DAVIS KERN MICHAEL 4

What Happened
Michael Davis (listed in the filing as DAVIS KERN MICHAEL), a director of American Coastal Insurance Corp (ACIC), purchased a total of 200 shares in two open‑market transactions on March 20, 2026. Each purchase was for 100 shares at $11.05 per share, costing $1,105 each and $2,210 in total. The transactions are purchases (code P), not sales.

Key Details

• Transaction date(s) and price(s): March 20, 2026 — 100 shares @ $11.05 (two separate purchases).
• Total acquired: 200 shares for $2,210.
• Transaction type/code: Open‑market purchases (P).
• Shares owned after transaction: Not disclosed in the provided Form 4.
• Filing date and timeliness: Form filed March 23, 2026; filing appears timely (not marked late).
• Footnotes/plan: No 10b5‑1 plan, tax withholding, or other special footnotes noted in the supplied details.

Context
Insider purchases are often watched by investors as a potential sign of confidence, but this is a relatively small, routine-sized buy (~$2.2k) and should not be overinterpreted on its own. There were no option exercises, gifts, or cashless sales reported with these transactions.