Kirby Hill - 01 Jan 2024 Form 4 Insider Report for Skyward Specialty Insurance Group, Inc. (SKWD)

Role: PRESIDENT - INDUSTRY SOLUTIONS
Signature: /s/ Stacy E. Skelton, Attorney-in-Fact
Issuer symbol: SKWD
Transactions as of: 01 Jan 2024
Net transactions value: -$85,276
Form type: 4
Filing time: 03 Jan 2024, 16:42:30 UTC
Previous filing: 01 Mar 2023
Next filing: 29 Feb 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SKWD	Common Stock	Options Exercise		+6,055	+40%		21,132	01 Jan 2024	Direct	F1
transaction	SKWD	Common Stock	Tax liability	$85,276	-2,517	-12%	$33.88	18,615	01 Jan 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		-6,055	-100%		0	01 Jan 2024	Common Stock	6,055		Direct	F1, F2

* 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	On January 1, 2021, the reporting person was granted 6,055 RSUs. This award fully vested on January 1, 2024.