Form 4 for OSG OCTAVE SPECIALTY GROUP INC
Accepted 2025-03-14 00:00:00 ET · period of report 2025-03-13 · accession 0000874501-25-000056 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2025-03-14 | 2025-03-13 | OSG | McGinnis Daniel | COO, Sr. MD | F - Tax | $8.39 | -94 | 18.5K | -0.5% | -$788.66 |
| D | 2025-03-14 | 2025-03-13 | OSG | McGinnis Daniel | COO, Sr. MD | M - OptEx | $0.00 | +94 | 18.6K | +0.5% | $0 |
| DM | 2025-03-14 | 2025-03-13 | OSG | McGinnis Daniel | COO, Sr. MD | M - OptEx | $0.00 | -94 | 29.8K | -0.3% | $0 |
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 | 2025-03-13 | F | D | 94 | $8.39 | 18,456 | 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. |
| 2 | Common | Common Stock | 2025-03-13 | M | A | 94 | $0.00 | 18,550 | D | — | — | (F1) The reporting person acquired 94 shares of common stock of Ambac Financial Group, Inc. (the "Company") upon the vesting and settlement of a portion of the reporting person's 2024 Restrictive Stock Unit Long Term Incentive Plan ("2024 RSU LTIP") award. |
| 3 | Derivative | Restricted Stock Units | 2025-03-13 | M | D | 2,584 | $0.00 | 8,058 | D | — · — to — | 2,584 Common Stock | (F3) Each RSU represents a contingent right to receive one share of common stock of Ambac Financial Group, Inc. (F4) Represents the aggregate amount of RSUs that were converted into an equivalent number of deferred shared 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 and Performance Stock Unit awards in accordance with Section 409A of the Internal Revenue Code of 1986, as amended. |
| 4 | Derivative | Restricted Stock Units | 2025-03-13 | M | D | 94 | $0.00 | 7,964 | D | — · — to — | 94 Common Stock | (F3) Each RSU represents a contingent right to receive one share of common stock of Ambac Financial Group, Inc. (F5) Represents the aggregate amount of RSUs that were converted into shares of common stock of Company upon settlement of a portion of the reporting person's 2024 Long Term Incentive Plan award. |
| 5 | Derivative | Deferred Share Units | 2025-03-13 | M | A | 2,584 | $0.00 | 29,832 | D | — · — to — | 2,584 Common Stock | (F6) Each DSU represents a contingent right to receive one share of common stock of the Company. (F4) Represents the aggregate amount of RSUs that were converted into an equivalent number of deferred shared 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 and Performance Stock Unit awards in accordance with Section 409A of the Internal Revenue Code of 1986, as amended. |