SCHEDULE: Leah Peed Discloses 6% Stake in American Coastal Insurance
Beneficial Ownership Report
Leah Anneberg Peed has filed an amended Schedule 13G, disclosing a 6.0% beneficial ownership stake in American Coastal Insurance Corp, totaling 2,941,674 shares.
Summary
- Leah Anneberg Peed reported beneficial ownership of 2,941,674 shares of Common Stock in American Coastal Insurance Corp.
- This represents 6.0% of the company's outstanding Common Stock.
- Ms. Peed holds sole dispositive power over all 2,941,674 shares.
- Ms. Peed has shared voting power over all 2,941,674 shares, having granted a voting proxy to R. Daniel Peed in August 2016.
- The shares were not acquired for the purpose of changing or influencing control of the issuer, except for activities solely related to a nomination under Rule 240.14a-11.
Sentiment
Score: 5
Explanation: The filing is a routine beneficial ownership disclosure (Schedule 13G Amendment), which is generally neutral in sentiment as it reports a factual ownership stake without indicating positive or negative company performance or strategic shifts.
Risks
- Potential for influence on corporate governance through the voting proxy granted to R. Daniel Peed, despite the stated intent not to change or influence control.
Future Outlook
NA
Industry Context
This filing is a standard disclosure of significant ownership, common across all publicly traded industries, including the insurance sector. It does not provide specific industry trends or competitive analysis.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Voting Proxy | Leah Anneberg Peed granted a voting proxy for her 2,941,674 shares to R. Daniel Peed in August 2016, transferring sole voting power. | August 2016 | This arrangement centralizes voting power for these shares with R. Daniel Peed, potentially influencing shareholder resolutions and board elections, despite the stated intent not to change or influence control. |
Related Party Transactions
- Leah Anneberg Peed granted a voting proxy for her 2,941,674 shares to R. Daniel Peed in August 2016, suggesting a related party transaction due to the shared last name.
Stakeholder Impact
- Shareholders: The disclosure provides transparency regarding a significant ownership stake and the distribution of voting power for those shares.
Key Dates
| Date | Description |
|---|---|
| August 2016 | Date Leah Anneberg Peed granted a voting proxy to R. Daniel Peed. |
| 06/30/2025 | Date of event requiring the filing of this statement. |
| 08/08/2025 | Date of filing signature. |
Keywords
American Coastal Insurance Corp, Leah Anneberg Peed, Schedule 13G, beneficial ownership, common stock, insurance, shareholder, proxy voting, 910710102
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