Form 4 for BWIN Baldwin Insurance Group, Inc.
Accepted 2025-06-11 00:00:00 ET · period of report 2025-06-09 · accession 0001781755-25-000078 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DMI | 2025-06-11 | 2025-06-09 | BWIN | Baldwin Lowry | Dir, 10%, See Remarks | J - Other | $0.00 | 0 | 12.57M | New | $0 |
| DMI | 2025-06-11 | 2025-06-09 | BWIN | Baldwin Lowry | Dir, 10%, See Remarks | C - Cnv Deriv | $0.00 | 0 | 50.0K | New | $0 |
| DI | 2025-06-11 | 2025-06-09 | BWIN | Baldwin Lowry | Dir, 10%, See Remarks | S - Sale | $38.98 | -50.0K | 0 | -100% | -$1.95M |
| DI | 2025-06-11 | 2025-06-09 | BWIN | Baldwin Lowry | Dir, 10%, See Remarks | C - Cnv Deriv | $0.00 | -50.0K | 0 | -100% | $0 |
| DMI | 2025-06-11 | 2025-06-09 | BWIN | Baldwin Lowry | Dir, 10%, See Remarks | J - Other | $0.00 | 0 | 12.57M | 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 | Class B Common Stock | 2025-06-09 | J | A | 50,000 | $0.00 | 50,000 | I By Trust | — | — | (F1) These securities were distributed by BIGH, LLC ("BIGH") to the Honey Bee Family Trust, of which the spouse of the reporting person (who is the sole manager of the manager of BIGH and who is deemed to have beneficial ownership of the securities held by BIGH to the extent of his pecuniary therein) is sole trustee, in exchange for a corresponding reduction in the Honey Bee Family Trust's ownership of BIGH. (F3) These securities are directly held by the Honey Bee Family Trust, of which the spouse of the reporting person serves as sole trustee. The reporting person disclaims beneficial ownership of these securities. |
| 2 | Common | Class B Common Stock | 2025-06-09 | C | D | 50,000 | $0.00 | 0 | I By Trust | — | — | (F3) These securities are directly held by the Honey Bee Family Trust, of which the spouse of the reporting person serves as sole trustee. The reporting person disclaims beneficial ownership of these securities. |
| 3 | Common | Class A Common Stock | 2025-06-09 | C | A | 50,000 | $0.00 | 50,000 | I By Trust | — | — | (F3) These securities are directly held by the Honey Bee Family Trust, of which the spouse of the reporting person serves as sole trustee. The reporting person disclaims beneficial ownership of these securities. |
| 4 | Common | Class A Common Stock | 2025-06-09 | S | D | 50,000 | $38.98 | 0 | I By Trust | — | — | (F4) The price reported is a weighted average price. The reported securities were sold in multiple transactions at prices ranging from $38.84 to $39.28. The reporting person undertakes to provide to 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 such range. (F3) These securities are directly held by the Honey Bee Family Trust, of which the spouse of the reporting person serves as sole trustee. The reporting person disclaims beneficial ownership of these securities. |
| 5 | Common | Class B Common Stock | 2025-06-09 | J | D | 50,000 | $0.00 | 12,572,590 | I By BIGH, LLC | — | — | (F1) These securities were distributed by BIGH, LLC ("BIGH") to the Honey Bee Family Trust, of which the spouse of the reporting person (who is the sole manager of the manager of BIGH and who is deemed to have beneficial ownership of the securities held by BIGH to the extent of his pecuniary therein) is sole trustee, in exchange for a corresponding reduction in the Honey Bee Family Trust's ownership of BIGH. (F2) The reporting person disclaims beneficial ownership in these securities except to the extent of his pecuniary interest therein. |
| 6 | Derivative | LLC Units in The Baldwin Insurance Group Holdings, LLC | 2025-06-09 | C | D | 50,000 | $0.00 | 0 | I By Trust | $0.00 · — to — | 50,000 Class A Common Stock | (F3) These securities are directly held by the Honey Bee Family Trust, of which the spouse of the reporting person serves as sole trustee. The reporting person disclaims beneficial ownership of these securities. (F5) Each LLC Unit, together with a share of Class B common stock, may be exchanged by the holder for one share of Class A common stock at any time. The LLC Units do not expire. |
| 7 | Derivative | LLC Units in The Baldwin Insurance Group Holdings, LLC | 2025-06-09 | J | A | 50,000 | $0.00 | 50,000 | I By Trust | $0.00 · — to — | 50,000 Class A Common Stock | (F1) These securities were distributed by BIGH, LLC ("BIGH") to the Honey Bee Family Trust, of which the spouse of the reporting person (who is the sole manager of the manager of BIGH and who is deemed to have beneficial ownership of the securities held by BIGH to the extent of his pecuniary therein) is sole trustee, in exchange for a corresponding reduction in the Honey Bee Family Trust's ownership of BIGH. (F3) These securities are directly held by the Honey Bee Family Trust, of which the spouse of the reporting person serves as sole trustee. The reporting person disclaims beneficial ownership of these securities. (F5) Each LLC Unit, together with a share of Class B common stock, may be exchanged by the holder for one share of Class A common stock at any time. The LLC Units do not expire. |
| 8 | Derivative | LLC Units in The Baldwin Insurance Group Holdings, LLC | 2025-06-09 | J | D | 50,000 | $0.00 | 12,572,590 | I By BIGH, LLC | $0.00 · — to — | 50,000 Class A Common Stock | (F1) These securities were distributed by BIGH, LLC ("BIGH") to the Honey Bee Family Trust, of which the spouse of the reporting person (who is the sole manager of the manager of BIGH and who is deemed to have beneficial ownership of the securities held by BIGH to the extent of his pecuniary therein) is sole trustee, in exchange for a corresponding reduction in the Honey Bee Family Trust's ownership of BIGH. (F2) The reporting person disclaims beneficial ownership in these securities except to the extent of his pecuniary interest therein. (F5) Each LLC Unit, together with a share of Class B common stock, may be exchanged by the holder for one share of Class A common stock at any time. The LLC Units do not expire. |