Form 4 for SKWD Skyward Specialty Insurance Group, Inc.
Accepted 2025-03-10 00:00:00 ET · period of report 2025-03-06 · accession 0001415889-25-007533 · 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 | 2025-03-10 | 2025-03-06 | SKWD | Shaunty Leslie | GC, Sec | M - OptEx | — | +7,937 | 27.5K | +41% | — |
| DM | 2025-03-10 | 2025-03-06 | SKWD | Shaunty Leslie | GC, Sec | S - Sale+OE | $50.24 | -2,240 | 26.1K | -8% | -$112.5K |
| DM | 2025-03-10 | 2025-03-06 | SKWD | Shaunty Leslie | GC, Sec | M - OptEx | $0.00 | -7,937 | 0 | -100% | $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 | 2025-03-06 | M | A | 2,937 | — | 23,344 | D | — | — | (F1) Each Performance Stock Unit ("PSU") represents the right to receive, at settlement, one share of Common Stock of the Issuer. |
| 2 | Common | Common Stock | 2025-03-06 | S | D | 828 | $50.24 | 22,516 | D | — | — | (F3) Prices reported in Column 4 are weighted average prices. Shares were sold in multiple transactions at prices ranging from $49.53- $51.47, inclusive (weighted average of $50.2399). Reporting Person undertakes to provide to issuer or staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within ranges set forth herein. |
| 3 | Common | Common Stock | 2025-03-06 | S | D | 1,412 | $50.24 | 26,104 | D | — | — | (F3) Prices reported in Column 4 are weighted average prices. Shares were sold in multiple transactions at prices ranging from $49.53- $51.47, inclusive (weighted average of $50.2399). Reporting Person undertakes to provide to issuer or staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within ranges set forth herein. |
| 4 | Common | Common Stock | 2025-03-06 | M | A | 5,000 | — | 27,516 | D | — | — | (F4) Each Restricted Stock Unit ("RSU") represents the right to receive, at settlement, one share of Common Stock of the Issuer. |
| 5 | Derivative | 2023 IPO RSU Grant (3-Year) | 2025-03-06 | M | D | 5,000 | $0.00 | 5,000 | D | — · — to — | 5,000 Common Stock | (F6) On January 12, 2023, in conjunction with the Company's IPO the Reporting Person was granted an RSU award in the amount of 10,000 RSUs; 5,000 of the RSUs vested on January 12, 2025 and settled on March 6, 2025. The remaining 5,000 RSUs will fully vest on January 12, 2026 subject to the Reporting Person's continuous service through the vesting date. (F4) Each Restricted Stock Unit ("RSU") represents the right to receive, at settlement, one share of Common Stock of the Issuer. |
| 6 | Derivative | 2022 LTIP - PSUs | 2025-03-06 | M | D | 2,937 | $0.00 | 0 | D | — · — to — | 2,937 Common Stock | (F1) Each Performance Stock Unit ("PSU") represents the right to receive, at settlement, one share of Common Stock of the Issuer. (F5) On January 1, 2022, the Reporting Person was awarded 2,532 PSUs. The PSUs are subject to obtaining specified performance criteria from January 1, 2022 through December 31, 2024. Each PSU is equivalent to one share of the Company's Common Stock. The number of PSUs subject to vest under this award can range from 0% to 150% of the amount shown. This award fully vested on January 1, 2025 and settled upon certification by the Compensation Committee. |