Daniel Galbraith - Aug 29, 2024 Form 4 Insider Report for Baldwin Insurance Group, Inc. (BWIN)

Role
President, The Baldwin Group and CEO, Retail Brokerage Operations; Member of 10% owner group, President, The Baldwin Group and CEO, Retail Brokerage Operations; Member of 10% owner group
Signature
/s/ Seth Cohen, as Attorney-in Fact, for Daniel Galbraith
Stock symbol
BWIN
Transactions as of
Aug 29, 2024
Transactions value $
-$3,474,750
Form type
4
Date filed
8/30/2024, 07:17 PM
Previous filing
May 13, 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 -75K -6.2% $0.00 1.13M Aug 29, 2024 By Trust F1
transaction BWIN Class A Common Stock Conversion of derivative security $0 +75K $0.00 75K Aug 29, 2024 By Trust F1
transaction BWIN Class A Common Stock Sale -$3.47M -75K -100% $46.33 0 Aug 29, 2024 By Trust F1, F2
holding BWIN Class A Common Stock 6.29K Aug 29, 2024 Direct
holding BWIN Class B Common Stock 11.3K Aug 29, 2024 By Trust 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 -75K -6.2% $0.00 1.13M Aug 29, 2024 Class A Common Stock 75K $0.00 By Trust F1, F4
holding BWIN LLC Units in The Baldwin Insurance Group Holdings, LLC 11.3K Aug 29, 2024 Class A Common Stock 11.3K $0.00 By Trust F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These securities are directly held by the Daniel A. Galbraith Revocable Trust, dated July 27, 2020, of which the reporting person is the sole trustee and beneficiary.
F2 The price reported is a weighted average price. The reported securities were sold in multiple transactions at prices ranging from $45.98 to $46.76. 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 These securities are directly held by the Daniel A. Galbraith 2020 Irrevocable Trust dated August 5, 2020, of which Elizabeth A. Galbraith, the reporting person's spouse, serves as the sole trustee.
F4 Each LLC Unit, together with a share of Class B common stock, may be exchanged by the holder for one share of Class A common stock at any time. The LLC Units do not expire.

Remarks:

President, The Baldwin Group and CEO, Retail Brokerage Operations; Member of 10% owner group