| Name | Relationship | Address | Signature | Signature date | CIK |
|---|---|---|---|---|---|
| Roche James Morgan | President, The Baldwin Group and CEO, Underwriting, Capacity and Technology Operations | C/O THE BALDWIN INSURANCE GROUP, INC., 4211 W. BOY SCOUT BLVD., SUITE 800, TAMPA | /s/ Seth Cohen, as Attorney-in Fact, for James Roche | 15 Dec 2025 | 0001789496 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | BWIN | Class B Common Stock | Conversion of derivative security | $0 | -240,000 | -23% | $0.000000 | 781,786 | 11 Dec 2025 | Direct | |
| transaction | BWIN | Class A Common Stock | Conversion of derivative security | $0 | +240,000 | +570% | $0.000000 | 282,113 | 11 Dec 2025 | Direct | |
| transaction | BWIN | Class A Common Stock | Sale | $1,400,400 | -60,000 | -21% | $23.34 | 222,113 | 11 Dec 2025 | Direct | F1 |
| transaction | BWIN | Class A Common Stock | Sale | $2,420,000 | -100,000 | -45% | $24.20 | 122,113 | 12 Dec 2025 | Direct | F2 |
| transaction | BWIN | Class A Common Stock | Sale | $1,773,968 | -73,977 | -61% | $23.98 | 48,136 | 15 Dec 2025 | Direct | F3 |
| transaction | BWIN | Class A Common Stock | Sale | $148,768 | -6,023 | -13% | $24.70 | 42,113 | 15 Dec 2025 | Direct | F4 |
| 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 | -240,000 | -23% | $0.000000 | 781,786 | 11 Dec 2025 | Class A Common Stock | 240,000 | $0.000000 | Direct | F5 |
| Id | Content |
|---|---|
| F1 | The price reported is a weighted average price. The reported securities were sold in multiple transactions at prices ranging from $23.02 to $24.01. 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 $24.00 to $24.85. 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 $23.66 to $24.57. 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 | The price reported is a weighted average price. The reported securities were sold in multiple transactions at prices ranging from $24.70 to $24.73. 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. |
| 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. |
President, The Baldwin Group and CEO, Underwriting, Capacity and Technology Operations