IGI Holdings (IGIC) underwriting chief adds ESPP and matching share awards
Rhea-AI Filing Summary
International General Insurance Holdings Ltd. reported that Chief Underwriting Officer Christopher Jarvis acquired additional common shares through its U.K. Employee Stock Purchase Plan. On July 7, 2026, he purchased 22 common shares at $27.5167 per share and received a matching award of 22 common shares at no cost. Following these transactions, Jarvis directly holds 44,868 common shares, with 121 unvested ESPP shares held in an employee trust for his benefit. The matching ESPP award is scheduled to be eligible to vest in full on July 7, 2027, subject to his continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 44 shares
Net Buy
2 txns
Insider
Jarvis Christopher
Role
Chief Underwriting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Shares | 22 | $27.5167 | $605.37 |
| Grant/Award | Common Shares | 22 | $0.00 | $0.00 |
Holdings After Transaction:
Common Shares — 44,868 shares (Direct)
Footnotes (3)
- F1. Represents common shares purchased by the Reporting Person pursuant to the U.K. Employee Stock Purchase Plan (the "ESPP").
- F2. Represents an award of matching common shares under the ESPP that will be eligible to vest in full on July 7, 2027, subject to the Reporting Person's continued service through such date.
- F3. All of the shares reported are held directly by the Reporting Person, except for 121 of the unvested ESPP shares which are held in an employee trust for the benefit of the Reporting Person.
Key Figures
ESPP purchase: 22 common shares at $27.5167/share
Matching award: 22 common shares at $0.00/share
Shares held after: 44,868 common shares
+2 more
5 metrics
ESPP purchase
22 common shares at $27.5167/share
Purchased under U.K. Employee Stock Purchase Plan on July 7, 2026
Matching award
22 common shares at $0.00/share
Matching ESPP award granted on July 7, 2026
Shares held after
44,868 common shares
Direct holdings following the reported transactions
Unvested ESPP shares in trust
121 common shares
Held in an employee trust for Jarvis’s benefit
Vesting date
July 7, 2027
Eligibility date for matching ESPP award vesting
Key Terms
U.K. Employee Stock Purchase Plan, ESPP, matching common shares, employee trust
4 terms
U.K. Employee Stock Purchase Plan financial
"Represents common shares purchased by the Reporting Person pursuant to the U.K. Employee Stock Purchase Plan (the "ESPP")."
ESPP financial
"Represents an award of matching common shares under the ESPP that will be eligible to vest in full on July 7, 2027"
An Employee Stock Purchase Plan (ESPP) is a company program that lets employees buy the company’s shares at a reduced price, usually by setting aside a small portion of their pay over time. It matters to investors because it encourages employees to own part of the business—like giving staff a discounted membership— which can boost commitment and performance, while also potentially increasing the number of shares available and affecting shareholder value.
employee trust financial
"121 of the unvested ESPP shares which are held in an employee trust for the benefit of the Reporting Person."
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did IGIC executive Christopher Jarvis report in this Form 4?
Christopher Jarvis reported acquiring IGIC common shares through the U.K. Employee Stock Purchase Plan. He bought 22 shares at $27.5167 each and received 22 matching shares at no cost, increasing his directly held position to 44,868 common shares.