Smith R Sharon bought AMBC
March 13, 2024 · Form 4 insider transaction
Smith R Sharon bought 15,597 shares of AMBC at $0.00 per share, a transaction worth N/A. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 2 days after the transaction.
Direction
Acquired (buy-side)
Shares
15,597
Price
$0.00
Total value
N/A
InsiderSmith R Sharon
Role—
CompanyAMBC
SecurityRestricted Stock Units
Transaction codeA: Grant or award
Transaction dateMarch 13, 2024
Filing dateMarch 15, 2024
Shares owned after31,276
OwnershipDirect
10b5-1 planNo
AmendedNo
Footnotes
Each restricted stock unit ("RSU") represents a contingent right to receive one share of the common stock of Ambac Financial Group, Inc. (the "Company").; On March 13, 2024 the reporting person received a grant of 15,597 RSUs as part of their 2024 Long Term Incentive Plan award. The RSUs will vest in three equal annual installments commencing March 13, 2025, March 3, 2026, and March 3, 2027.