Octave Specialty Group (OSG) director receives 7,441 RSU equity grant

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Stein Jeffrey Scott reported acquisition or exercise transactions in this Form 4 filing.

Octave Specialty Group Inc. director Jeffrey Scott Stein received a grant of 7,441 restricted stock units (RSUs). The RSUs were granted on April 1, 2026 and each RSU represents a contingent right to receive one share of Octave Specialty Group common stock.

The RSUs are scheduled to vest on April 1, 2027. Vested RSUs will settle into common shares on the earlier of the vesting date or when Stein ceases to be a member of the Board of Directors, unless he elects to defer settlement. Following this award, he holds 16,091 RSUs directly.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Stein Jeffrey Scott

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Units	7,441	$0.00	--

Holdings After Transaction: Restricted Stock Units — 16,091 shares (Direct)

Footnotes (1)

Each restricted stock unit ("RSU") represents a contingent right to receive one share of the common stock of Octave Specialty Group, Inc. (the "Company"). RSU's granted on April 1, 2026 shall vest one year later on April 1, 2027. RSUs that have become vested shall settle and convert into shares of common stock upon the earlier of the vesting date or the date that the reporting person resigns from, or otherwise ceases to be a member of, the Board of Directors of the Company, unless otherwise deferred upon the election of the Reporting person.

Key Figures

RSUs granted: 7,441 units RSUs outstanding after grant: 16,091 units Vesting date: April 1, 2027 +2 more

5 metrics

RSUs granted 7,441 units Restricted stock units granted on April 1, 2026

RSUs outstanding after grant 16,091 units Total restricted stock units held following transaction

Vesting date April 1, 2027 Scheduled vesting for RSUs granted on April 1, 2026

RSU-to-share ratio 1 RSU : 1 share Each RSU converts into one share of common stock

RSU grant price $0.00 per unit Equity award granted without cash payment by Stein

Key Terms

Restricted Stock Units, RSU, contingent right, vest, +1 more

5 terms

Restricted Stock Units financial

"security_title: "Restricted Stock Units""

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.

RSU financial

"Each restricted stock unit ("RSU") represents a contingent right"

Restricted stock units (RSUs) are a form of company shares given to employees as part of their compensation, usually with certain restrictions or conditions, such as remaining with the company for a set period. When these restrictions lift, employees receive actual shares that they can sell or hold. For investors, RSUs can impact a company's stock supply and reflect the company's commitment to attracting and retaining talent.

contingent right financial

"represents a contingent right to receive one share of the common stock"

vest financial

"RSU's granted on April 1, 2026 shall vest one year later"

A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.

Board of Directors financial

"ceases to be a member of, the Board of Directors of the Company"

The Board of Directors is a group of people chosen by a company's owners to help make big decisions and oversee how the company is run. They act like a team of advisors or managers, making sure the company stays on track and meets its goals. Their choices can influence the company's success and how it grows.

Form 4 Insider Transactions: What Each Field Means →

04/02/2026 - 04:39 PM

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^*

Stein Jeffrey Scott

(Last)

(First)

(Middle)

C/O OCTAVE SPECIALTY GROUP, INC.

40 WALL STREET, 55TH FLOOR

(Street)

NEW YORK

10005

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
OCTAVE SPECIALTY GROUP INC [ OSG ]

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

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/01/2026

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

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

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

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Restricted Stock Units	⁽¹⁾	04/01/2026		A		7,441		⁽²⁾	⁽²⁾	Common Stock	7,441	$0	16,091	D

Explanation of Responses:

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

2. RSU's granted on April 1, 2026 shall vest one year later on April 1, 2027. RSUs that have become vested shall settle and convert into shares of common stock upon the earlier of the vesting date or the date that the reporting person resigns from, or otherwise ceases to be a member of, the Board of Directors of the Company, unless otherwise deferred upon the election of the Reporting person.

Remarks:

	William J. White, attorney in fact	04/02/2026
	** 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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What did Octave Specialty Group (OSG) director Jeffrey Scott Stein report on this Form 4?

Jeffrey Scott Stein reported receiving 7,441 restricted stock units as a compensation grant. Each RSU represents the right to receive one share of Octave Specialty Group common stock, providing additional equity-based incentives aligned with his role on the company’s Board of Directors.

How many restricted stock units were granted to Jeffrey Scott Stein by Octave Specialty Group (OSG)?

Stein was granted 7,441 restricted stock units in this transaction. These RSUs are a form of stock-based compensation that can convert into the company’s common shares, increasing his potential ownership if and when they vest and settle according to the plan terms.

When do Jeffrey Scott Stein’s new Octave Specialty Group (OSG) RSUs vest and settle?

The RSUs granted on April 1, 2026 are scheduled to vest on April 1, 2027. Once vested, they settle into common shares on that vesting date or earlier if he leaves the Board, unless Stein elects to defer settlement under the company’s deferral provisions.

What does each restricted stock unit represent in the Octave Specialty Group (OSG) grant?

Each restricted stock unit represents a contingent right to receive one share of Octave Specialty Group common stock. This means that, upon vesting and settlement, RSUs convert into an equal number of shares, directly linking Stein’s compensation to the company’s equity value.

How many restricted stock units does Jeffrey Scott Stein hold after this Octave Specialty Group (OSG) grant?

After the 7,441-unit grant, Stein holds 16,091 restricted stock units directly. This figure reflects his total RSU position reported in this filing, showing the cumulative equity-based awards that may convert into common stock if vesting and settlement conditions are met.