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Mount Logan Capital (MLCI) Director Files Form 3 Reporting 31,617 Shares

(Neutral)
(Neutral)
Form Type
3

Rhea-AI Filing Summary

Form 3 filing by David Brian Allen reports initial beneficial ownership in Mount Logan Capital Inc. (MLCI). The filing records 31,617 shares of common stock held directly and identifies the reporting person as a director. The event date triggering the filing is 09/12/2025. The filing was signed by a power of attorney on 09/30/2025 and includes a remark that it was filed late due to delay obtaining EdgarNext codes.

Positive

  • Director disclosed direct ownership of 31,617 common shares, improving transparency about insider holdings
  • Filing identifies role as Director, clarifying the reporting person's relationship to the issuer

Negative

  • Filing was submitted late (remark cites delay obtaining EdgarNext codes), which is a compliance lapse

Insights

TL;DR: Routine initial ownership disclosure by a director; late filing noted.

The Form 3 documents a standard disclosure of a director's initial direct stake of 31,617 common shares in Mount Logan Capital Inc. Such filings increase transparency about insider ownership and potential alignment with shareholders. The late filing due to EdgarNext code delays is disclosed, which is important for compliance records but does not change the ownership facts disclosed.

TL;DR: Materiality is low for investors; compliance punctuality is a minor concern.

From a securities-compliance perspective, the disclosure itself is routine and informational: it reports direct ownership and director status. The explicit remark about a late filing is relevant for regulatory monitoring and could prompt internal controls review, but the underlying ownership position is unchanged.

Insider Allen David Brian
Role Director
Type Security Shares Price Value
holding Common Stock, par value $0.001 per share -- -- --
Holdings After Transaction: Common Stock, par value $0.001 per share — 31,617 shares (Direct)

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

What did the Form 3 filed for MLCI report?

The Form 3 reports that David Brian Allen holds 31,617 shares of common stock of Mount Logan Capital Inc. (MLCI) and is a director.

When was the event date that triggered the Form 3 for MLCI?

The event date requiring the statement is 09/12/2025.

Was the Form 3 filed on time for MLCI?

The filing contains a remark that it was filed late due to delays obtaining EdgarNext codes.

Who signed the Form 3 for MLCI and when?

The form was signed by Nikita Klassen by power of attorney on 09/30/2025.

Does the Form 3 show any indirect ownership or derivative positions for MLCI?

No. The form lists only direct ownership of 31,617 common shares and shows no derivative or indirect holdings.
SEC Form 3
FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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: 3235-0104
Estimated average burden
hours per response: 0.5
1. Name and Address of Reporting Person*
Allen David Brian

(Last) (First) (Middle)
650 MADISON AVE
3RD FLOOR

(Street)
NEW YORK CITY NY 10022

(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
09/12/2025
3. Issuer Name and Ticker or Trading Symbol
Mount Logan Capital Inc. [ MLCI ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
5. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock, par value $0.001 per share 31,617 D
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
Remarks:
Filed late due to delay obtaining EdgarNext codes.
/s/ Nikita Klassen by power of attorney 09/30/2025
** Signature of Reporting Person Date
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 5 (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.