4//SEC Filing
McGinnis Daniel 4
Accession 0001628280-25-043470
CIK 0000874501other
Filed
Sep 30, 8:00 PM ET
Accepted
Oct 1, 4:49 PM ET
Size
8.7 KB
Accession
0001628280-25-043470
Insider Transaction Report
Form 4
McGinnis Daniel
Sr. MD & COO
Transactions
- Conversion
Common Stock
2025-09-29+29,832→ 48,288 total - Tax Payment
Common Stock
2025-09-29$9.72/sh−10,053$97,715→ 38,235 total - Conversion
Deferred Share Units
2025-09-29−29,832→ 0 total→ Common Stock (29,832 underlying)
Footnotes (3)
- [F1]Upon the closing of the sale of Ambac Assurance Corporation by Ambac Financial Group to an entity owned by funds managed by Oaktree Capital Management, L.P., a change of control was triggered causing the Reporting Person's Deferred Share Units ("DSUs") to vest and settle.
- [F2]Represents the amount of DSUs that were converted into shares of common stock and withheld by the Company to satisfy certain tax withholding obligations.
- [F3]Each DSU represents a contingent right to receive one share of common stock of the Company.
Documents
Issuer
AMBAC FINANCIAL GROUP INC
CIK 0000874501
Entity typeother
Related Parties
1- filerCIK 0001900989
Filing Metadata
- Form type
- 4
- Filed
- Sep 30, 8:00 PM ET
- Accepted
- Oct 1, 4:49 PM ET
- Size
- 8.7 KB