Octave Specialty Group (OSG) director reports 4,524 RSU grant and 8,650 units held
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Octave Specialty Group Inc. director reports new equity award. A board member of Octave Specialty Group Inc. recorded a grant of 4,524 restricted stock units (RSUs) effective January 1, 2026. Each RSU represents a contingent right to receive one share of the company’s common stock.
The RSUs are scheduled to vest on January 1, 2027. Once vested, they will convert into shares of common stock on the earlier of the vesting date or the date the director leaves the company’s Board of Directors, subject to any deferral election by the reporting person. Following this transaction, the filing shows 8,650 derivative securities beneficially owned on a direct basis.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Matus Kristi Ann
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 4,524 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 8,650 shares (Direct)
Footnotes (1)
- Each restricted stock unit ("RSU") represents a contingent right to receive one share of the common stock of Octave Specialty Group, Inc. (the "Company"). RSU's granted on January 1, 2026 shall vest one year later on January 1, 2027. RSUs that have become vested shall settle and convert into shares of common stock upon the earlier of the vesting date or the date that the reporting person resigns from, or otherwise ceases to be a member of, the Board of Directors of the Company, unless otherwise deferred upon the election of the Reporting person.
FAQ
What insider transaction did Octave Specialty Group Inc (OSG) report?
A director of Octave Specialty Group Inc. reported receiving 4,524 restricted stock units (RSUs) effective January 1, 2026, each tied to one share of common stock.
When do the new RSUs for Octave Specialty Group Inc (OSG) vest?
The RSUs granted on January 1, 2026 are scheduled to vest on January 1, 2027.
How are the Octave Specialty Group Inc (OSG) RSUs settled after vesting?
Vested RSUs will settle into shares of common stock on the earlier of the vesting date or the date the director resigns from, or otherwise ceases to be a member of, the Board, unless the director elects to defer settlement.
What does each Octave Specialty Group Inc (OSG) RSU represent?
Each RSU represents a contingent right to receive one share of Octave Specialty Group Inc. common stock.
How many derivative securities does the Octave Specialty Group Inc (OSG) director hold after this grant?
After the reported transaction, the filing lists 8,650 derivative securities beneficially owned by the director on a direct basis.
What is the role of the reporting person at Octave Specialty Group Inc (OSG)?
The reporting person is identified as a Director of Octave Specialty Group Inc.