Form 4 for BWIN Baldwin Insurance Group, Inc.
Accepted 2024-03-13 00:00:00 ET · period of report 2024-03-11 · accession 0001214659-24-004520 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2024-03-13 | 2024-03-11 | BWIN | Baldwin Insurance Group Holdings, LLC | 10%, Member of 10% Owner Group | J - Other | $0.00 | -2.22M | 13.37M | -14% | $0 |
| DM | 2024-03-13 | 2024-03-11 | BWIN | Baldwin Insurance Group Holdings, LLC | 10%, Member of 10% Owner Group | J - Other | $0.00 | -2.22M | 13.37M | -14% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Class B Common Stock | 2024-03-11 | J | D | 100,000 | $0.00 | 13,274,090 | D | — | — | (F3) In a transaction exempt from Section 16 pursuant to Rule 16a-13, the securities were distributed by the reporting person to the L. Lowry Baldwin Revocable Trust (the "Baldwin Revocable Trust"), of which L. Lowry Baldwin (who is the sole manager of the managing member of the reporting person and who is deemed to have beneficial ownership of the securities held by the reporting person to the extent of his pecuniary therein) is sole trustee, in exchange for a corresponding reduction in the Baldwin Revocable Trust's ownership of the reporting person. (F2) The reporting person disclaims beneficial ownership in these securities except to the extent of its pecuniary interest therein. |
| 2 | Common | Class B Common Stock | 2024-03-11 | J | D | 2,117,388 | $0.00 | 13,374,090 | D | — | — | (F1) These securities were distributed to a member of the reporting person in exchange for a corresponding reduction in such member's ownership of the reporting person. (F2) The reporting person disclaims beneficial ownership in these securities except to the extent of its pecuniary interest therein. |
| 3 | Derivative | LLC Units in Baldwin Risk Partners, LLC | 2024-03-11 | J | D | 100,000 | $0.00 | 13,274,090 | D | $0.00 · — to — | 100,000 Class A Common Stock | (F3) In a transaction exempt from Section 16 pursuant to Rule 16a-13, the securities were distributed by the reporting person to the L. Lowry Baldwin Revocable Trust (the "Baldwin Revocable Trust"), of which L. Lowry Baldwin (who is the sole manager of the managing member of the reporting person and who is deemed to have beneficial ownership of the securities held by the reporting person to the extent of his pecuniary therein) is sole trustee, in exchange for a corresponding reduction in the Baldwin Revocable Trust's ownership of the reporting person. (F2) The reporting person disclaims beneficial ownership in these securities except to the extent of its pecuniary interest therein. (F4) Each LLC Unit, together with a share of Class B common stock, may be exchanged by the holder into one share of Class A common stock at any time. The LLC Units do not expire. |
| 4 | Derivative | LLC Units in Baldwin Risk Partners, LLC | 2024-03-11 | J | D | 2,117,388 | $0.00 | 13,374,090 | D | $0.00 · — to — | 2,117,388 Class A Common Stock | (F1) These securities were distributed to a member of the reporting person in exchange for a corresponding reduction in such member's ownership of the reporting person. (F2) The reporting person disclaims beneficial ownership in these securities except to the extent of its pecuniary interest therein. (F4) Each LLC Unit, together with a share of Class B common stock, may be exchanged by the holder into one share of Class A common stock at any time. The LLC Units do not expire. |