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American Coastal director proposes sale of 21,196 shares

AMERICAN COASTAL INSURANCE Corp (ACIC) reports a proposed sale by its director, Brooke Adler, of 21,196 common shares, with an aggregate market value of $193,519.48 and an approximate sale date of September 24, 2026.

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

AMERICAN COASTAL INSURANCE Corp (ACIC) reports a proposed sale by its director, Brooke Adler, of 21,196 common shares, with an aggregate market value of $193,519.48 and an approximate sale date of September 24, 2026. Charles Schwab & Co. is listed as the broker. The shares are identified as restricted stock unit acquisitions from the issuer: 14,820 shares dated May 14, 2024, and 6,376 shares dated May 27, 2024.

Positive

  • None.

Negative

  • None.
Common shares proposed for sale 21,196 shares Approximate sale date: September 24, 2026
Aggregate market value $193,519.48 Proposed sale
Restricted stock unit shares 14,820 shares Dated May 14, 2024
Restricted stock unit shares 6,376 shares Dated May 27, 2024
Shares outstanding 47,269,517 shares Securities information
restricted stock unit financial
"the shares are identified as restricted stock unit acquisitions"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
aggregate market value financial
"aggregate market value of $193,519.48"
Aggregate market value is the combined price you would pay to buy all outstanding shares of a company or all companies in a group at current market prices — essentially the sum of each stock’s market capitalization. It matters to investors because it shows the overall size and weight of an investment or sector (like the total cost to buy every piece of a puzzle), helps compare scale across companies or markets, and influences index composition and risk exposure.
Rule 144 regulatory
"sales required by paragraph (e) of Rule 144"
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many ACIC shares does Brooke Adler propose to sell?

Brooke Adler proposes to sell 21,196 ACIC common shares, with an aggregate market value of $193,519.48 and an approximate sale date of September 24, 2026; Charles Schwab & Co. is listed as the broker.

How were the ACIC shares proposed for sale acquired?

The shares are listed as restricted stock unit acquisitions from the issuer: 14,820 shares dated May 14, 2024, and 6,376 shares dated May 27, 2024.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

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