SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549 |
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 2)
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AMERICAN COASTAL INSURANCE Corp (Name of Issuer) |
Common Stock, $0.0001 par value (Title of Class of Securities) |
910710102 (CUSIP Number) |
R. Daniel Peed 570 Carillon Parkway, Suite 100, St. Petersburg, FL, 33716 7276330851 Eric T. Juergens 66 Hudson Blvd E, New York, NY, 10001 2129006000 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) |
06/30/2025 (Date of Event Which Requires Filing of This Statement) |
SCHEDULE 13D
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CUSIP No. | 910710102 |
1 |
Name of reporting person
Peed Daniel | ||||||||
2 | Check the appropriate box if a member of a Group (See Instructions)
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3 | SEC use only | ||||||||
4 |
Source of funds (See Instructions)
OO | ||||||||
5 |
Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)
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6 | Citizenship or place of organization
UNITED STATES
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Number of Shares Beneficially Owned by Each Reporting Person With: |
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11 | Aggregate amount beneficially owned by each reporting person
16,800,173.00 | ||||||||
12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)
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13 | Percent of class represented by amount in Row (11)
34.5 % | ||||||||
14 | Type of Reporting Person (See Instructions)
IN |
SCHEDULE 13D
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CUSIP No. | 910710102 |
1 |
Name of reporting person
Peed FLP1, Ltd, L.L.P. | ||||||||
2 | Check the appropriate box if a member of a Group (See Instructions)
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3 | SEC use only | ||||||||
4 |
Source of funds (See Instructions)
OO | ||||||||
5 |
Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)
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6 | Citizenship or place of organization
TEXAS
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Number of Shares Beneficially Owned by Each Reporting Person With: |
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11 | Aggregate amount beneficially owned by each reporting person
11,876,563.00 | ||||||||
12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)
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13 | Percent of class represented by amount in Row (11)
24.4 % | ||||||||
14 | Type of Reporting Person (See Instructions)
PN |
SCHEDULE 13D
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Item 1. | Security and Issuer | |
(a) | Title of Class of Securities:
Common Stock, $0.0001 par value | |
(b) | Name of Issuer:
AMERICAN COASTAL INSURANCE Corp | |
(c) | Address of Issuer's Principal Executive Offices:
570 CARILLON PARKWAY, SUITE 100, SAINT PETERSBURG,
FLORIDA
, 33716. | |
Item 1 Comment:
This Amendment No. 2 (the "Amendment") amends the Statement on Schedule 13D (as amended, the "Statement") initially filed on April 3, 2017 and amended on May 9, 2025 and relates to the shares of common stock ("Shares"), par value $0.0001 (the "Common Stock"), of American Coastal Insurance Corporation, a Delaware corporation (the "Issuer"). The Issuer's principal executive offices are located at 570 Carillon Parkway, Suite 100, St. Petersburg, FL 33716. This Amendment is being filed as a result of sales of Shares by Leah Anneberg Peed, as disclosed on Leah's Form 13G amendment filed on August 8, 2025, over which the reporting persons had a voting proxy. | ||
Item 5. | Interest in Securities of the Issuer | |
(a) | Mr. Peed directly owns 1,981,936 Shares, representing 4.1% of the outstanding Shares. Peed LP1 directly owns 11,876,563 Shares, representing 24.4% of the outstanding Shares, which are indirectly owned by Mr. Peed. Additionally, Mr. Peed has the power to vote 2,941,674 shares held by Leah Anneberg Peed pursuant to a voting proxy dated August 2016, attached to the Statement as Exhibit 4, representing 6.0% of the outstanding Shares. The Reporting Persons beneficially own in aggregate 16,800,173 Shares. The Shares beneficially owned by Reporting Persons represent, in the aggregate, approximately 34.5% of the outstanding Shares. The percentages of beneficial ownership in this Schedule 13D are based on an aggregate of 48,746,722 Shares outstanding as of June 30, 2025, based on information disclosed in the Issuer's Form 10-Q filed on August 7, 2025. | |
(b) | Mr. Peed has the sole power to vote or direct the vote of and dispose or direct the disposition of the 1,981,936 Shares directly held by him. Peed FLP1 and Mr. Peed share the power to vote or direct the vote of and dispose or direct the disposition of the 11,876,563 Shares held directly by Peed FLP1 and held indirectly by Mr. Peed. Additionally, Mr. Peed has the power to vote 2,941,674 Shares held by Leah Anneberg Peed pursuant to a voting proxy dated August 2016 attached to the Statement as Exhibit 4, representing 6.0% of the outstanding Shares. |
SIGNATURE | |
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
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