Claude LeBlanc - Mar 13, 2025 Form 4 Insider Report for AMBAC FINANCIAL GROUP INC (AMBC)

Role
Chief Executive Officer, Director
Signature
William J. White, attoney-in-fact
Stock symbol
AMBC
Transactions as of
Mar 13, 2025
Transactions value $
-$112,862
Form type
4
Date filed
3/14/2025, 04:37 PM
Previous filing
Mar 10, 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AMBC Common Stock Options Exercise $0 +24.3K +4.61% $0.00 552K Mar 13, 2025 Direct F1
transaction AMBC Common Stock Tax liability -$113K -13.5K -2.44% $8.39 538K Mar 13, 2025 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction AMBC Restricted Stock Units Options Exercise $0 -24.3K -25.4% $0.00 71.5K Mar 13, 2025 Common Stock 24.3K Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the aggregate amount of restricted stock units ("RSUs") that were converted into shares of common stock of Ambac Financial Group, Inc. (the "Company") upon settlement of a portion of the reporting person's 2024 Long Term Incentive Plan award.
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.
F3 Each RSU represents a contingent right to receive one share of the Company's common stock.