American Coastal (ACIC) CEO Brad Martz Buys 10,000 Shares

What Happened
Brad Martz, President & CEO of American Coastal Insurance Corp (ACIC), acquired 10,000 shares on September 22, 2026. The transaction was reported as a purchase (code P) at $9.15 per share, for a total cost of $91,500. Insider purchases are often considered more informative than routine sales because they show executives buying company stock.

Key Details

• Transaction date: 2026-09-22
• Report filed: 2026-09-24 (filed within the standard two-business-day Form 4 window)
• Shares purchased: 10,000
• Price per share: $9.15
• Total value: $91,500
• Shares owned after transaction: Not specified in the filing
• Footnote: Shares are held in the name of "Bennett B. Martz IRA" (indicates the shares were acquired into an IRA account)
• Transaction type per filing: Open market or private purchase (P)

Context
This was a straight purchase (not an option exercise, gift, or award). Because the shares were recorded in an IRA, the holding may be for retirement rather than short-term trading. No late filing was indicated; the Form 4 was submitted two days after the transaction, which is within the usual reporting window.