STOCK TITAN

IGIC (IGIC) UK CEO acquires ESPP shares and matching stock award

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

International General Insurance Holdings Ltd. executive Andreas Costas Loucaides, CEO of IGI UK, acquired a total of 48 common shares through the U.K. Employee Stock Purchase Plan. He purchased 24 common shares at $25.3133 per share and received 24 matching common shares at no cost as an award under the plan.

Following these awards, his directly held common share position increased to 37,888 shares. The matching ESPP shares are eligible to vest in full on April 9, 2027, subject to his continued service, and 99 unvested ESPP shares are held in an employee trust for his benefit.

Positive

  • None.

Negative

  • None.
Insider Loucaides Andreas Costas
Role CEO, IGI UK
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 — 37,864 shares (Direct)
Footnotes (1)
  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.
ESPP purchase 24 shares at $25.3133/share Common shares bought via U.K. Employee Stock Purchase Plan on April 9, 2026
Matching ESPP award 24 shares at $0.00/share Matching common shares granted under ESPP on April 9, 2026
Post-transaction holdings 37,888 common shares Total directly held by Andreas Loucaides after reported transactions
Unvested ESPP shares in trust 99 shares Unvested ESPP shares held in an employee trust for his benefit
Matching award vesting date April 9, 2027 Date when matching ESPP shares are eligible to vest, subject to continued service
U.K. Employee Stock Purchase Plan financial
"Represents common shares purchased by the Reporting Person pursuant to the U.K. Employee Stock Purchase Plan"
matching common shares financial
"Represents an award of matching common shares under the ESPP that will be eligible to vest"
vest in full financial
"matching common shares under the ESPP that 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 for the benefit"
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Loucaides Andreas Costas

(Last)(First)(Middle)
20 FENCHURCH STREET, FLOOR 15

(Street)
LONDONEC3M 3BY

(City)(State)(Zip)

UNITED KINGDOM

(Country)
2. Issuer Name and Ticker or Trading Symbol
International General Insurance Holdings Ltd. [ IGIC ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
CEO, IGI UK
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/09/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Shares04/09/2026A24(1)A$25.313337,864D
Common Shares04/09/2026A24(2)A$037,888D(3)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Represents common shares purchased by the Reporting Person pursuant to the U.K. Employee Stock Purchase Plan (the "ESPP").
2. 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.
3. 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.
/s/ Andreas Costas Loucaides04/13/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did IGIC executive Andreas Loucaides report?

Andreas Loucaides, CEO of IGI UK at IGIC, reported acquiring 48 common shares. He bought 24 shares at $25.3133 each through the U.K. Employee Stock Purchase Plan and received 24 matching shares as an award under the same plan.

How many IGIC shares does Andreas Loucaides hold after this Form 4?

After these transactions, Andreas Loucaides directly holds 37,888 common shares of International General Insurance Holdings Ltd. This total includes ESPP-related holdings, with a portion of unvested ESPP shares held in an employee trust for his benefit.

What is the U.K. Employee Stock Purchase Plan mentioned for IGIC?

The U.K. Employee Stock Purchase Plan (ESPP) allows eligible employees of IGIC to purchase company common shares. In this case, Andreas Loucaides bought shares through the ESPP and also received a matching award of common shares under the same plan.

When do the IGIC matching ESPP shares for Andreas Loucaides vest?

The matching common shares awarded to Andreas Loucaides under the ESPP are scheduled to vest on April 9, 2027. Vesting is conditioned on his continued service with the company through that date, as described in the filing footnotes.

Were all newly acquired IGIC shares purchased on the market by Andreas Loucaides?

No. Andreas Loucaides purchased 24 common shares at $25.3133 per share through the ESPP, while an additional 24 matching common shares were granted to him at a price of $0.00 per share as an ESPP matching award.

How are some of Andreas Loucaides’ IGIC ESPP shares held?

According to the filing, all reported shares are held directly by Andreas Loucaides, except for 99 unvested ESPP shares. Those 99 unvested shares are held in an employee trust established for his benefit.