Mount Logan (MLCI) Director Allen David Brian Receives RSU Award

What Happened

• Allen David Brian, a director of Mount Logan Capital Inc. (MLCI), was granted 57,554 restricted stock units (RSUs) on 2026-06-22. The Form 4 reports the acquisition price as $0.00 (award/grant). The filing is an amendment to add a Power of Attorney exhibit and does not change the originally reported holdings.

Key Details

• Transaction date: 2026-06-22 (reported originally on 2026-06-23; amended Form 4/A filed 2026-08-25 to add Exhibit 24).
• Transaction type/code: Award/Grant (A) — 57,554 RSUs acquired at $0.00 per share.
• Vesting: Footnote indicates RSUs were granted under the 2025 Omnibus Incentive Plan and will vest in full on the first anniversary of the grant date (F1).
• Ownership reporting: Footnote notes that totals include unvested restricted stock units (F2). The provided excerpt does not state the total shares owned by the reporting person after this transaction.
• Timeliness: The original Form 4 was filed promptly (6/23/2026). The 8/25/2026 filing is an amendment to include the omitted Power of Attorney (Exhibit 24); no change to reported holdings.

Context

• This was a grant of RSUs (an award), not a purchase or sale — RSUs represent a promise of shares if and when they vest and typically do not reflect an immediate cash outlay or sale.
• For retail investors, awards signal compensation or retention incentives rather than direct buying or selling by an insider; vesting one year out means potential future share issuance if vesting conditions are met.