Trevor R. Burgess, Chief Executive Officer, Director, and 10% Owner of Neptune Insurance Holdings Inc., filed a Form 4 on November 3, 2026, disclosing two open-market sales of Class A Common Stock totaling 110,859 shares executed on October 30 and November 2, 2026, under a Rule 10b5-1 trading plan.

Key Highlights

  • First sale: 53,669 shares of Class A Common Stock disposed of on October 30, 2026, at a weighted average price of $29.0459, in multiple transactions ranging from $28.66 to $29.295 per share.
  • Second sale: 57,190 shares disposed of on November 2, 2026, at a weighted average price of $29.4558, in multiple transactions ranging from $29.16 to $29.875 per share.
  • Remaining ownership: Following both transactions, Burgess directly held 2,197,813 shares of Class A Common Stock, according to the filing.
  • 10b5-1 plan: Both sales were effected pursuant to a Rule 10b5-1 trading plan adopted by Burgess on July 31, 2026.
  • Roles: The reporting person is identified in the filing as Director, 10% Owner, and Chief Executive Officer of Neptune Insurance Holdings Inc.
  • Transaction codes: Both transactions carry code "S" (open-market sale), with the deemed execution date matching the transaction date in each case.

Burgess Executes Two Planned Sales of Neptune Insurance Holdings Class A Shares

According to the Form 4 filed with the SEC on November 3, 2026, Trevor R. Burgess sold a combined 110,859 shares of Neptune Insurance Holdings Inc. (NYSE:NP) Class A Common Stock across two trading sessions. The filing states that both sales were carried out under a Rule 10b5-1 trading plan that Burgess adopted on July 31, 2026, and that the form was checked to indicate compliance with the affirmative defense conditions of Rule 10b5-1(c).

The first transaction, on October 30, 2026, involved the disposal of 53,669 shares at a weighted average price of $29.0459. The filing notes these shares were sold in multiple transactions at prices ranging from $28.66 to $29.295, inclusive. Following that sale, Burgess held 2,255,003 shares directly. The second transaction, on November 2, 2026, covered 57,190 shares at a weighted average price of $29.4558, with individual sale prices ranging from $29.16 to $29.875, inclusive, reducing his direct beneficial ownership to 2,197,813 shares.

The filing discloses that Burgess undertakes to provide full information regarding the number of shares sold at each separate price within the stated ranges, upon request by the issuer, any security holder, or the SEC staff. The form was signed by James Steiner as Attorney-in-Fact on November 3, 2026. No derivative securities transactions were reported.

What Was Disclosed

Trevor R. Burgess, CEO and Director of Neptune Insurance Holdings Inc., reported two sales of Class A Common Stock totaling 110,859 shares on October 30 and November 2, 2026, both executed under a pre-established Rule 10b5-1 plan, leaving him with 2,197,813 shares held directly.