Welcome to our dedicated page for Ambac Finl Group SEC filings (Ticker: AMBC), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Octave Specialty Group filings document the public-company reporting of the former Ambac Financial Group following its shift to a specialty insurance platform. The record includes 8-K reports for quarterly results and material agreements, with disclosures on P&C premium production, insurance distribution revenue, acquisition integration, and credit agreement amendments involving operating subsidiaries such as Octave Partners, Cirrata entities and ArmadaCare.
Proxy materials describe board matters, executive compensation, equity awards and shareholder voting items. The filings also provide formal disclosures on governance, capital structure, financing arrangements, and the company's insurance distribution and specialty property-and-casualty operations.
Ambac Financial Group reporting person R. Sharon Smith received equity awards on 10/03/2025. A Performance Stock Option for 284,125 shares with an exercise price of $8.93 was granted and is eligible to vest against four price hurdles over five years: $18.00, $21.50, $25.00, and $30.00. The grant vests starting one year after the grant date and vests in percentages (40%, 20%, 20%, 20%) tied to sustained share-price levels. The reporting person also received 55,433 restricted stock units that convert one-for-one to common shares; these RSUs vest after one year but will not settle until the earlier of the fifth anniversary or the reporting person’s termination, subject to limited exceptions. Following the transactions the Form 4 reports beneficial ownership figures of 284,125 option shares and 106,200 common stock-equivalent RSUs.
Ambac Financial Group, Inc. reported a Section 16 Form 4 disclosing equity awards to David Trick, Executive Vice President, Chief Financial Officer and Treasurer. On 10/03/2025 Mr. Trick received a Performance Stock Option covering 350,375 shares with an exercise price of $8.93 that may vest over a five‑year performance period tied to sustained stock price hurdles. He also received 66,519 Restricted Stock Units that vest after one year but will not settle until the earlier of the fifth anniversary or termination after vesting, bringing his total reported beneficial ownership of RSU‑convertible shares to 123,439. The performance option vests in tranches when the sustained stock price exceeds $18.00, $21.50, $25.00, and $30.00 per share.
Ambac Financial Group, Inc. reports an amended Form 4 showing a corrected equity award for Chief Executive Officer Claude LeBlanc. The amendment states that 118,045 restricted stock units (RSUs) were granted on 07/09/2025, and that 45,650 of the RSUs previously reported that day were void ab initio and cancelled.
The RSUs convert to one share each when settled and will vest in three equal annual installments commencing 07/09/2026, 07/09/2027, and 07/09/2028. Following the reported transaction, the filing shows the reporting person beneficially owns 189,501 shares (direct ownership). The form is signed by an attorney-in-fact on 10/03/2025.
Ambac Financial Group, Inc. director Jeffrey Scott Stein was granted 4,126 restricted stock units (RSUs) on 10/01/2025. Each RSU converts into one share of common stock and the award is scheduled to vest on 10/01/2026. Vested RSUs will settle into common stock when the reporting person resigns or otherwise leaves the company's Board. The transaction was reported on Form 4 with an execution/filing date of 10/02/2025 and shows 4,126 shares beneficially owned following the grant, held directly by the reporting person.
Michael D. Price, a director of Ambac Financial Group, Inc. (AMBC), was granted 4,126 restricted stock units (RSUs) on 10/01/2025. Each RSU represents a contingent right to one share of the company's common stock. The RSUs are scheduled to vest on 10/01/2026. Vested RSUs will settle and convert into shares of common stock only upon the date the reporting person resigns from, or otherwise ceases to be, a member of the Board of Directors. The Form 4 reporting this grant was signed by William J. White, attorney in fact, on 10/02/2025.
Kristi Ann Matus, a Director of Ambac Financial Group, Inc. (AMBC), was granted 4,126 restricted stock units (RSUs) on 10/01/2025. Each RSU represents a contingent right to one share of common stock and the award is scheduled to vest on 10/01/2026. The Form 4 reports 4,126 shares beneficially owned following the grant, listed as direct ownership. The filing notes that vested RSUs will settle into shares when the reporting person resigns or otherwise ceases to be a member of the Company’s Board of Directors.
Joan M. Lamm-Tennant, a director of Ambac Financial Group, Inc. (AMBC), was granted 4,126 restricted stock units (RSUs) on 10/01/2025. Each RSU represents a contingent right to one share of the company’s common stock and the grant carries a $0 purchase price. The RSUs vest on 10/01/2026, and vested RSUs will settle into shares when the reporting person resigns or otherwise ceases to be a board member. Following the reported transaction the reporting person beneficially owns 4,126 shares (direct).
Lisa G. Iglesias, a Director of Ambac Financial Group, Inc. (AMBC), acquired 4,126 restricted stock units (RSUs) on 10/01/2025. The Form 4 reports the RSUs as an acquisition (code A) and shows 4,126 shares beneficially owned following the transaction in a direct ownership form at a price of $0. Each RSU represents the contingent right to one share, vests on 10/01/2026, and vested RSUs will settle into common stock when the reporting person resigns or otherwise ceases to be a board member.
Ambac Financial Group director Ian David Haft was granted 4,126 restricted stock units (RSUs) on 10/01/2025. Each RSU represents a contingent right to one share of Ambac common stock (AMBC). The RSUs carry a $0 purchase price, vest one year after grant on 10/01/2026, and any vested RSUs will convert into shares when the reporting person resigns or otherwise ceases to serve on the board. The Form 4 was filed on 10/02/2025 and signed by an attorney-in-fact.
Claude LeBlanc, Chief Executive Officer and Director of Ambac Financial Group, Inc. (AMBC), reported multiple transactions tied to a change of control following the sale of Ambac Assurance Corporation to an entity managed by Oaktree Capital Management. Upon closing, a change of control triggered vesting and settlement of Deferred Share Units (DSUs) and acceleration of 2023 and 2024 Performance Stock Units (PSUs). On 09/29/2025 the reporting person had 661,355 DSUs vest and settle; 350,188 shares were withheld to satisfy tax withholding at $9.72 per share, leaving 914,458 shares beneficially owned that day.
On 09/30/2025 the Compensation Committee approved acceleration of the 2023 and 2024 PSUs, producing 193,353 shares from PSUs with 111,034 shares withheld at $8.34 per share, resulting in 996,777 then 1,021,777 shares after a 10/01/2025 acquisition of 25,000 shares at $8.54. The filings show conversion of certain PSUs into DSUs under the Executive Stock Deferral Plan and tax withholdings to cover obligations.