Adler Brooke 4

What Happened
Adler Brooke, Secretary of American Coastal Insurance Corp (ACIC), was granted a total of 42,991 derivative equity awards on 2026-05-12 in three awards (9,915; 19,830; and 13,246 units). Each award was reported as acquired at $0.00 per unit (compensation grants), so no cash was paid on grant. The awards include stock units, restricted stock units and performance units that are subject to vesting and performance conditions per the filing footnotes.

Key Details

• Transaction date: 2026-05-12; Filing date: 2026-05-14 (timely filing). Transaction code: A (award/grant).
• Award amounts: 9,915; 19,830; and 13,246 units — total 42,991 units; reported price $0.00; total reported cash value $0.
• Vesting: Awards vest over three years with one-third vesting each period (rounded down to whole shares) (footnotes F2, F3, F5).
• Performance units: Payout for performance units depends on achievement of performance metrics and can range from 0% to 150% of the target units (footnote F4).
• Nature of awards: These are derivative/conditional rights to receive common stock (F1); not an open-market purchase or sale.
• Shares owned after transaction: Not disclosed in the provided summary of the filing.
• No indication of a 10b5-1 plan, sale, or tax-withholding disposition reported in the provided details.

Context
These grants are compensation awards, not purchases or sales—meaning they vest over time (and some depend on performance) and do not result in immediate share sales or cash proceeds. For retail investors, such grants signal executive compensation alignment with company performance and retention but do not by themselves indicate insider buying/selling sentiment since delivery and final share amounts depend on vesting and performance outcomes.