Peed Daniel 4

What Happened

Daniel Peed, a reported 10% owner of American Coastal Insurance Corp (ACIC), acquired 5,000 shares via an award/grant (transaction code A) on May 26, 2026. The shares were reported as acquired at $0.00 per share (total reported value $0), indicating a grant or similar non‑cash award rather than an open‑market purchase.

Key Details

• Transaction date: 2026-05-26; Form 4 filed: 2026-05-28 (filed within the typical 2-business-day window).
• Transaction type/code: Award/Grant (A).
• Shares acquired: 5,000 at $0.00 per share (reported total $0).
• Shares owned after transaction: not specified in the filing.
• Footnote: Shares are held indirectly through Peed FLP1, Ltd., L.L.P., a limited liability partnership wholly owned by Mr. Peed.
• Remark in filing: The reporting person no longer has a reportable beneficial interest in shares owned by Leah Anneberg Peed that were included in prior reports.

Context

This was an award/grant (not a market purchase or sale). Grants reported at $0 commonly reflect restricted stock or other compensatory transfers and do not indicate an immediate market transaction. As a 10% owner, Mr. Peed’s holdings include indirect ownership through a wholly owned partnership—these filings reflect entity-level holdings and changes rather than routine open-market trading.