James Morgan Roche - 12 Aug 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
Issuer symbol
BWIN
Transactions as of
12 Aug 2024
Net transactions value
-$3,903,052
Form type
4
Filing time
14 Aug 2024, 19:14:47 UTC
Previous filing
09 Aug 2024
Next filing
19 Aug 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BWIN Class A Common Stock Sale $3,536,713 -85,222 -25% $41.50 254,681 12 Aug 2024 Direct F1
transaction BWIN Class A Common Stock Sale $260,766 -6,317 -2.5% $41.28 248,364 13 Aug 2024 Direct F2
transaction BWIN Class A Common Stock Sale $105,573 -2,547 -1% $41.45 245,817 14 Aug 2024 Direct F3
transaction BWIN Class B Common Stock Conversion of derivative security $0 -200,000 -16% $0.000000 1,036,786 14 Aug 2024 Direct
transaction BWIN Class A Common Stock Conversion of derivative security $0 +200,000 +81% $0.000000 445,817 14 Aug 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 BWIN LLC Units in The Baldwin Insurance Group Holdings, LLC Conversion of derivative security $0 -200,000 -16% $0.000000 1,036,786 14 Aug 2024 Class A Common Stock 200,000 $0.000000 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 $41.25 to $42.15. 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 $41.25 to $41.92. 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 $41.25 to $41.75. 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