American Coastal director awarded 5,000 shares
DAVIS KERN MICHAEL reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
DAVIS KERN MICHAEL reported acquisition or exercise transactions in this Form 4 filing.
American Coastal Insurance Corp director Michael Kern Davis reported an equity award of company stock. On a Form 4, he received a grant of 5,000 shares of American Coastal common stock as a compensation-related award at a stated price of $0.00 per share.
After this grant, his directly held position increased to 304,564 common shares. The filing also reports 4,626 common shares held indirectly for a first child and 4,626 common shares held indirectly for a second child, reflecting additional family-related holdings reported in his name.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 5,000 shares
Grant/Award
3 txns
Insider
DAVIS KERN MICHAEL
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 5,000 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 304,564 shares (Direct);
Common Stock — 4,626 shares (Indirect, Held by First Child);
Common Stock — 4,626 shares (Indirect, Held by Second Child)
Key Figures
Stock grant: 5,000 shares
Direct holdings after grant: 304,564 shares
Indirect holdings - First Child: 4,626 shares
+1 more
4 metrics
Stock grant
5,000 shares
Common Stock grant coded as A at $0.00 per share
Direct holdings after grant
304,564 shares
Common Stock directly held by Michael Kern Davis after transaction
Indirect holdings - First Child
4,626 shares
Common Stock reported as Held by First Child
Indirect holdings - Second Child
4,626 shares
Common Stock reported as Held by Second Child
Key Terms
Common Stock, indirect ownership, grant or award acquisition, Form 4
4 terms
Common Stock financial
"He received a grant of 5,000 shares of American Coastal common stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
indirect ownership financial
"The filing also reports 4,626 common shares held indirectly for a first child"
grant or award acquisition financial
"The Form 4 reports a grant or award acquisition of 5,000 American Coastal Insurance common shares"
Form 4 regulatory
"On a Form 4, he received a grant of 5,000 shares"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did ACIC director Michael Kern Davis report?
Director Michael Kern Davis reported receiving a grant of 5,000 shares of American Coastal Insurance common stock. The award was recorded at a price of $0.00 per share, indicating a compensation-related equity grant rather than an open-market purchase.
Was the ACIC Form 4 transaction a market purchase or a grant?
The Form 4 reports a grant or award acquisition of 5,000 American Coastal Insurance common shares coded as “A.” This indicates a compensation-related stock award rather than a market purchase, with a reported price per share of $0.00.
How are family holdings of ACIC stock reported for Michael Kern Davis?
The filing lists 4,626 American Coastal Insurance common shares “Held by First Child” and 4,626 shares “Held by Second Child.” These positions are reported as indirect ownership, reflecting family-related holdings associated with the reporting person.
Does the ACIC Form 4 show any insider sales by Michael Kern Davis?
The Form 4 shows no insider sales for Michael Kern Davis. It reports one acquisition via a 5,000-share grant and two holding entries for shares attributed to his first and second children, with no transactions marked as sales.
AI-generated analysis. How Rhea-AI works. Not financial advice.
