Octave director granted 6,500 RSUs

Octave Specialty Group director Michael D. Price received a grant of 6,500 restricted stock units (RSUs) on July 1, 2026.

Accepted by SEC EDGAR 07/07/2026 - 05:02 PM EDT Learn about SEC filing dates

Rhea-AI Filing Summary

Octave Specialty Group director Michael D. Price received a grant of 6,500 restricted stock units (RSUs) on July 1, 2026. Each RSU represents a contingent right to one share of common stock at no purchase price. These RSUs vest on July 1, 2027 and will convert into shares when he leaves the Board or if there is a change of control of the company. Following this grant, he directly holds 22,591 RSUs tied to Octave Specialty Group common stock.

Insider Trade Summary

Grant/Award: 6,500 shares

Grant/Award 1 txn

Insider PRICE MICHAEL D

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Units	6,500	$0.00	$0.00

Holdings After Transaction: Restricted Stock Units — 22,591 contracts (Direct)

Holdings Before and After: Restricted Stock Units, 16,091 to 22,591 contracts (Direct)

Footnotes (2)

1. F1. Each restricted stock unit ("RSU") represents a contingent right to receive one share of the common stock of Octave Specialty Group, Inc. (the "Company").
2. F2. RSUs granted on July 1, 2026 shall vest one year later on July 1, 2027. RSUs that have become vested shall settle and convert into shares of common stock upon the date that the reporting person resigns from, or otherwise ceases to be a member of, the Board of Directors of the Company or upon a "change of control" of the Company.

Key Figures

RSUs granted: 6,500 RSUs Post-grant RSU holdings: 22,591 RSUs RSU vesting date: July 1, 2027 +2 more

5 metrics

RSUs granted 6,500 RSUs Grant on July 1, 2026

Post-grant RSU holdings 22,591 RSUs Total directly held after transaction

RSU vesting date July 1, 2027 Vesting of 6,500 granted RSUs

RSU exercise price $0.00 per RSU No purchase price required

Underlying common shares 6,500 shares Each RSU converts into one share

Key Terms

Restricted Stock Units, RSU, change of control

3 terms

Restricted Stock Units financial

"security_title: "Restricted Stock Units""

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.

RSU financial

"Each restricted stock unit ("RSU") represents a contingent right"

Restricted stock units (RSUs) are a form of company shares given to employees as part of their compensation, usually with certain restrictions or conditions, such as remaining with the company for a set period. When these restrictions lift, employees receive actual shares that they can sell or hold. For investors, RSUs can impact a company's stock supply and reflect the company's commitment to attracting and retaining talent.

change of control financial

"upon a "change of control" of the Company"

A change of control occurs when the ownership or management of a company shifts significantly, such as through a sale, merger, or acquisition, resulting in new leadership or ownership structure. This change can impact the company's direction and decision-making, which is important for investors because it may affect the company's stability, strategy, and future prospects.

FAQ

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

What insider transaction did Octave Specialty Group (OSG) report for Michael D. Price?

Octave Specialty Group reported that director Michael D. Price received a grant of 6,500 restricted stock units. These RSUs are a form of stock-based compensation and represent a right to receive shares of common stock in the future, subject to vesting conditions.

When do Michael D. Price’s 6,500 RSUs at Octave Specialty Group (OSG) vest?

The 6,500 restricted stock units granted to Michael D. Price vest on July 1, 2027. Vesting means the units become earned, allowing eventual settlement into common shares if other conditions, such as continued Board service, are satisfied.

What does each RSU granted to Michael D. Price by Octave Specialty Group (OSG) represent?

Each RSU grants a contingent right to receive one share of Octave Specialty Group common stock. No cash exercise price is required, so the units function as equity compensation that turns into shares once vesting and settlement conditions are met.

When will Michael D. Price’s vested RSUs at Octave Specialty Group (OSG) settle into shares?

Vested RSUs will settle and convert into common shares when Michael D. Price resigns from, or otherwise ceases to be a member of, the Board of Directors, or upon a defined change of control event at the company.

How many restricted stock units does Michael D. Price hold after this Octave Specialty Group (OSG) grant?

After receiving the new grant of 6,500 RSUs, Michael D. Price holds a total of 22,591 restricted stock units. All of these RSUs relate to Octave Specialty Group common stock and are held directly in his name according to the filing.

Is Michael D. Price buying or selling Octave Specialty Group (OSG) shares in this Form 4?

This Form 4 shows a grant of 6,500 RSUs to Michael D. Price, not an open-market purchase or sale. It reflects equity compensation awarded by the company rather than a discretionary trade in Octave Specialty Group shares.

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

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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^*

PRICE MICHAEL D

(Last) (First) (Middle)

C/O OCTAVE SPECIALTY GROUP, INC.

40 WALL STREET

(Street)

NEW YORK NEW YORK 10005

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
OCTAVE SPECIALTY GROUP INC [ OSG ]

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

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
07/01/2026

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

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
Restricted Stock Units	(1)	07/01/2026		A		6,500		(2)	(2)	Common Stock	6,500	$0	22,591	D

Explanation of Responses:

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").

2. RSUs granted on July 1, 2026 shall vest one year later on July 1, 2027. RSUs that have become vested shall settle and convert into shares of common stock upon the date that the reporting person resigns from, or otherwise ceases to be a member of, the Board of Directors of the Company or upon a "change of control" of the Company.

Remarks:

	William J. White, attorney in fact	07/07/2026
	** 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)