Thomas N. Schmitt - 06 Mar 2025 Form 4 Insider Report for Skyward Specialty Insurance Group, Inc. (SKWD)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
10 Mar 2025, 16:37:04 UTC
Prior SEC filing
04 Mar 2025
Next SEC filing
11 Dec 2025
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Stacy E. Skelton, Attorney-in-Fact

Key filing fact

Thomas N. Schmitt filed Form 4 for Skyward Specialty Insurance Group, Inc. (SKWD) on 10 Mar 2025.

Key facts

  • This page summarizes Thomas N. Schmitt's Form 4 filing for Skyward Specialty Insurance Group, Inc. (SKWD).
  • 6 reported transactions and 2 derivative rows are listed below.
  • Accepted by SEC: 10 Mar 2025, 16:37.

Change

  • Previous filing in this sequence was filed on 04 Mar 2025.
  • Current net transaction value: -$182,120.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

SKWD transaction

Common Stock

Options Exercise

Transaction value
Shares
+4,406
Change %
+112%
Price
Shares after
8,352
Date
06 Mar 2025
Ownership
Direct
Footnotes
F1
SKWD transaction

Common Stock

Sale

Transaction value
$85,257
Shares
-1,697
Change %
-20%
Price
$50.24
Shares after
6,655
Date
06 Mar 2025
Ownership
Direct
Footnotes
F2, F3
SKWD transaction

Common Stock

Options Exercise

Transaction value
Shares
+5,000
Change %
+75%
Price
Shares after
11,655
Date
06 Mar 2025
Ownership
Direct
Footnotes
F4
SKWD transaction

Common Stock

Sale

Transaction value
$96,863
Shares
-1,928
Change %
-17%
Price
$50.24
Shares after
9,727
Date
06 Mar 2025
Ownership
Direct
Footnotes
F2, F3

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

SKWD transaction Derivative

2022 LTIP - PSUs

Options Exercise

Transaction value
$0
Shares
-4,604
Change %
-100%
Price
$0.000000
Shares after
0
Date
06 Mar 2025
Ownership
Direct
Underlying class
Common Stock
Underlying amount
4,604
Exercise price
Footnotes
F1, F5
SKWD transaction Derivative

2023 IPO RSU Grant (3-Year)

Options Exercise

Transaction value
$0
Shares
-5,000
Change %
-50%
Price
$0.000000
Shares after
5,000
Date
06 Mar 2025
Ownership
Direct
Underlying class
Common Stock
Underlying amount
5,000
Exercise price
Footnotes
F4, F6
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 6 footnotes

Footnote F1

Each Performance Stock Unit ("PSU") represents the right to receive, at settlement, one share of Common Stock of the Issuer.

Footnote F2

Sales to cover taxes and fees incurred in connection with the vesting and settlement of the Reporting Person's RSUs and PSUs reported on this Form 4.

Footnote F3

Prices reported in Column 4 are weighted average prices. Shares were sold in multiple transactions at prices ranging from $49.53- $51.47, inclusive (weighted average of $50.2399). Reporting Person undertakes to provide to issuer or staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within ranges set forth herein.

Footnote F4

Each Restricted Stock Unit ("RSU") represents the right to receive, at settlement, one share of Common Stock of the Issuer.

Footnote F5

On January 1, 2022, the Reporting Person was awarded 3,799 PSUs. The PSUs are subject to obtaining specified performance criteria from January 1, 2022 through December 31, 2024. Each PSU is equivalent to one share of the Company's Common Stock. The number of PSUs subject to vest under this award can range from 0% to 150% of the amount shown. This award fully vested on January 1, 2025 and settled upon certification by the Compensation Committee.

Footnote F6

On January 12, 2023, in conjunction with the Company's IPO the Reporting Person was granted an RSU award in the amount of 10,000 RSUs; 5,000 of the RSUs vested on January 12, 2025 and settled on March 6, 2025. The remaining 5,000 RSUs will fully vest on January 12, 2026 subject to the Reporting Person's continuous service through the vesting date.

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