James Roche - Aug 8, 2024 Form 4 Insider Report for Baldwin Insurance Group, Inc. (BWIN)

Role
President, The Baldwin Group and CEO, Underwriting, Capacity and Technology Operations
Signature
/s/ Seth Cohen, as Attorney-in Fact, for James Roche
Stock symbol
BWIN
Transactions as of
Aug 8, 2024
Transactions value $
-$3,925,063
Form type
4
Date filed
8/9/2024, 07:19 PM
Previous filing
May 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 Conversion of derivative security $0 -200K -13.92% $0.00 1.24M Aug 8, 2024 Direct
transaction BWIN Class A Common Stock Conversion of derivative security $0 +200K +85.65% $0.00 433K Aug 8, 2024 Direct
transaction BWIN Class A Common Stock Sale -$957K -22.9K -5.29% $41.77 411K Aug 8, 2024 Direct F1
transaction BWIN Class A Common Stock Sale -$582K -13.8K -3.35% $42.28 397K Aug 8, 2024 Direct F2
transaction BWIN Class A Common Stock Sale -$2.39M -56.9K -14.34% $41.92 340K Aug 9, 2024 Direct 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 BWIN LLC Units in The Baldwin Insurance Group Holdings, LLC Conversion of derivative security $0 -200K -13.92% $0.00 1.24M Aug 8, 2024 Class A Common Stock 200K $0.00 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 is a weighted average price. The reported securities were sold in multiple transactions at prices ranging from $41.47 to $41.99. The reporting person undertakes to provide to 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 such range.
F2 The price reported is a weighted average price. The reported securities were sold in multiple transactions at prices ranging from $42.00 to $42.89. The reporting person undertakes to provide to 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 such range.
F3 The price reported is a weighted average price. The reported securities were sold in multiple transactions at prices ranging from $41.59 to $42.30. The reporting person undertakes to provide to 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 such range.
F4 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.

Remarks:

President, The Baldwin Group and CEO, Underwriting, Capacity and Technology Operations