Form 4 • Statement of Changes in Beneficial Ownership
Type
Sell
Net shares
-1,541
% of shares
-1.02%
Amount (USD)
$8,629
Insider confidence score
47.5 out of 100
Positive
Negative
Security
Common Stock
Action
Exercise
Date
2026-03-03
Code
M
Net shares
+1,541.0
Acquired/Disposed
Acquired
Shares Owned Before
149,182.0
Shares Owned After
150,723.0
Security
Common Stock
Action
Tax_withhold
Date
2026-03-03
Code
F
Net shares
-1,541.0
Price per Share
$5.60
Amount (USD)
$8,629.60
Acquired/Disposed
Disposed
Shares Owned Before
150,723.0
Shares Owned After
149,182.0
Security
Restricted Stock Units
Action
Exercise
Date
2026-03-03
Code
M
Net shares
-10,261.0
Acquired/Disposed
Disposed
Shares Owned Before
106,200.0
Shares Owned After
95,939.0
Security
Deferred Share Units
Action
Exercise
Date
2026-03-03
Code
M
Net shares
-8,720.0
Acquired/Disposed
Disposed
Shares Owned Before
76,206.0
Shares Owned After
67,486.0
1. The reporting person acquired shares of common stock of Octave Specialty Group, Inc. (the "Company") upon the vesting and settlement of a portion of the reporting person's 2023 and 2024 restrictive stock unit ("RSU") awards.
2. Represents the amount of RSUs that were converted into shares of common stock and withheld by the Company to satisfy certain tax withholding obligations.
3. Each RSU represents a contingent right to receive one share of the common stock of the Company.
4. Represents the aggregate amount of RSUs that vested.
5. Each deferred share unit ("DSU") represents a contingent right to receive one share of common stock of the Company.
6. 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 and Performance Stock Unit awards in accordance with Section 409A of the Internal Revenue Code of 1986, as amended.
This page is for informational purposes only. While we strive for accuracy, the summary may contain inaccuracies or omissions. Please refer to the official SEC filing for authoritative information. Open the SEC filing.