No trading action warranted. The correction is administrative and does not change voting outcomes or company economics. Monitor the May 28 annual meeting for any shareholder proposals or activist activity.
Price Chart
Executive Summary
Neptune Insurance Holdings filed a DEFA14A supplement to correct an immaterial error in its proxy statement's beneficial ownership table. The correction reduces reported insider Class A ownership from 55.7% to 11.6%, though total voting power remains at 85.8% due to the CEO's super-voting Class B shares. This is a routine administrative correction with no material impact on the upcoming annual meeting or company fundamentals.
Key Financial Metrics
Key Facts
- Corrected Class A shares outstanding from 94,600,000 to 94,895,913 as of record date April 7, 2026.
- Insider group Class A ownership revised from 55.7% to 11.6% (11,033,050 shares).
- Insider group total voting power revised from 92.9% to 85.8%.
- CEO Trevor Burgess controls 84.0% of total voting power via 49,595,000 Class B shares (10 votes each).
- Annual meeting date unchanged: May 28, 2026.
- No changes to proposals being voted on.
Financial Impact
No financial impact — correction of beneficial ownership disclosure only.
Risk Factors
- None from this filing — routine proxy correction.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 4 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| DEFA14A Filing (Primary) | 0001628280-26-033566 |
| Document: 0001628280-26-033566-index-headers.html | 0001628280-26-033566 |
| Document: 0001628280-26-033566-index.html | 0001628280-26-033566 |
| Document: 0001628280-26-033566.txt | 0001628280-26-033566 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 20, 2026 6d ago | 8-K | $28.39 | awaiting T+5 | — | $28.22 (−0.62%) |
Jul 31, 2026 12w ago | Insider Cluster | $31.63 $31.17 | ▲ +1.45% | ▲ +3.48% | $28.22 (+10.80%) |
Jul 29, 2026 12w ago | 144 | $31.66 $32.83 | ▼ −3.70% | ▼ −0.07% | $28.22 (+10.88%) |
May 19, 2026 22w ago | Insider Cluster | $27.78 $27.91 | ▼ −0.47% | ▲ +1.33% | $28.22 (−1.57%) |
May 14, 2026 23w ago | 424B4 | $28.00 $27.87 | ▲ +0.46% | ▲ +1.43% | $28.22 (−0.77%) |
May 14, 2026 23w ago | EFFECT | $27.46 $27.27 | ▲ +0.69% | ▼ −0.03% | $28.22 (−2.75%) |
May 11, 2026 24w ago | S-1 | $28.54 $27.22 | ▼ −4.63% | ▼ −4.70% | $28.22 (−1.14%) |
May 11, 2026 24w ago | DEFA14A | $28.54 $27.22 | ▼ −4.63% | ▼ −4.70% | $28.22 (−1.14%) |
Apr 22, 2026 26w ago | 8-K | $27.18 $25.91 | ▼ −4.67% | ▼ −6.15% | $28.22 (+3.81%) |
Apr 17, 2026 27w ago | DEFA14A | $27.66 $26.81 | ▼ −3.07% | ▼ −3.63% | $28.22 (+2.01%) |
US Market Status
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