American Coastal director granted 5,000 shares
Maroney Patrick reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Maroney Patrick reported acquisition or exercise transactions in this Form 4 filing.
American Coastal Insurance Corp director Patrick Maroney received a stock grant. On May 26, 2026, he was awarded 5,000 shares of Common Stock at $0.00 per share as compensation, rather than through a market purchase.
After this award, Maroney directly owns 103,500 shares of American Coastal Insurance Common Stock. The grant increases his holdings by about 5%, reflecting additional equity-based compensation and aligning more of his pay with the company’s share performance.
Positive
- None.
Negative
- None.
Insights
Routine director stock grant increases equity-based compensation modestly.
Director Patrick Maroney received 5,000 shares of American Coastal Insurance Corp Common Stock on May 26, 2026 under transaction code A, which denotes a grant, award, or other acquisition. The price per share was $0.00, confirming this as compensation, not an open-market trade.
Following the grant, Maroney directly holds 103,500 shares, so the award represents a small, incremental increase in his position. Because this is a non-market, compensation-related transaction and no derivative exercises or sales are reported, it is typically viewed as routine and not a strong trading signal.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 5,000 | $0.00 | $0.00 |
Key Figures
Key Terms
Common Stock financial
Grant, award, or other acquisition financial
Form 4 regulatory
equity compensation financial
FAQ
What did ACIC director Patrick Maroney report in this Form 4 filing?
What does transaction code A mean in the ACIC Form 4 for Patrick Maroney?
Does the ACIC Form 4 show any stock options or derivative securities for Patrick Maroney?
AI-generated analysis. How Rhea-AI works. Not financial advice.