Form 4 for SKWD Skyward Specialty Insurance Group, Inc.
Accepted 2024-02-29 00:00:00 ET · period of report 2024-02-27 · accession 0001415889-24-005856 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2024-02-29 | 2024-02-28 | SKWD | HAUSHILL MARK W | EVP, CFO | S - Sale | $36.40 | -20.0K | 171.7K | -10% | -$728.0K |
| DM | 2024-02-29 | 2024-02-27 | SKWD | HAUSHILL MARK W | EVP, CFO | A - Grant | $0.00 | +6,980 | 3,490 | New | $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 | Common Stock | 2024-02-28 | S | D | 20,000 | $36.40 | 171,688 | D | — | — | (F1) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $36.0525 to $36.6145, inclusive. The reporting person undertakes to provide the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth above. |
| 2 | Derivative | 2024 LTIP - Performance Share Units | 2024-02-27 | A | A | 3,490 | $0.00 | 3,490 | D | — · — to — | 3,490 Common Stock | (F4) On February 27, 2024, the reporting person was granted 3,490 Performance Share Units ("PSUs"). Each PSU is equivalent to one share of the Company's common stock. The number of units subject to vest under this award can range from 0% to 150% of the amount shown based on the satisfaction of performance condition targets during the requisite service period. This award fully vests on January 1, 2027. |
| 3 | Derivative | 2024 LTIP - Common Stock | 2024-02-27 | A | A | 3,490 | $0.00 | 3,490 | D | — · — to — | 3,490 Common Stock | (F2) Upon vesting, each Restricted Stock Unit ("RSU") settles for one share of the Company's common stock. (F3) Subject to the reporting person's continuous service through the vesting date, 100% of the RSUs shall vest on January 1, 2027. |