IGLESIAS LISA G 4

What Happened Lisa G. Iglesias, a director of Octave Specialty Group, Inc. (OSG), was granted 7,441 restricted stock units (RSUs) on April 1, 2026. The grant was recorded at $0.00 per unit (transaction code A — award/grant; derivative instrument). The RSUs represent contingent rights to receive one share of common stock per RSU upon settlement; no shares were issued or sold in this transaction.

Key Details

• Transaction date: 2026-04-01; filing date/accession: 2026-04-02 (filed the next day; appears timely).
• Award size: 7,441 RSUs; grant price reported as $0.00 (no cash paid).
• Shares owned after transaction: not specified in the Form 4 filing.
• Footnotes: F1 — each RSU converts to one share when settled; F2 — RSUs vest on April 1, 2027 and will settle into shares upon the earlier of vesting or the reporting person leaving the Board, unless settlement is deferred by the reporting person.
• Transaction type: derivative award (RSU grant), code A on Form 4.

Context RSU grants to directors are a common form of equity compensation and are not an open-market purchase or sale. These RSUs do not create immediate share ownership until they vest and settle, so they are not a direct market signal like a purchase or sale.