Neptune Insurance withholds 254,836 CEO shares for taxes

The new award's vesting begins December 31, 2028, and depends on Burgess remaining in continuous service through each applicable vesting date.

Rhea-AI Filing Summary

Neptune Insurance Holdings Inc. CEO Trevor R. Burgess had 254,836 Class A common shares withheld by the issuer on September 30, 2026, for tax withholding obligations tied to restricted stock unit vesting and settlement; the footnote states that no shares were sold. He also received a 480,544-share time-based RSU award that vests in four quarterly installments of 120,136 shares from December 31, 2028, through September 30, 2029, subject to continuous service. The reported $27.35 per share is the closing price that day.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Burgess Trevor R

Role Chief Executive Officer

Type	Security	Shares	Price	Value
Tax Withholding	Class A Common Stock F1, F2	254,836	$27.35	$6.97M
Grant/Award	Class A Common Stock F3, F2, F4	480,544	$0.00	$0.00

Holdings After Transaction: Class A Common Stock — 2,308,672 shares (Direct)

Footnotes (4)

1. F1. Represents shares of Class A Common Stock withheld by the Issuer to satisfy the Reporting Person's tax withholding obligations in connection with the vesting and settlement of restricted stock units on September 30, 2026. No shares were sold by the Reporting Person. The price reported in Column 4 is the closing price of the Class A Common Stock on the New York Stock Exchange on September 30, 2026.
2. F2. Includes 1,321,976 shares of Class A Common Stock underlying an award of time-based restricted stock units, as amended, which remain held directly by the Reporting Person. The restricted stock units vested as to 660,988 shares on September 30, 2026 and vest as to the remaining 1,321,976 shares in eight quarterly installments of 165,247 shares each on the last day of each calendar quarter thereafter through September 30, 2028, in each case subject to the continuous service of the Reporting Person through the applicable vesting date. Each share of Class A Common Stock received upon the settlement of these restricted stock units may be exchanged by the Reporting Person into one share of the Issuer's Class B Common Stock.
3. F3. Represents shares of Class A Common Stock underlying an award of time-based restricted stock units granted on September 30, 2026. The restricted stock units vest in four quarterly installments of 120,136 shares each on the last day of each calendar quarter from December 31, 2028 through September 30, 2029, in each case subject to the continuous service of the Reporting Person through the applicable vesting date.
4. F4. Includes 480,544 shares of Class A Common Stock underlying the award of time-based restricted stock units reported on this Form 4.

Key Figures

Shares withheld for tax obligations: 254,836 shares Closing price: $27.35 per share Time-based RSU award: 480,544 shares +3 more

6 metrics

Shares withheld for tax obligations 254,836 shares Class A common shares withheld by the issuer on September 30, 2026

Closing price $27.35 per share Closing price on September 30, 2026, cited for the withheld shares

Time-based RSU award 480,544 shares Granted September 30, 2026

Award installment 120,136 shares per installment Four quarterly installments from December 31, 2028, through September 30, 2029

Previously awarded RSUs vested 660,988 shares Vested September 30, 2026

Remaining RSUs in earlier award 1,321,976 shares Vest in eight quarterly installments of 165,247 shares each through September 30, 2028

Key Terms

restricted stock units, tax withholding obligations, continuous service

3 terms

restricted stock units financial

"award of time-based restricted stock units granted"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

tax withholding obligations financial

"to satisfy the Reporting Person's tax withholding obligations"

continuous service financial

"subject to the continuous service of the Reporting Person"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many NP shares did CEO Trevor R. Burgess have withheld, and what was the reported price?

The issuer withheld 254,836 Class A common shares on September 30, 2026, to satisfy tax withholding obligations tied to RSU vesting and settlement. The reported $27.35 per share was the closing price that day, and the footnote says no shares were sold.

How many RSUs did NP grant Trevor R. Burgess?

The time-based award covered 480,544 shares and vests in four quarterly installments of 120,136 shares each from December 31, 2028, through September 30, 2029, subject to Burgess's continuous service through each applicable vesting date.

What remained from Burgess's earlier NP restricted stock unit award?

The earlier award vested as to 660,988 shares on September 30, 2026. The remaining 1,321,976 shares vest in eight quarterly installments of 165,247 shares each through September 30, 2028, subject to continuous service through each applicable vesting date.

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

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Available on EDGAR 10/02/2026 - 04:51 PM Accepted by SEC EDGAR 10/02/2026 - 04:50 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED 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^*

Burgess Trevor R

(Last) (First) (Middle)

C/O NEPTUNE INSURANCE HOLDINGS INC.

400 6TH ST S STE 2

(Street)

SAINT PETERSBURG FLORIDA 33701

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Neptune Insurance Holdings Inc. [ NP ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	X	10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Executive Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
09/30/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	09/30/2026		F		254,836(1)	D	$27.35	1,828,128(2)	D
Class A Common Stock	09/30/2026		A		480,544(3)	A	$0	2,308,672(2)(4)	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents shares of Class A Common Stock withheld by the Issuer to satisfy the Reporting Person's tax withholding obligations in connection with the vesting and settlement of restricted stock units on September 30, 2026. No shares were sold by the Reporting Person. The price reported in Column 4 is the closing price of the Class A Common Stock on the New York Stock Exchange on September 30, 2026.

2. Includes 1,321,976 shares of Class A Common Stock underlying an award of time-based restricted stock units, as amended, which remain held directly by the Reporting Person. The restricted stock units vested as to 660,988 shares on September 30, 2026 and vest as to the remaining 1,321,976 shares in eight quarterly installments of 165,247 shares each on the last day of each calendar quarter thereafter through September 30, 2028, in each case subject to the continuous service of the Reporting Person through the applicable vesting date. Each share of Class A Common Stock received upon the settlement of these restricted stock units may be exchanged by the Reporting Person into one share of the Issuer's Class B Common Stock.

3. Represents shares of Class A Common Stock underlying an award of time-based restricted stock units granted on September 30, 2026. The restricted stock units vest in four quarterly installments of 120,136 shares each on the last day of each calendar quarter from December 31, 2028 through September 30, 2029, in each case subject to the continuous service of the Reporting Person through the applicable vesting date.

4. Includes 480,544 shares of Class A Common Stock underlying the award of time-based restricted stock units reported on this Form 4.

Remarks:

	/s/ James Steiner, as Attorney-in-Fact	10/02/2026
	** 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 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)