IGI UK CEO reports 37,840 IGIC common shares
International General Insurance Holdings Ltd. executive Loucaides Andreas Costas, CEO of IGI UK, reports beneficial ownership of 37,840 common shares.
Rhea-AI Filing Summary
International General Insurance Holdings Ltd. executive Loucaides Andreas Costas, CEO of IGI UK, reports beneficial ownership of 37,840 common shares. This includes 37,500 restricted shares granted under the 2020 Omnibus Incentive Plan and 340 shares purchased through the U.K. Employee Stock Purchase Plan.
The restricted shares vest in tranches on January 2, 2027 (21,000 shares), January 2, 2028 (11,000 shares), and January 2, 2029 (5,500 shares). The 340 ESPP shares vest gradually, with portions scheduled to vest between April 10, 2026 and January 7, 2027.
Positive
- None.
Negative
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Common Shares | -- | -- | -- |
Footnotes (1)
- F1. Includes 37,500 restricted shares awarded to the reporting person under the International General Insurance Holdings Ltd. 2020 Omnibus Incentive Plan, and 340 common shares purchased by the reporting person pursuant to the U.K. Employee Stock Purchase Plan ("ESPP Shares"). Of the 37,500 restricted shares, 21,000 will vest on January 2, 2027, 11,000 will vest on January 2, 2028, and 5,500 will vest on January 2, 2029. Of the 340 ESPP Shares, 239 of the ESPP Shares have vested, 26 will vest on April 10, 2026, 25 will vest on July 3, 2026, 26 will vest on October 6, 2026, and 24 will vest on January 7, 2027.
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What does the IGIC Form 3 filed by Loucaides Andreas Costas show?
Is the IGIC Form 3 a record of a new insider trade or just holdings?
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