[Form 4] Ambac Financial Group, Inc. Insider Trading Activity

Rhea-AI Filing Summary

Goldman Sachs BDC, Inc. (NYSE: GSBD) filed a Form 8-K to inform investors of its second-quarter 2025 reporting timetable. The company will release results for the period ended 30 June 2025 after the market closes on Thursday, 7 August 2025, and will host an earnings conference call on Friday, 8 August 2025 at 9:00 a.m. ET. The disclosure is furnished under Item 7.01 (Reg FD) and therefore is not considered “filed” for Exchange Act liability purposes. No preliminary financial figures, guidance, or additional operational details were included. Exhibit 99.1 contains the corresponding press release; Exhibit 104 provides the Inline XBRL cover data.

Insights

Investor Relations Analyst

TL;DR: Neutral housekeeping 8-K—simply sets Q2 reporting and call dates, no financial data or guidance released.

This filing is procedural. It gives the market clear visibility on when to expect GSBD’s Q2 2025 results and how to participate in the conference call, but it contains no quantitative information that could influence valuation today. Because it is furnished under Item 7.01, it carries no liability and signals no strategic change. Impact on share price should be minimal until actual results are published.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

LeBlanc Claude

(Last) (First) (Middle)

AMBAC FINANCIAL GROUP, INC.

ONE WORLD TRADE CENTER, 41ST FLOOR

(Street)

NEW YORK NY 10007

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
AMBAC FINANCIAL GROUP INC [ AMBC ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Executive Officer

3. Date of Earliest Transaction (Month/Day/Year)
07/09/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	(1)	07/09/2025		A		163,695		(2)	(2)	Common Stock	163,695	$0	235,151	D

Explanation of Responses:

1. Each restricted stock unit ("RSU") represents a contingent right to receive one share of the common stock of Ambac Financial Group, Inc. (the "Company").

2. On July 9, 2025 the reporting person received a grant of 163,695 restricted stock units ("RSUs") as part of their 2025 Long Term Incentive Plan award. The RSUs will vest in three equal annual installments commencing July 9, 2026, July 9, 2027, and July 9, 2028.

Remarks:

	William White, attorney-in-fact	07/09/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

When will Goldman Sachs BDC (GSBD) release its Q2 2025 earnings?

After the market closes on Thursday, 7 August 2025.

What time is GSBD’s Q2 2025 earnings conference call?

The call is scheduled for 9:00 a.m. ET on Friday, 8 August 2025.

Where can investors find the official press release about the earnings schedule?

It is attached to the 8-K as Exhibit 99.1.

Is the information in this 8-K considered ‘filed’ or ‘furnished’?

The disclosure is furnished under Item 7.01 and is not deemed ‘filed’ for Exchange Act purposes.

Does the filing provide any preliminary Q2 2025 financial results for GSBD?

No, it only announces the release and call dates; no financial figures were disclosed.