International General (IGIC) CFO adds shares via ESPP purchase and matching grant
Rhea-AI Filing Summary
International General Insurance Holdings Ltd. reported that Chief Financial Officer Pervez Rizvi acquired additional common shares through its Global Employee Stock Purchase Plan. On April 9, 2026, he purchased 24 common shares at $25.3133 per share under the ESPP and received an award of 24 matching common shares at no cost. The matching shares are scheduled to vest in full on April 9, 2027, subject to his continued service. Following these compensation-related acquisitions, Rizvi directly holds 137,962 common shares of the company.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 48 shares
Net Buy
2 txns
Insider
Rizvi Pervez
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Shares | 24 | $25.3133 | $607.52 |
| Grant/Award | Common Shares | 24 | $0.00 | $0.00 |
Holdings After Transaction:
Common Shares — 137,962 shares (Direct)
Footnotes (2)
- F1. Represents common shares purchased by the Reporting Person pursuant to the Global 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 April 9, 2027, subject to the Reporting Person's continued service through such date
Key Figures
ESPP purchase shares: 24 common shares
ESPP purchase price: $25.3133 per share
Matching share award: 24 common shares
+3 more
6 metrics
ESPP purchase shares
24 common shares
Purchased under Global Employee Stock Purchase Plan on April 9, 2026
ESPP purchase price
$25.3133 per share
Price for 24 common shares acquired under ESPP
Matching share award
24 common shares
Award of matching common shares under ESPP
Matching award price
$0.0000 per share
Stated price for matching common shares under ESPP
Post-transaction holdings
137,962 common shares
Direct ownership after ESPP purchase and matching award
Vesting date
April 9, 2027
Matching ESPP shares eligible to vest subject to continued service
Key Terms
Global Employee Stock Purchase Plan, ESPP, matching common shares, vest in full, +1 more
5 terms
Global Employee Stock Purchase Plan financial
"Represents common shares purchased by the Reporting Person pursuant to the Global Employee Stock Purchase Plan"
ESPP financial
"purchased by the Reporting Person pursuant to the Global Employee Stock Purchase Plan (the "ESPP")"
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.
vest in full financial
"matching common shares under the ESPP that will be eligible to vest in full on April 9, 2027"
continued service financial
"eligible to vest in full on April 9, 2027, subject to the Reporting Person's continued service"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did IGIC CFO Pervez Rizvi report on this Form 4?
Pervez Rizvi reported acquiring common shares of International General Insurance Holdings Ltd. through the company’s Global Employee Stock Purchase Plan. He both purchased shares under the plan and received matching shares as an award, increasing his direct ownership stake in IGIC common shares.
Are the IGIC CFO’s reported transactions open-market buys or compensation awards?
The reported transactions are compensation-related acquisitions tied to the Global Employee Stock Purchase Plan. One line reflects shares purchased under the ESPP, while the other reflects an award of matching shares, rather than discretionary open-market purchases or sales.