IGIC 10% holder files to sell 200,000 shares
Rhea-AI Filing Summary
International General Insurance Holdings Ltd. (IGIC) received a Rule 144 notice from 10% stockholder Oman International Development and Investment Company SAOG covering potential resales of up to 200,000 common shares held in custody at Bank Julius Baer & Co. Ltd. The notice cites an issuer share count of 42,466,701 common shares outstanding and lists recent acquisitions and prior sales of IGIC shares, indicating the stockholder’s ongoing trading activity in IGIC on NASDAQ.
Positive
- None.
Negative
- None.
Key Figures
Shares covered by Rule 144 notice: 200,000 shares
Aggregate market value (first 100,000-share block): $2,575,132.00
Aggregate market value (second 100,000-share block): $2,525,000.00
+4 more
7 metrics
Shares covered by Rule 144 notice
200,000 shares
Two blocks of 100,000 IGIC common shares each listed in the securities information section
Aggregate market value (first 100,000-share block)
$2,575,132.00
For 100,000 IGIC common shares referenced with NASDAQ listing
Aggregate market value (second 100,000-share block)
$2,525,000.00
For another 100,000 IGIC common shares referenced with NASDAQ listing
Shares outstanding
42,466,701 shares
IGIC common shares outstanding used as the baseline in the notice
Prior sale on August 28, 2026
40,000 shares for $1,050,000.00
One of the past three months’ sales of IGIC common shares listed
Prior sale on June 30, 2026
76,417 shares for $1,943,825.00
Another reported past three months’ sale of IGIC common shares
Shares acquired via open market purchases
200,000 shares
Open market purchases through a broker on February 3 and 8, 2023 paid in cash
Key Terms
Rule 144, 10% Stockholder, Open market purchase through a broker, Registered SHS, +1 more
5 terms
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
10% Stockholder financial
"In addition, information shall be given as to sales by all persons ... 10% Stockholder"
Open market purchase through a broker financial
"Common shares | 02/03/2023 | Open market purchase through a broker |"
Registered SHS financial
"Common Shares International General Insurance Holdings Ltd Registered SHS | BANK JULIUS BAER"
NASDAQ market
"42466701 | 09/18/2026 | NASDAQ"
The Nasdaq is a stock exchange where many companies' shares are bought and sold, functioning much like a marketplace for investments. It matters to investors because it provides a platform to buy and sell ownership stakes in companies, helping them track the value of those companies and make informed decisions. As one of the largest and most technology-focused markets, it also reflects trends and developments in the business world.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does the Form 144 filing mean for International General Insurance Holdings Ltd. (IGIC)?
The filing reports that a 10% stockholder, Oman International Development and Investment Company SAOG, has filed a Rule 144 notice for potential resale of up to 200,000 IGIC common shares, based on holdings at Bank Julius Baer & Co. Ltd.
Who is the selling security holder in the IGIC Form 144 filing?
The person for whose account the securities may be sold is Oman International Development and Investment Company SAOG, identified in the filing as a 10% stockholder of International General Insurance Holdings Ltd.
AI-generated analysis. How Rhea-AI works. Not financial advice.