ACIC officer exercises awards, pays taxes in stock
AMERICAN COASTAL INSURANCE Corp Secretary Brooke Adler reported several equity compensation transactions on May 7, 2026.
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Form Type
4
Rhea-AI Filing Summary
AMERICAN COASTAL INSURANCE Corp Secretary Brooke Adler reported several equity compensation transactions on May 7, 2026. Adler exercised derivative awards, acquiring 11,234 shares of Common Stock, while 2,737 shares were disposed of to cover tax obligations at $10.85 per share. Additional exercises converted performance stock units, restricted stock units, and related dividend equivalent units into common stock. After these mostly routine compensation-related transactions, Adler directly holds 121,371 shares of Common Stock.
Insider Trade Summary
8,425 shares exercised/converted
Exercise
6 txns
Insider
Adler Brooke
Role
Secretary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 2,634 | $0.00 | $0.00 |
| Exercise | Performance Stock Units | 5,267 | $0.00 | $0.00 |
| Exercise | Dividend Equivalent Units | 175 | $11.31 | $2K |
| Exercise | Dividend Equivalent Units | 349 | $11.31 | $4K |
| Exercise | Common Stock | 11,234 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 2,737 | $10.85 | $30K |
Holdings After Transaction:
Restricted Stock Units — 8,079 contracts (Direct);
Performance Stock Units — 16,157 contracts (Direct);
Dividend Equivalent Units — 1,630 contracts (Direct);
Common Stock — 121,371 shares (Direct)
Footnotes (6)
- F1. Each stock unit represents a conditional right to receive one share of the company's common stock.
- F2. 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.
- F3. 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.
- F4. 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.
- F5. The dividend equivalent units will vest proportionately with the underlying restricted stock units to which they relate.
- F6. The dividend equivalent units will vest proportionately with the underlying performance stock units to which they relate.
Key Figures
Tax-withholding shares: 2,737 shares
Tax-withholding price: $10.85/share
Common shares acquired via exercise: 11,234 shares
+5 more
8 metrics
Tax-withholding shares
2,737 shares
Common Stock disposed at $10.85 per share for taxes on May 7, 2026
Tax-withholding price
$10.85/share
Price per share for 2,737 Common Stock tax-withholding shares
Common shares acquired via exercise
11,234 shares
Common Stock acquired through derivative exercise on May 7, 2026
Common shares held after transactions
124,108 shares
Direct ownership of Common Stock following all reported transactions
Derivative shares exercised
8,425 shares
ExerciseShares in transactionSummary for derivative awards (M code)
Dividend Equivalent Units exercised (349)
349 units
Dividend Equivalent Units converted with 349 underlying Common Stock shares
Dividend Equivalent Units exercised (175)
175 units
Dividend Equivalent Units converted with 175 underlying Common Stock shares
Performance Stock Units exercised
5,267 units
Performance Stock Units converted into 5,267 underlying Common Stock shares
Key Terms
Restricted Stock Units, Performance Stock Units, Dividend Equivalent Units, tax-withholding disposition, +1 more
5 terms
Restricted Stock Units financial
"The restricted stock units are subject to vesting over three years"
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.
Performance Stock Units financial
"The performance units are subject to vesting over three years"
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.
Dividend Equivalent Units financial
"The dividend equivalent units will vest proportionately with the underlying restricted stock units"
Dividend equivalent units are bookkeeping credits that mirror cash dividends paid on actual shares, granted to holders of stock-based awards such as restricted stock units or deferred compensation. They matter to investors because they increase a company’s reported employee compensation cost and can lead to issuance of more shares or cash payouts over time, similar to extra pay linked to ownership that affects shareholder dilution and corporate cash flow.
tax-withholding disposition financial
"Payment of exercise price or tax liability by delivering securities"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did ACIC officer Brooke Adler report in this Form 4?
Brooke Adler reported exercising equity awards and settling related taxes in stock. The transactions converted derivative awards into Common Stock and used some shares to pay tax obligations.
Were these ACIC Form 4 transactions open-market buys or sells?
No, the Form 4 shows compensation-related activity, not open-market trades. The transactions are primarily award exercises and a tax-withholding share disposition, rather than discretionary buying or selling in the open market.
What types of equity awards did Brooke Adler exercise at ACIC?
Adler exercised performance stock units, restricted stock units, and dividend equivalent units. Each unit represents a conditional right to receive one share of ACIC Common Stock, subject to vesting and performance conditions.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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