{"url_path":"/sec/acic/10-q/2026/item-2","section_key":"item-2","section_title":"Item 2 Unregistered Sales of Equity Securities and Use of Proceeds","topic":"sec","document":{"doc_type":"10-Q","doc_date":"2026-05-08","source_url":"https://www.sec.gov/Archives/edgar/data/1401521/0001401521-26-000029-index.html","accession_number":"0001401521-26-000029","cik":"0001401521","ticker":"ACIC","issuer_name":"AMERICAN COASTAL INSURANCE Corp","edgar_url":"https://www.sec.gov/Archives/edgar/data/1401521/0001401521-26-000029-index.html","primary_entity_key":"0001401521","primary_entity_name":"AMERICAN COASTAL INSURANCE Corp"},"word_count":280,"has_tables":true,"body_markdown":"Item 2. Unregistered Sales of Equity Securities and Use of Proceeds\n\na) Sales of Unregistered Securities\n\nDuring the three months ended March 31, 2026, the Company did not sell any unregistered equity securities.\n\nc) Issuer Purchase of Equity Securities\n\nThe following table summarized the share repurchase activity for the three months ended March 31, 2026:\n\n \n\n \n\n \n\nTotal Number of Shares Purchased\n\n \n\nAverage Price Paid per Share(1)\n\n \n\n \n\nTotal Number of Shares Purchased as Part of Publicly Announced Program(2)\n\n \n\n \n\nApproximate Dollar Value of Shares That May Yet be Repurchased\n\nUnder the Program(2)\n\n \n\n(In ones)\n\n \n\n \n\n \n\n(In ones)\n\n \n\n(In thousands)\n\nJanuary 1 - 31, 2026\n\n                           —\n\n \n\n—\n\n \n\n—\n\n \n\n$25,000\n\nFebruary 1 - 28, 2026\n\n125,352\n\n \n\n$10.91\n\n \n\n125,352\n\n \n\n$23,632\n\nMarch 1 - 31, 2026\n\n313,394\n\n \n\n$11.59\n\n \n\n313,394\n\n \n\n$20,000\n\n     Total\n\n438,746\n\n \n\n \n\n \n\n438,746\n\n \n\n \n\n(1)Average price paid per share includes costs associated with the repurchases but excludes the 1% federal excise tax accrued on our share repurchases pursuant to the Inflation Reduction Act of 2022.\n\n(2)On July 31, 2019, we announced that our board of directors had authorized a share repurchase plan providing for the repurchase of up to $25 million of the Company's common stock. The stock repurchases may be made through solicited or unsolicited transactions in the open market, in privately negotiated transactions, pursuant to Rule 10b5-1 plans, or otherwise, subject to business and market conditions and other factors, and at such times and in such amounts as management and the Board deem appropriate. The authorization has no expiration date. See [Note 15](#note_16_equity) in Part 1, Item 1 of this Quarterly Report on Form 10-Q for additional information related to share repurchases.\n\n49\n\nAMERICAN COASTAL INSURANCE CORPORATION\n\nNotes to Unaudited Condensed Consolidated Financial Statements\n\nMarch 31, 2026"}