James Roche - Feb 19, 2025 Form 4 Insider Report for Baldwin Insurance Group, Inc. (BWIN)

Role: President, The Baldwin Group and CEO, Underwriting, Capacity and Technology Operations
Signature: /s/ Seth Cohen, as Attorney-in-Fact, for James Roche
Stock symbol: BWIN
Transactions as of: Feb 19, 2025
Transactions value $: -$465,567
Form type: 4
Date filed: 2/21/2025, 06:45 PM
Previous filing: Aug 19, 2024
Next filing: Mar 4, 2025
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	BWIN	Class A Common Stock	Award	$0	+26.9K	+24.74%	$0.00	136K	Feb 19, 2025	Direct	F1
transaction	BWIN	Class A Common Stock	Tax liability	-$466K	-11.4K	-8.39%	$40.85	124K	Feb 19, 2025	Direct	F2

* 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 2022. 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.

Remarks:

President, The Baldwin Group and CEO, Underwriting, Capacity and Technology Operations