notes that all reported shares are held directly by the reporting person, except 99 unvested ESPP shares are held in an employee trust for his benefit. (See footnotes F1–F3.)

Context

• ESPP purchases plus employer matching awards are common employee compensation actions; the purchase is a direct insider buy (small dollar amount) while the matching award vests later and is contingent on continued service.
• These transactions do not indicate immediate sales or cashless option exercises.
• For retail investors: small purchases via ESPP can show routine participation in company programs rather than a strong directional bet by management; the matching shares are time-vested compensation.