IGI (IGIC) CEO acquires ESPP shares and matching stock award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
International General Insurance Holdings Ltd. President and CEO Walid Jabsheh acquired additional common shares through the company’s U.K. Employee Stock Purchase Plan. He bought 24 shares at $25.3133 per share and received a matching award of 24 shares that will vest on April 9, 2027, subject to continued service. Following these ESPP transactions, he directly holds 578,529 common shares, including a portion of unvested ESPP shares held in an employee trust for his benefit.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Jabsheh Walid
Role
President and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Shares | 24 | $25.3133 | $607.52 |
| Grant/Award | Common Shares | 24 | $0.00 | -- |
Holdings After Transaction:
Common Shares — 578,505 shares (Direct)
Footnotes (1)
- Represents common shares purchased by the Reporting Person pursuant to the U.K. Employee Stock Purchase Plan (the "ESPP"). 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. 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 at $25.3133
Matching award: 24 shares
Post-transaction holdings: 578,529 shares
+1 more
4 metrics
ESPP purchase
24 shares at $25.3133
Common shares bought under U.K. Employee Stock Purchase Plan on April 9, 2026
Matching award
24 shares
Matching common shares under ESPP, eligible to vest on April 9, 2027
Post-transaction holdings
578,529 shares
Total common shares held directly after ESPP transactions
Unvested ESPP shares in trust
99 shares
Unvested ESPP shares held in an employee trust for the CEO’s benefit
Key Terms
Employee Stock Purchase Plan, matching common shares, vest in full, employee trust, +1 more
5 terms
Employee Stock Purchase Plan financial
"Represents common shares purchased by the Reporting Person pursuant to the U.K. Employee Stock Purchase Plan"
An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.
vest in full financial
"will be eligible to vest in full on April 9, 2027"
employee trust financial
"99 of the unvested ESPP shares which are held in an employee trust"
FAQ
What did IGIC CEO Walid Jabsheh report in this Form 4 filing?
He reported acquiring 48 International General Insurance (IGIC) common shares via the U.K. Employee Stock Purchase Plan. This includes 24 purchased shares and 24 matching award shares tied to his employment benefits and ongoing service with the company.