IGIC UK CEO awarded shares under ESPP
International General Insurance Holdings Ltd. executive Andreas Costas Loucaides, CEO of IGI UK, reported routine equity compensation activity.
Rhea-AI Filing Summary
International General Insurance Holdings Ltd. executive Andreas Costas Loucaides, CEO of IGI UK, reported routine equity compensation activity. On July 7, 2026, he acquired 22 common shares through the U.K. Employee Stock Purchase Plan at $27.5167 per share and received an additional 22 matching common shares at no cost under the same plan.
The matching shares are scheduled to vest in full on July 7, 2027, subject to his continued service. All reported shares are held directly for his benefit, apart from 121 unvested ESPP shares that are held in an employee trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Shares | 22 | $27.5167 | $605.37 |
| Grant/Award | Common Shares | 22 | $0.00 | $0.00 |
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
Key Terms
U.K. Employee Stock Purchase Plan financial
ESPP financial
employee trust financial
FAQ
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What insider transaction did IGIC executive Andreas Costas Loucaides report?
Does this IGIC Form 4 indicate open-market buying or a compensation grant?
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