Trevor Baldwin - 23 Feb 2026 Form 4 Insider Report for Baldwin Insurance Group, Inc. (BWIN)

Role: Chief Executive Officer, Director, Member of 10% Owner Group
Signature: /s/ Seth Cohen, as Attorney-in Fact, for Trevor Baldwin
Issuer symbol: BWIN
Transactions as of: 23 Feb 2026
Net transactions value: -$284,291
Form type: 4
Filing time: 25 Feb 2026, 20:34:19 UTC
Previous filing: 13 Jun 2025
Next filing: 05 Mar 2026
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Baldwin Trevor	Chief Executive Officer, Director, Member of 10% Owner Group	C/O THE BALDWIN INSURANCE GROUP, INC., 4211 W. BOY SCOUT BLVD., SUITE 800, TAMPA	/s/ Seth Cohen, as Attorney-in Fact, for Trevor Baldwin	25 Feb 2026	0001787711

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	BWIN	Class A Common Stock	Award	$0	+65,655	+579%	$0.000000	76,989	23 Feb 2026	Direct	F1
transaction	BWIN	Class A Common Stock	Tax liability	$284,291	-17,157	-22%	$16.57	59,832	23 Feb 2026	Direct	F2
holding	BWIN	Class A Common Stock						27,676	23 Feb 2026	By TLB 2020 Trust

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents shares of Class A common stock issued to the reporting person in settlement of performance-based restricted stock units ("PSUs") granted in 2023. The PSUs settled based on the achievement of predetermined performance goals.
F2	Represents shares of Class A common stock withheld by the issuer to satisfy income tax withholding obligations in connection with the issuance of the shares of Class A common stock as disclosed in footnote 1.