R. Sharon Smith - Jul 9, 2025 Form 4 Insider Report for AMBAC FINANCIAL GROUP INC (AMBC)

Role: Exec VP & Chief Strategy Offr
Signature: William White, attorney-in-fact
Stock symbol: AMBC
Transactions as of: Jul 9, 2025
Transactions value $: $0
Form type: 4
Date filed: 7/9/2025, 04:23 PM
Previous filing: Mar 14, 2025
Next filing: Oct 1, 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Smith R Sharon	Exec VP & Chief Strategy Offr	AMBAC FINANCIAL GROUP, INC., ONE WORLD TRADE CENTER, 41ST FLOOR, NEW YORK	William White, attorney-in-fact	2025-07-09	0001707461

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	Award	$0	+35.3K	+228.38%	$0.00	50.8K	Jul 9, 2025	Common Stock	35.3K		Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Each restricted stock unit ("RSU") represents a contingent right to receive one share of the common stock of Ambac Financial Group, Inc. (the "Company").
F2	On July 9, 2025 the reporting person received a grant of 35,307 restricted stock units ("RSUs") as part of their 2025 Long Term Incentive Plan award. The RSUs will vest in three equal annual installments commencing July 9, 2026, July 9, 2027, and July 9, 2028.