February 15, 2024 · Form 4 insider transaction
Norton Samuel H sold 50,000 shares of AMBAC FINL GROUP INC at $6.28 per share, a transaction worth $313.9K. The trade was recorded as open-market sale under a pre-scheduled Rule 10b5-1 plan and disclosed on an SEC Form 4, filed 1 day after the transaction.
This transaction was made pursuant to a 10b5-1 plan put into place with a term beginning on August 15, 2023 and ending November 15, 2024 that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).; The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions with prices ranging from $6.1700 to $6.3450 inclusive. The reporting person undertakes to provide to Overseas Shipholding Group, Inc., any security holder of OverseasShipholding Group, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in Footnote (2) to this Form 4.; Shares are held in a revocable trust in which Mr. Norton is sole trustee.