Mark W. Haushill - Feb 27, 2024 Form 4 Insider Report for Skyward Specialty Insurance Group, Inc. (SKWD)

Role
EVP & CFO
Signature
/s/ Stacy E. Skelton, Attorney-in-Fact
Stock symbol
SKWD
Transactions as of
Feb 27, 2024
Transactions value $
-$728,000
Form type
4
Date filed
2/29/2024, 04:12 PM
Previous filing
Feb 27, 2024
Next filing
May 13, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SKWD Common Stock Sale -$728K -20K -10.43% $36.40 172K Feb 28, 2024 Direct F1

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 2024 LTIP - Common Stock Award $0 +3.49K $0.00 3.49K Feb 27, 2024 Common Stock 3.49K Direct F2, F3
transaction SKWD 2024 LTIP - Performance Share Units Award $0 +3.49K $0.00 3.49K Feb 27, 2024 Common Stock 3.49K Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $36.0525 to $36.6145, inclusive. The reporting person undertakes to provide 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 the range set forth above.
F2 Upon vesting, each Restricted Stock Unit ("RSU") settles for one share of the Company's common stock.
F3 Subject to the reporting person's continuous service through the vesting date, 100% of the RSUs shall vest on January 1, 2027.
F4 On February 27, 2024, the reporting person was granted 3,490 Performance Share Units ("PSUs"). Each PSU is equivalent to one share of the Company's common stock. The number of units subject to vest under this award can range from 0% to 150% of the amount shown based on the satisfaction of performance condition targets during the requisite service period. This award fully vests on January 1, 2027.