Form 4 for BWIN Baldwin Insurance Group, Inc.
Accepted 2025-12-09 00:00:00 ET · period of report 2025-12-05 · accession 0001789496-25-000004 · 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 | 2025-12-09 | 2025-12-05 | BWIN | Roche James Morgan | See Remarks | S - Sale | $25.08 | -15.0K | 42.1K | -26% | -$376.2K |
| DM | 2025-12-09 | 2025-12-05 | BWIN | Roche James Morgan | See Remarks | C - Cnv Deriv | $0.00 | 0 | 1.02M | New | $0 |
| D | 2025-12-09 | 2025-12-05 | BWIN | Roche James Morgan | See Remarks | C - Cnv Deriv | $0.00 | -15.0K | 1.02M | -1% | $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 A Common Stock | 2025-12-05 | S | D | 15,000 | $25.08 | 42,113 | D | — | — | (F1) The price reported is a weighted average price. The reported securities were sold in multiple transactions at prices ranging from $25.00 to $25.46. 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. |
| 2 | Common | Class A Common Stock | 2025-12-05 | C | A | 15,000 | $0.00 | 57,113 | D | — | — | |
| 3 | Common | Class B Common Stock | 2025-12-05 | C | D | 15,000 | $0.00 | 1,021,786 | D | — | — | |
| 4 | Derivative | LLC Units in The Baldwin Insurance Group Holdings, LLC | 2025-12-05 | C | D | 15,000 | $0.00 | 1,021,786 | D | $0.00 · — to — | 15,000 Class A Common Stock | (F2) 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. |