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IGIC (NASDAQ: IGIC) CEO Walid Jabsheh details direct and indirect shareholdings

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
3

Rhea-AI Filing Summary

International General Insurance Holdings Ltd. director and President and CEO Walid Jabsheh filed an initial ownership report on the company’s common shares. He reports direct ownership of 578,481 common shares, including 93,334 restricted shares under the 2020 Omnibus Incentive Plan and 340 shares from the U.K. Employee Stock Purchase Plan.

Of the restricted shares, 53,333 are scheduled to vest on January 2, 2027, 26,667 on January 2, 2028, and 13,334 on January 2, 2029. Portions of the ESPP shares vest through April 10, 2026, July 3, 2026, October 6, 2026, and January 7, 2027. He also reports 82,455 common shares held indirectly by his spouse, while disclaiming beneficial ownership of those securities.

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SEC Form 3
FORM 3UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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:3235-0104
Estimated average burden
hours per response:0.5
1. Name and Address of Reporting Person*
Jabsheh Walid

(Last)(First)(Middle)
74 ABDEL HAMID SHARAF STREET,
P.O. BOX 941428

(Street)
AMMAN11194

(City)(State)(Zip)

JORDAN

(Country)
2. Date of Event Requiring Statement (Month/Day/Year)
03/18/2026
3. Issuer Name and Ticker or Trading Symbol
International General Insurance Holdings Ltd. [ IGIC ]
3a. Foreign Trading Symbol
5. If Amendment, Date of Original Filed (Month/Day/Year)
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
President and CEO
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Shares578,481(1)D
Common Shares82,455IBy spouse(2)
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year)3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Includes 484,807 common shares owned directly, 93,334 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 93,334 restricted shares, 53,333 will vest on January 2, 2027, 26,667 will vest on January 2, 2028, and 13,334 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.
2. The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.
/s/ Walid Jabsheh03/18/2026
** Signature of Reporting PersonDate
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 5 (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 3: SEC 1473 (03-26)

FAQ

What does the Form 3 filing by IGIC’s Walid Jabsheh show?

The Form 3 shows Walid Jabsheh’s initial ownership in International General Insurance Holdings Ltd. common shares, including direct, restricted, and employee stock purchase plan holdings, as well as shares held indirectly by his spouse with a stated disclaimer of beneficial ownership.

How many IGIC common shares does Walid Jabsheh report owning directly?

He reports direct ownership of 578,481 IGIC common shares. This total includes 484,807 common shares, 93,334 restricted shares granted under the 2020 Omnibus Incentive Plan, and 340 shares acquired through the U.K. Employee Stock Purchase Plan.

What vesting schedule applies to Walid Jabsheh’s restricted IGIC shares?

Of the 93,334 restricted IGIC shares, 53,333 are scheduled to vest on January 2, 2027, 26,667 on January 2, 2028, and 13,334 on January 2, 2029, reflecting a multi‑year, time-based vesting structure tied to continued service.

How are Walid Jabsheh’s IGIC Employee Stock Purchase Plan shares structured?

He holds 340 IGIC common shares purchased through the U.K. Employee Stock Purchase Plan. Of these, 239 have vested, with additional tranches vesting on April 10, 2026, July 3, 2026, October 6, 2026, and January 7, 2027 under the plan’s schedule.

What indirect IGIC shareholdings are reported for Walid Jabsheh?

The filing lists 82,455 IGIC common shares held indirectly by his spouse. The reporting person expressly disclaims beneficial ownership of these securities, stating the report should not be considered an admission of beneficial ownership for Section 16 or any other purpose.

Does Walid Jabsheh’s Form 3 indicate recent IGIC share purchases or sales?

The Form 3 functions as an initial ownership statement and does not report specific purchase or sale transactions. It instead details existing direct, restricted, ESPP, and spouse-held positions, along with future vesting schedules and a disclaimer regarding beneficial ownership of spouse-held shares.
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