Chase M. Clark - 06 Mar 2025 Form 4 Insider Report for Skyward Specialty Insurance Group, Inc. (SKWD)

Role
Chief Underwriting Officer
Signature
/s/ Stacy E. Skelton, Attorney-in-Fact
Issuer symbol
SKWD
Transactions as of
06 Mar 2025
Net transactions value
-$55,314
Form type
4
Filing time
10 Mar 2025, 16:33:00 UTC
Previous filing
27 Feb 2025
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 +1,880 1,880 06 Mar 2025 Direct F1
transaction SKWD Common Stock Sale $23,763 -473 -25% $50.24 1,407 06 Mar 2025 Direct F2, F3
transaction SKWD Common Stock Options Exercise +2,500 +178% 3,907 06 Mar 2025 Direct F1
transaction SKWD Common Stock Sale $31,551 -628 -16% $50.24 3,279 06 Mar 2025 Direct F2, F3

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 2022 LTIP - RSUs Options Exercise $0 -1,880 -100% $0.000000 0 06 Mar 2025 Common Stock 1,880 Direct F1, F4
transaction SKWD 2023 IPO RSU Grant (3-Year) Options Exercise $0 -2,500 -50% $0.000000 2,500 06 Mar 2025 Common Stock 2,500 Direct F1, F5
* 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.
F2 Sales to cover taxes and fees incurred in connection with the vesting and settlement of the Reporting Person's RSUs reported on this Form 4.
F3 Prices reported in Column 4 are weighted average prices. Shares were sold in multiple transactions at prices ranging from $49.53- $51.47, inclusive (weighted average of $50.2399). Reporting Person undertakes to provide to issuer or staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within ranges set forth herein.
F4 On January 1, 2022, the Reporting Person was granted 1,880 RSUs. This award fully vested on January 1, 2025 and settled on March 6, 2025.
F5 On January 12, 2023, in conjunction with the Company's IPO the Reporting Person was granted an RSU award in the amount of 5,000 RSUs; 2,500 of the RSUs vested on January 12, 2025 and settled on March 6, 2025. The remaining 2,500 will fully vest on January 12, 2026 subject to the Reporting Person's continuous service through the vesting date.