IGIC (NASDAQ: IGIC) underwriting chief adds ESPP and matching shares
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 April 9, 2026, he obtained 24 common shares at $25.3133 per share and received an award of 24 matching common shares with a grant price of $0. The matching shares are scheduled to vest in full on April 9, 2027, subject to his continued service. Following these awards, Jarvis beneficially owns 44,824 common shares, including 99 unvested ESPP shares held in an employee trust for his benefit.
Positive
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Insider Trade Summary
Net Buyer: 48 shares
Net Buy
2 txns
Insider
Jarvis Christopher
Role
Chief Underwriting 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 — 44,824 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 April 9, 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 99 of the unvested ESPP shares which are held in an employee trust for the benefit of the Reporting Person.
Key Figures
ESPP purchase: 24 shares
Purchase price: $25.3133 per share
Matching award: 24 shares
+3 more
6 metrics
ESPP purchase
24 shares
Common shares purchased under U.K. ESPP on April 9, 2026
Purchase price
$25.3133 per share
Price paid for 24 ESPP common shares
Matching award
24 shares
Matching common shares granted under ESPP at $0
Post-transaction holdings
44,824 shares
Total common shares beneficially owned after transactions
Unvested ESPP in trust
99 shares
Unvested ESPP shares held in an employee trust
Vesting date
April 9, 2027
Matching ESPP shares eligible to vest, subject to continued service
Key Terms
U.K. Employee Stock Purchase Plan, matching common shares, ESPP, 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"
ESPP financial
"Represents an award of matching common shares under the ESPP that will be eligible to vest"
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
"99 of the unvested ESPP shares which are held in an employee trust for the benefit"
AI-generated analysis. How Rhea-AI works. Not financial advice.