Dan PK Bodnar - Jan 1, 2024 Form 4 Insider Report for Skyward Specialty Insurance Group, Inc. (SKWD)

Role
CHIEF INFORMATION OFFICER
Signature
/s/ Stacy E. Skelton, Attorney-in-Fact
Stock symbol
SKWD
Transactions as of
Jan 1, 2024
Transactions value $
-$37,844
Form type
4
Date filed
1/3/2024, 04:38 PM
Previous filing
Mar 1, 2023
Next filing
Feb 29, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SKWD Common Stock Options Exercise +2.82K +23.58% 14.8K Jan 1, 2024 Direct F1, F2
transaction SKWD Common Stock Tax liability -$37.8K -1.12K -7.57% $33.88 13.6K Jan 1, 2024 Direct

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 SKWD Restricted Stock Unit Options Exercise -2.82K -100% 0 Jan 1, 2024 Common Stock 2.82K Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit ("RSU") represents the right to receive, at settlement, one share of common stock of the issuer. This transaction represents the settlement of RSUs in shares of common stock on their scheduled vesting date.
F2 The number of securities reported reflects the November 30, 2023 acquisition of 324 shares of the Company's common stock pursuant to the Skyward Specialty Insurance Group, Inc. 2022 Employee Stock Purchase Plan ("ESPP") for the ESPP purchase period of June 1, 2023 through November 30, 2023.
F3 On January 1, 2021, the reporting person was granted 2,816 RSUs. This award fully vested on January 1, 2024.