IGIC CEO adds ESPP shares and matching award
Jabsheh Walid reported acquisition or exercise transactions in this Form 4 filing.
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
| 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
employee trust financial
FAQ
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What insider transaction did IGIC CEO Walid Jabsheh report on this Form 4?
What is the U.K. Employee Stock Purchase Plan mentioned in the IGIC Form 4?
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