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International General Insurance (NASDAQ: IGIC) chair details 33.98% stake and 2026 restricted shares

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
SCHEDULE 13D/A

Rhea-AI Filing Summary

International General Insurance Holdings Ltd. received an updated ownership report from Executive Chairman Wasef Jabsheh. As of March 18, 2026, he beneficially owned 14,556,131 common shares, representing about 33.98% of the company, based on 42,842,216 shares outstanding as of December 31, 2025.

The amendment reflects a new restricted stock award granted on February 23, 2026 for 47,500 common shares. These 2026 restricted shares vest in three annual tranches on January 2, 2027, 2028, and 2029. Jabsheh controls W. Jabsheh Investment Co. Ltd., which separately reports beneficial ownership of 14,315,581 shares, or 33.41% of the outstanding common shares.

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G4809J106

(CUSIP Number)
Michael Levitt, Esq.
Freshfields US LLP, 3 World Trade Center
New York, NY, 10007
(212) 277-4000

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)
03/24/2026

(Date of Event Which Requires Filing of This Statement)


If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.

The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).




schemaVersion:


SCHEDULE 13D




Comment for Type of Reporting Person:
* Of the total amount of common shares, par value $0.01 per share ("Common Shares"), of International General Insurance Holdings Ltd. (the "Issuer"), which Mr. Jabsheh beneficially owns, (1) he has the present sole right to vote 240,550 Common Shares, (2) he has the present sole right to dispose of 132,678 of these Common Shares, (3) he has the present shared right to vote 14,315,581 Common Shares and (4) he has the present shared right to dispose of 14,315,581 of the Common Shares. Of the total amount of Common Shares Mr. Jabsheh beneficially owns, 98.35% are held of record by W. Jabsheh Investment Co. Ltd., a corporation organized under the laws of the British Virgin Islands ("W. Jabsheh Investment Co. Ltd." and, together with Wasef Jabsheh, the "Reporting Persons" and, each individually, a "Reporting Person") and controlled by Mr. Jabsheh, as further described below. ** Calculations of percentage ownership in this Schedule 13D with respect to the Reporting Persons are based upon 42,842,216 Common Shares of the Issuer outstanding as of December 31, 2025 as reported on the Issuer's Report on Form 6-K filed with the Securities and Exchange Commission on February 24, 2026.


SCHEDULE 13D




Comment for Type of Reporting Person:
* Of the total amount of Common Shares which W. Jabsheh Investment Co. Ltd. beneficially owns, (1) it has the present shared right to vote 14,315,581 Common Shares and (2) it has the present shared right to dispose of 14,315,581 of the Common Shares. Of the total amount of Common Shares W. Jabsheh Investment Co. Ltd. beneficially owns, 100% are controlled by Mr. Jabsheh, as further described below. ** Calculations of percentage ownership in this Schedule 13D with respect to the Reporting Persons are based upon 42,842,216 Common Shares of the Issuer outstanding as of December 31, 2025 as reported on the Issuer's Report on Form 6-K filed with the Securities and Exchange Commission on February 24, 2026.


SCHEDULE 13D


Wasef Jabsheh
Signature:/s/ Wasef Jabsheh
Name/Title:Wasef Jabsheh
Date:03/24/2026
W. Jabsheh Investment Co. Ltd.
Signature:/s/ Wasef Jabsheh
Name/Title:Wasef Jabsheh/Director
Date:03/24/2026

FAQ

What does IGIC’s latest Schedule 13D/A Amendment No. 11 report for Wasef Jabsheh?

The filing reports that Executive Chairman Wasef Jabsheh beneficially owned 14,556,131 common shares, or about 33.98% of International General Insurance Holdings Ltd. This ownership is calculated using 42,842,216 shares outstanding as of December 31, 2025, as disclosed in a prior Form 6-K.

How many IGIC shares does W. Jabsheh Investment Co. Ltd. beneficially own?

W. Jabsheh Investment Co. Ltd. beneficially owns 14,315,581 common shares of International General Insurance Holdings Ltd., representing approximately 33.41% of the outstanding common shares. The filing states that 100% of these holdings are controlled by Wasef Jabsheh, who exercises shared voting and dispositive power over them.

What new restricted stock award did IGIC grant to Wasef Jabsheh in 2026?

On February 23, 2026, International General Insurance Holdings Ltd. granted Wasef Jabsheh a restricted stock award of 47,500 common shares. These 2026 restricted shares were awarded as compensation for his role as Executive Chairman of the Board under a 2026 Restricted Share Agreement attached as Exhibit 99.11.

What is the vesting schedule for Wasef Jabsheh’s 2026 restricted IGIC shares?

The 47,500 restricted common shares granted in 2026 vest in three tranches: 15,833 shares on January 2, 2027, 15,833 shares on January 2, 2028, and 15,834 shares on January 2, 2029. Before vesting, Jabsheh may vote these shares but cannot dispose of them.

How much of IGIC’s stock does Wasef Jabsheh control through restricted and other shares?

As of March 18, 2026, Wasef Jabsheh beneficially owned 14,556,131 common shares, including 107,872 unvested restricted shares. These restricted shares are deemed beneficially owned because he has voting rights, although he lacks dispositive power until they vest across 2027, 2028, and 2029.

Did Wasef Jabsheh or his entity trade IGIC shares in the last 60 days?

The filing states that, other than the February 23, 2026 restricted stock grant described in Item 4, no transactions in International General Insurance Holdings Ltd. common shares were effected by Wasef Jabsheh or W. Jabsheh Investment Co. Ltd. during the 60 days preceding the reporting date.
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