Adler Brooke 4
4 · AMERICAN COASTAL INSURANCE Corp · Filed Apr 7, 2025
Insider Transaction Report
Form 4
Adler Brooke
Secretary
Transactions
- Tax Payment
Common Stock
2025-04-03$11.08/sh−3,581$39,677→ 61,332 total - Exercise/Conversion
Restricted Stock Units
2025-04-03−2,812→ 28,466 total→ Common Stock (2,812 underlying) - Exercise/Conversion
Dividend Equivalent Units
2025-04-03$11.85/sh−119$1,410→ 1,201 total→ Common Stock (119 underlying) - Exercise/Conversion
Common Stock
2025-04-03+11,726→ 64,913 total - Exercise/Conversion
Dividend Equivalent Units
2025-04-03$11.85/sh−238$2,820→ 2,056 total→ Common Stock (238 underlying) - Exercise/Conversion
Performance Stock Units
2025-04-03−5,625→ 48,760 total→ Common Stock (5,625 underlying)
Footnotes (7)
- [F1]Each stock unit represents a conditional right to receive one share of the company's common stock.
- [F2]The performance units are subject to vesting over three years with one third, rounded down to the nearest whole share of stock, vesting in each period.
- [F3]The number of shares of common stock that will be delivered for each performance stock unit depends on the achievement of certain performance factors. Depending on actual performance, the number of shares of common stock delivered upon the vesting date (based on the terms outlined in the respective award agreement) can range from 0% to 150% of the number presented above.
- [F4]The restricted stock units are subject to vesting over three years with one third, rounded down to the nearest whole share of stock, vesting in each period.
- [F5]1, 320 Dividend Equivalent Units previously reported as Restricted Stock Units, based on the underlying unit they related to. Reclassified as Dividend Equivalent Units to enhance visibility.
- [F6]The dividend equivalent units will vest proportionately with the underlying restricted stock units to which they relate.
- [F7]The dividend equivalent units will vest proportionately with the underlying performance stock units to which they relate.