American Coastal secretary sells 21,196 shares
After the sale, the Secretary reported 100,175 directly held shares, and no Rule 10b5-1 plan is reported.
Rhea-AI Filing Summary
AMERICAN COASTAL INSURANCE Corp (ACIC) Secretary Adler Brooke sold 21,196 shares of common stock on September 24, 2026, at $9.06 per share. The reported direct holdings after the sale were 100,175 shares. No Rule 10b5-1 plan is reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 21,196 shares
Net Sell
1 txn
Insider
Adler Brooke
Role
Secretary
Sold
21,196 shs ($192K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 21,196 | $9.06 | $192K |
Holdings After Transaction:
Common Stock — 100,175 shares (Direct)
Key Figures
Shares sold: 21,196 shares
Sale price: $9.06 per share
Direct shares after sale: 100,175 shares
3 metrics
Shares sold
21,196 shares
September 24, 2026
Sale price
$9.06 per share
September 24, 2026
Direct shares after sale
100,175 shares
After the September 24, 2026 sale
Key Terms
Rule 10b5-1 plan
1 terms
Rule 10b5-1 plan regulatory
"No Rule 10b5-1 plan is reported"
A Rule 10b5-1 plan is a prearranged, written schedule that lets corporate insiders buy or sell company stock at set times or amounts, even if they later learn material nonpublic information. Think of it like setting an automatic thermostat for trades: it creates a clear record that trades were planned in advance, reducing the risk of insider-trading accusations and helping investors trust that insider transactions are routine rather than based on secret information.
FAQ
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