[Form 4] American Integrity Insurance Group, Inc. Insider Trading Activity
Steven B. Mathis, a director of American Integrity Insurance Group, Inc. (AII), received a grant of 886 restricted shares as director compensation under the companys 2025 Long-Term Incentive Plan. The award was recorded as an acquisition with a reported price of $0, indicating a grant rather than a purchased transaction.
The restricted shares are subject to a 180-day lock-up tied to the lock-up agreement with the underwriters in connection with the issuers initial public offering. Following the reported transaction, Mathis beneficially owns 886 shares directly.
- Director compensation granted as equity aligns reporting person's interests with shareholders
- Grant recorded as restricted stock rather than cash preserves company liquidity
- 180-day underwriter lock-up restricts the directors ability to sell shares in the near term
Insights
TL;DR: Routine director equity grant aligns interests with shareholders but is subject to underwriter lock-up limiting near-term liquidity.
The reported Form 4 documents a common practice where a non-employee director receives restricted stock as compensation under the 2025 Long-Term Incentive Plan. Such grants are typically intended to align director incentives with shareholder value creation. The 180-day underwriter lock-up restricts sale of these shares shortly after the IPO, which is standard in capital markets transactions but reduces the director's immediate ability to monetize the award.
TL;DR: Small, non-cash compensation grant of 886 shares is immaterial to capitalization but signals normal post-IPO director compensation structure.
With only 886 restricted shares granted at a reported price of $0, the transaction is immaterial relative to a public company's outstanding share base and does not indicate insider selling or purchase activity that would affect float. The instrument is non-derivative restricted stock and is recorded as direct beneficial ownership following the grant.