Form 4 for OSG OCTAVE SPECIALTY GROUP INC
Accepted 2025-03-04 00:00:00 ET · period of report 2025-02-28 · accession 0000874501-25-000023 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2025-03-04 | 2025-02-28+ | OSG | LeBlanc Claude | CEO, Dir | M - OptEx | — | +2,040 | 528.3K | +0.4% | — |
| DM | 2025-03-04 | 2025-02-28+ | OSG | LeBlanc Claude | CEO, Dir | F - Tax | $9.53 | -2,040 | 527.4K | -0.4% | -$19.4K |
| DM | 2025-03-04 | 2025-02-28+ | OSG | LeBlanc Claude | CEO, Dir | M - OptEx | — | -2,040 | 364.2K | -0.6% | — |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2025-02-28 | M | A | 1,152 | — | 528,568 | D | — | — | (F1) Each restricted stock unit ("RSU") represents a contingent right to receive one share of the common stock of Ambac Financial Group, Inc. (the "Company"). |
| 2 | Common | Common Stock | 2025-03-03 | M | A | 888 | — | 528,304 | D | — | — | (F1) Each restricted stock unit ("RSU") represents a contingent right to receive one share of the common stock of Ambac Financial Group, Inc. (the "Company"). |
| 3 | Common | Common Stock | 2025-02-28 | F | D | 1,152 | $9.71 | 527,416 | D | — | — | (F2) Represents the amount of RSUs that were converted into shares of common stock and withheld by the Company to satisfy certain tax withholding obligations. |
| 4 | Common | Common Stock | 2025-03-03 | F | D | 888 | $9.30 | 527,416 | D | — | — | (F2) Represents the amount of RSUs that were converted into shares of common stock and withheld by the Company to satisfy certain tax withholding obligations. |
| 5 | Derivative | Restricted Stock Units | 2025-02-28 | M | D | 25,762 | — | 119,247 | D | — · — to — | 25,762 Common Stock | (F1) Each restricted stock unit ("RSU") represents a contingent right to receive one share of the common stock of Ambac Financial Group, Inc. (the "Company"). (F3) Represents the amount of RSUs that vested upon settlement of a portion of the reporting person's 2022 Long Term Incentive Plan award. |
| 6 | Derivative | Deferred Share Units | 2025-03-03 | M | A | 22,576 | — | 386,743 | D | — · — to — | 22,576 Common Stock | (F4) Each deferred share unit ("DSU") represents a contingent right to receive one share of common stock of the Company. (F5) Represents the aggregate amount of RSUs that were converted into an equivalent number of deferred share units ("DSUs") pursuant to the Company's Executive Stock Deferral Plan, which was designed to enable participants to elect to defer the settlement and income taxation of RSU awards in accordance with Section 409A of the Internal Revenue Code of 1986, as amended. |
| 7 | Derivative | Restricted Stock Units | 2025-03-03 | M | D | 23,464 | — | 95,783 | D | — · — to — | 23,464 Common Stock | (F1) Each restricted stock unit ("RSU") represents a contingent right to receive one share of the common stock of Ambac Financial Group, Inc. (the "Company"). (F6) Represents the amount of RSUs that were converted into shares of common stock of the Company upon settlement of a portion of the reporting person's 2023 Long Term Incentive Plan award. |
| 8 | Derivative | Deferred Share Units | 2025-02-28 | M | A | 24,610 | — | 364,167 | D | — · — to — | 24,610 Common Stock | (F4) Each deferred share unit ("DSU") represents a contingent right to receive one share of common stock of the Company. (F5) Represents the aggregate amount of RSUs that were converted into an equivalent number of deferred share units ("DSUs") pursuant to the Company's Executive Stock Deferral Plan, which was designed to enable participants to elect to defer the settlement and income taxation of RSU awards in accordance with Section 409A of the Internal Revenue Code of 1986, as amended. |