International General Insurance (IGIC) CEO adds ESPP purchase and matching award
Rhea-AI Filing Summary
Jabsheh Walid reported acquisition or exercise transactions in this Form 4 filing.
International General Insurance Holdings Ltd. President and CEO Walid Jabsheh increased his stake through the company’s U.K. Employee Stock Purchase Plan. He purchased 22 common shares at $27.5167 per share and received an additional 22 matching common shares as an award.
The matching shares are eligible to vest in full on July 7, 2027, subject to his continued service. After these transactions, his reported direct holdings are 578,553–578,577 common shares, and 121 unvested ESPP shares are 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 | 22 | $27.5167 | $605.37 |
| Grant/Award | Common Shares | 22 | $0.00 | -- |
Holdings After Transaction:
Common Shares — 578,553 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 July 7, 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 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
Purchase price: $27.5167 per share
Matching award: 22 common shares
+3 more
6 metrics
ESPP purchase
22 common shares
Purchased under U.K. ESPP on July 7, 2026
Purchase price
$27.5167 per share
ESPP common share purchase
Matching award
22 common shares
ESPP matching shares eligible to vest July 7, 2027
Holdings after transaction
578,577 common shares
Total shares following one reported transaction
Alternate post-transaction holding
578,553 common shares
Total shares following the other reported transaction
Unvested ESPP shares in trust
121 common shares
Held in an employee trust for the CEO’s benefit
Key Terms
U.K. Employee Stock Purchase Plan, matching common shares, employee trust
3 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"
employee trust financial
"121 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.
FAQ
What insider transaction did IGIC CEO Walid Jabsheh report on this Form 4?
Walid Jabsheh reported acquiring IGIC common shares through the U.K. Employee Stock Purchase Plan. He bought shares under the plan and also received a matching share award, both dated July 7, 2026, increasing his overall equity exposure to the company.
What is the U.K. Employee Stock Purchase Plan mentioned in the IGIC Form 4?
The U.K. Employee Stock Purchase Plan is a program under which the CEO purchased IGIC common shares and received a matching share award. It allows participating employees to buy stock and, in this case, receive additional shares that vest over time.