[Form 4] AMERICAN COASTAL INSURANCE Corp Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
AMERICAN COASTAL INSURANCE Corp President & CEO Brad Martz received new equity awards as part of his compensation. He was granted 34,298 nonqualified stock options with an exercise price of $10.59 per share, along with performance and restricted stock units tied to the company’s common stock.
The grants include 51,346 performance stock units and 25,673 restricted stock units, each representing a right to receive one share if conditions are met. All three awards vest over three years in roughly equal annual installments, and the performance units can pay out between 0% and 150% of the stated amount based on performance.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
MARTZ BRAD
Role
President & CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 25,673 | $0.00 | -- |
| Grant/Award | Performance Stock Units | 51,346 | $0.00 | -- |
| Grant/Award | Nonqualified Stock Options | 34,298 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 46,548 shares (Direct, null);
Performance Stock Units — 93,091 shares (Direct, null);
Nonqualified Stock Options — 483,325 shares (Direct, null)
Footnotes (1)
- Each stock unit represents a conditional right to receive one share of the company's common stock. The restricted stock units are subject to vesting over three years with one third, rounded down to the nearest whole share of stock, vesting in each period. The performance units are subject to vesting over three years with one third, rounded down to the nearest whole share of stock, vesting in each period. The number of shares of common stock that will be delivered for each performance stock unit depends on the achievement of certain performance factors. Depending on actual performance, the number of shares of common stock delivered upon the vesting date (based on the terms outlined in the respective award agreement) can range from 0% to 150% of the number presented above. Exercise of the nonqualified award is subject to vesting over three years with one third, rounded down to the nearest whole share of stock, becoming exercisable in each period.
Key Figures
Nonqualified stock options granted: 34,298 options
Option exercise price: $10.59 per share
Performance stock units granted: 51,346 units
+5 more
8 metrics
Nonqualified stock options granted
34,298 options
Grant on 2026-05-12 to President & CEO
Option exercise price
$10.59 per share
Nonqualified stock options
Performance stock units granted
51,346 units
Grant on 2026-05-12, 3-year vesting
Restricted stock units granted
25,673 units
Grant on 2026-05-12, 3-year vesting
PSU payout range
0%–150% of units
Delivered shares depend on performance factors
Options after transaction
483,325 options
Nonqualified stock options held directly after grant
PSUs after transaction
93,091 units
Performance stock units held directly after grant
RSUs after transaction
46,548 units
Restricted stock units held directly after grant
Key Terms
Nonqualified Stock Options, Performance Stock Units, Restricted Stock Units, vesting, +2 more
6 terms
Nonqualified Stock Options financial
"security_title: "Nonqualified Stock Options""
A nonqualified stock option is a company-issued right that lets an employee or contractor buy shares later at a preset price, like a coupon to purchase stock regardless of the market price. It matters to investors because when the option is used the recipient owes ordinary-income tax on the difference between market and preset price, which affects the holder’s financial decisions and can change the company’s share count and reported expenses.
Performance Stock Units financial
"security_title: "Performance Stock Units""
Performance stock units are a type of company award that grants employees shares of stock only if certain performance goals are met. They motivate employees to work toward specific company achievements, aligning their interests with those of shareholders. For investors, they can influence a company's future stock supply and reflect management’s confidence in reaching key targets.
Restricted Stock Units financial
"security_title: "Restricted Stock Units""
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
vesting financial
"subject to vesting over three years with one third vesting in each period"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
performance factors financial
"depends on the achievement of certain performance factors"
exercise price financial
"Exercise of the nonqualified award is subject to vesting over three years"
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.