IGIC 10% holder plans $1.05M share sale
Rhea-AI Filing Summary
International General Insurance Holdings Ltd. (IGIC) has a notice from Oman International Development and Investment Company SAOG, a 10% stockholder, to sell 40,000 common shares of IGIC under Rule 144. These shares, held via Bank Julius Baer & Co. Ltd., have an aggregate market value of $1,050,000, with IGIC common shares listed on NASDAQ and 42,466,701 shares outstanding as of August 28, 2026. The filing also lists multiple prior IGIC share sales by the same custodian in the past three months.
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Negative
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Key Figures
Planned shares to be sold: 40,000 common shares
Aggregate market value of planned sale: $1,050,000.00
Shares outstanding: 42,466,701 shares
+3 more
6 metrics
Planned shares to be sold
40,000 common shares
Shares of International General Insurance Holdings Ltd. to be sold under Rule 144
Aggregate market value of planned sale
$1,050,000.00
Aggregate market value for 40,000 common shares to be sold
Shares outstanding
42,466,701 shares
IGIC common shares outstanding as of 08/28/2026
Recent sale on 06/12/2026
100,000 shares for $2,516,942.00
Past 3 months IGIC share sale via Bank Julius Baer & Co. Ltd.
Recent sale on 06/11/2026
80,000 shares for $2,006,602.00
Past 3 months IGIC share sale via Bank Julius Baer & Co. Ltd.
Recent sale on 06/30/2026
76,417 shares for $1,943,825.00
Past 3 months IGIC share sale via Bank Julius Baer & Co. Ltd.
Key Terms
Rule 144, 10% Stockholder, aggregate market value, open market purchase through a broker
4 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 regulatory
"In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice. 10% Stockholder"
aggregate market value financial
"Common Shares International General Insurance Holdings Ltd Registered SHS ... 40000 | 1050000.00"
Aggregate market value is the combined price you would pay to buy all outstanding shares of a company or all companies in a group at current market prices — essentially the sum of each stock’s market capitalization. It matters to investors because it shows the overall size and weight of an investment or sector (like the total cost to buy every piece of a puzzle), helps compare scale across companies or markets, and influences index composition and risk exposure.
open market purchase through a broker financial
"Common shares | 02/03/2023 | Open market purchase through a broker"
FAQ
What does the Form 144 filing disclose for IGIC?
It discloses that Oman International Development and Investment Company SAOG, a 10% stockholder of International General Insurance Holdings Ltd. (IGIC), intends to sell 40,000 common shares of IGIC under Rule 144 through an open market transaction via a broker.
AI-generated analysis. How Rhea-AI works. Not financial advice.