Bigh, Llc - May 21, 2024 Form 4 Insider Report for Baldwin Insurance Group, Inc. (BWIN)

Role
Member of 10% Owner Group, 10%+ Owner
Signature
/s/ Seth Cohen, as Attorney-in Fact, for BIGH, LLC
Stock symbol
BWIN
Transactions as of
May 21, 2024
Transactions value $
$0
Form type
4
Date filed
5/23/2024, 09:34 PM
Previous filing
Mar 13, 2024
Next filing
Aug 14, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BWIN Class B Common Stock Other $0 -125K -0.94% $0.00 13.1M May 21, 2024 Direct F1, F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction BWIN LLC Units in Baldwin Risk Partners, LLC Other $0 -125K -0.94% $0.00 13.1M May 21, 2024 Class A Common Stock 125K $0.00 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The securities were distributed by the reporting person to the L. Lowry Baldwin Revocable Trust (the "Baldwin Revocable Trust"), of which L. Lowry Baldwin (who is the sole manager of the managing member of the reporting person and who is deemed to have beneficial ownership of the securities held by the reporting person to the extent of his pecuniary therein) is sole trustee, in exchange for a corresponding reduction in the Baldwin Revocable Trust's ownership of the reporting person.
F2 The reporting person disclaims beneficial ownership in these securities except to the extent of its pecuniary interest therein.
F3 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.