Maroney Patrick 4
4 · AMERICAN COASTAL INSURANCE Corp · Filed May 28, 2026
Research Summary
AI-generated summary of this filing
American Coastal (ACIC) Director Patrick Maroney Receives 5,000-Share Award
What Happened
Patrick Maroney, a director of American Coastal Insurance Corp (ACIC), received an award/acquisition of 5,000 shares on May 26, 2026. The reported acquisition price is $0.00, indicating a grant or compensation award rather than an open-market purchase or sale. No cash value or total dollar amount is listed in the filing.
Key Details
- Transaction date: 2026-05-26; Form 4 filed: 2026-05-28 (appears timely under Section 16 reporting rules).
- Transaction type/code: A — Grant/Award or other acquisition.
- Shares acquired: 5,000; Price per share reported: $0.00.
- Shares owned after transaction: Not specified in this filing.
- Footnotes/vesting: No vesting schedule, tax withholding, 10b5-1 plan, or other footnotes reported in the summary provided.
Context
Grants to directors are commonly part of compensation (restricted stock, stock awards or similar) and do not reflect an open-market purchase or sale. Because the filing shows an award at $0.00 and no immediate sale, this is a compensation grant rather than a liquidity event. For investors, such awards indicate company compensation practices but do not necessarily signal the director’s personal buying or selling conviction.
Insider Transaction Report
- Award
Common Stock
2026-05-26+5,000→ 103,500 total