James Steiner, Chief Financial Officer and Director of Neptune Insurance Holdings Inc., filed a statement of changes in beneficial ownership on September 10, 2026, reporting a transfer of 400,000 shares of Class A Common Stock into a revocable living trust on September 9, 2026.

Key Highlights

  • Reporting person: James Steiner, serving as Chief Financial Officer and Director of Neptune Insurance Holdings Inc. (NYSE:NP)
  • Transaction date: September 9, 2026, with the filing submitted September 10, 2026
  • Shares transferred: 400,000 shares of Class A Common Stock moved from direct individual ownership to indirect ownership via a living trust
  • No consideration: The transfer was made for no consideration and no price per share was reported
  • Total beneficial ownership unchanged: Steiner's total beneficial ownership remained at 3,749,050 shares of Class A Common Stock before and after the transfer
  • Trust details: The receiving entity is the Living Trust of James Edward Steiner dated July 7, 2016, of which Steiner is the sole grantor, sole trustee, and sole current beneficiary

Neptune Insurance CFO Reorganizes Share Ownership Structure Via Revocable Trust

According to the filing, James Steiner, who serves as both Chief Financial Officer and Director of Neptune Insurance Holdings Inc. (NYSE:NP), reported a transfer of 400,000 shares of Class A Common Stock on September 9, 2026. The transaction code reported is "J," indicating a transfer between accounts or forms of ownership rather than an open-market purchase or sale.

The filing's explanation of responses states that the transfer moved shares from Steiner's individual name into a revocable trust for which he is "the sole grantor, the sole trustee and the sole current beneficiary." The filing further states that "the transfer effected only a change in the form of the Reporting Person's beneficial ownership and did not change his pecuniary interest in the shares." Following the transaction, the filing reports 3,349,050 shares held directly and 400,000 shares held indirectly through the trust, with Steiner's aggregate beneficial ownership in Class A Common Stock of Neptune Insurance Holdings Inc. holding steady at 3,749,050 shares throughout.

Neptune Insurance Holdings Inc. is the issuer identified in the filing. The trust involved, the Living Trust of James Edward Steiner dated July 7, 2016, is categorized under indirect beneficial ownership in Table I of the filing. No derivative securities were reported in Table II.

What Was Disclosed

The filing reports a reorganization of 400,000 Class A Common Stock shares from direct to indirect ownership by Neptune Insurance Holdings Inc.'s CFO, James Steiner. The transfer was made for no consideration into his revocable living trust, leaving his total beneficial ownership at 3,749,050 shares.