Gary Bowman - Dec 20, 2023 Form 4 Insider Report for Bowman Consulting Group Ltd. (BWMN)

Role: President, CEO and Chairman, Director
Signature: /s/ Gary Bowman by Robert Hickey with Power of Attorney
Stock symbol: BWMN
Transactions as of: Dec 20, 2023
Transactions value $: -$494,350
Form type: 4
Date filed: 12/22/2023, 05:08 PM
Previous filing: Nov 22, 2023
Next filing: Jan 23, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	BWMN	Common Stock	Sale	-$165K	-5K	-0.5%	$33.04	986K	Dec 20, 2023	Direct	F1
transaction	BWMN	Common Stock	Sale	-$164K	-5K	-0.51%	$32.88	981K	Dec 21, 2023	Direct	F1
transaction	BWMN	Common Stock	Sale	-$82.6K	-2.5K	-0.17%	$33.03	1.49M	Dec 20, 2023	Family LLC	F1
transaction	BWMN	Common Stock	Sale	-$82.2K	-2.5K	-0.17%	$32.87	1.49M	Dec 21, 2023	Family LLC	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id	Content
F1	Reflects shares sold under a Rule 10b5-1 trading plan that was adopted on September 15, 2023. The Rule 10b5-1 trading plan (the "Plan") provides for (i) with respect to Mr. Bowman, the sale of up to 80,000 shares of Company common stock, pursuant to the terms of the Plan from December 2023 through October 2024, and (ii) with respect to Bowman Family Asset Management LLC ("BFAM"), an estate planning vehicle established to manage the investments of Mr. Bowman and his family and, of which, Mr. Bowman is manager, the sale of up to 40,000 shares of Company common stock owned by BFAM pursuant to the terms of the Plan from December 2023 through October 2024.

Content

Reflects shares sold under a Rule 10b5-1 trading plan that was adopted on September 15, 2023. The Rule 10b5-1 trading plan (the "Plan") provides for (i) with respect to Mr. Bowman, the sale of up to 80,000 shares of Company common stock, pursuant to the terms of the Plan from December 2023 through October 2024, and (ii) with respect to Bowman Family Asset Management LLC ("BFAM"), an estate planning vehicle established to manage the investments of Mr. Bowman and his family and, of which, Mr. Bowman is manager, the sale of up to 40,000 shares of Company common stock owned by BFAM pursuant to the terms of the Plan from December 2023 through October 2024.