Form 4 for OSG OCTAVE SPECIALTY GROUP INC
Accepted 2025-03-04 00:00:00 ET · period of report 2025-02-28 · accession 0000874501-25-000029 · 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 | Trick David | EVP, CFO, Treas | F - Tax | $9.61 | -864 | 156.1K | -0.6% | -$8,307 |
| DM | 2025-03-04 | 2025-02-28+ | OSG | Trick David | EVP, CFO, Treas | M - OptEx | — | +864 | 156.3K | +0.6% | — |
| DM | 2025-03-04 | 2025-02-28+ | OSG | Trick David | EVP, CFO, Treas | M - OptEx | — | -864 | 23.2K | -4% | — |
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 | 2025-03-03 | F | D | 201 | $9.30 | 156,082 | D | — | — | |
| 2 | Common | Common Stock | 2025-02-28 | M | A | 663 | — | 156,745 | 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 | 2025-03-03 | M | A | 201 | — | 156,283 | 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"). |
| 4 | Common | Common Stock | 2025-02-28 | F | D | 663 | $9.71 | 156,082 | D | — | — | |
| 5 | Derivative | Deferred Share Units | 2025-02-28 | M | A | 5,567 | — | 87,749 | D | — · — to — | 5,567 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 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. |
| 6 | Derivative | Deferred Share Units | 2025-03-03 | M | A | 5,473 | — | 93,222 | D | — · — to — | 5,473 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 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 | 2025-02-28 | M | D | 6,230 | — | 28,837 | D | — · — to — | 6,230 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. |
| 8 | Derivative | Restricted Stock Units | 2025-03-03 | M | D | 5,674 | — | 23,163 | D | — · — to — | 5,674 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. |