DAVIS KERN MICHAEL 4

What Happened

• Michael Davis, a director of AMERICAN COASTAL INSURANCE Corp (ACIC), made four open-market purchases totaling 800 shares. He bought 4 lots of 200 shares each at prices of $11.23, $11.25, $11.12 and $11.12, for a combined cash outlay of $8,944. Purchases (transaction code P) are purchases of company stock and are often viewed as a bullish signal, though they do not prove future performance.

Key Details

• Transaction dates and prices:
  • 2026-03-18: 200 shares @ $11.23 = $2,246
  • 2026-03-18: 200 shares @ $11.25 = $2,250
  • 2026-03-19: 200 shares @ $11.12 = $2,224
  • 2026-03-19: 200 shares @ $11.12 = $2,224
• Total shares purchased: 800; total value: $8,944.
• Transaction type: Open-market purchases (code P).
• Shares owned after the transaction: Not specified in the provided filing details.
• Filing timeliness: Report filed 2026-03-19 for transactions on 2026-03-18 and 2026-03-19 — appears to be filed promptly (no late-file flag noted).

Context

• These are straightforward open-market purchases by a company director. The dollar amount is relatively modest (~$8.9k), so while it signals insider buying, it’s not a large stake acquisition. No 10b5-1 plan, option exercise, gift, or tax-withholding notes were provided in the supplied details.