BIGH, LLC - 12 May 2025 Form 4 Insider Report for Baldwin Insurance Group, Inc. (BWIN)

Role
Member of 10% Owner Group, 10%+ Owner
Signature
/s/ Seth Cohen, as Attorney-in Fact, for BIGH, LLC
Issuer symbol
BWIN
Transactions as of
12 May 2025
Net transactions value
$0
Form type
4
Filing time
14 May 2025, 17:42:05 UTC
Previous filing
05 Mar 2025
Next filing
11 Jun 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
BIGH, LLC Member of 10% Owner Group, 10%+ Owner 4211 W. BOY SCOUT BLVD., SUITE 800, TAMPA /s/ Seth Cohen, as Attorney-in Fact, for BIGH, LLC 14 May 2025 0001787620

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BWIN Class B Common Stock Other $0 -30,000 -0.23% $0.000000 12,747,590 12 May 2025 Direct F1, F2
transaction BWIN Class B Common Stock Other $0 -62,500 -0.49% $0.000000 12,685,090 12 May 2025 Direct F2, F3
transaction BWIN Class B Common Stock Other $0 -62,500 -0.49% $0.000000 12,622,590 12 May 2025 Direct F2, F4

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 Other $0 -30,000 -0.23% $0.000000 12,747,590 12 May 2025 Class A Common Stock 30,000 $0.000000 Direct F1, F2, F5
transaction BWIN LLC Units in The Baldwin Insurance Group Holdings, LLC Other $0 -62,500 -0.49% $0.000000 12,685,090 12 May 2025 Class A Common Stock 62,500 $0.000000 Direct F2, F3, F5
transaction BWIN LLC Units in The Baldwin Insurance Group Holdings, LLC Other $0 -62,500 -0.49% $0.000000 12,622,590 12 May 2025 Class A Common Stock 62,500 $0.000000 Direct F2, F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These securities were distributed to a member of the reporting person in exchange for a corresponding reduction in such member's ownership of the reporting person.
F2 The reporting person disclaims beneficial ownership in these securities except to the extent of its pecuniary interest therein.
F3 The securities were distributed by the reporting person to the L. Lowry Baldwin Revocable Family Trust (the "Baldwin Revocable Trust"), of which L. Lowry Baldwin (who is the sole manager of the manager of the reporting person and who is deemed to have beneficial ownership of the securities held by the reporting person to the extent of his pecuniary therein) is sole trustee, in exchange for a corresponding reduction in the Baldwin Revocable Trust's ownership of the reporting person.
F4 The securities were distributed by the reporting person to The Pop Pop Trust, of which L. Lowry Baldwin (who is the sole manager of the manager of the reporting person and who is deemed to have beneficial ownership of the securities held by the reporting person to the extent of his pecuniary therein) is sole trustee, in exchange for a corresponding reduction in The Pop Pop Trust's ownership of the reporting person.
F5 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.