Smith R Sharon sold AMBC
March 8, 2024 · Form 4 insider transaction
Smith R Sharon sold 6,356 shares of AMBC at $0.00 per share, a transaction worth N/A. The trade was recorded as option exercise and disclosed on an SEC Form 4, filed 3 days after the transaction.
Footnotes
Each restricted stock unit ("RSUs") represents a contingent right to receive one share of the common stock of the Company.; 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 and Performance Stock Unit awards in accordance with Section 409A of the Internal Revenue Code of 1986, as amended.