Sandip A. Kapadia - 01 Jan 2024 Form 4 Insider Report for Skyward Specialty Insurance Group, Inc. (SKWD)

Role
EVP, CHIEF ACTUARY
Signature
/s/ Stacy E. Skelton, Attorney-in-Fact
Issuer symbol
SKWD
Transactions as of
01 Jan 2024
Transactions value $
$0
Form type
4
Filing time
03 Jan 2024, 16:44:09 UTC
Previous filing
01 Mar 2023
Next filing
29 Feb 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SKWD Common Stock Options Exercise +1,394 +13% 12,172 01 Jan 2024 Direct F1, F2
transaction SKWD Common Stock Options Exercise +3,968 +33% 16,140 01 Jan 2024 Direct F1

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 SKWD Restricted Stock Unit Options Exercise -1,394 -100% 0 01 Jan 2024 Common Stock 1,394 Direct F1, F3
transaction SKWD Restricted Stock Unit Options Exercise -3,968 -100% 0 01 Jan 2024 Common Stock 3,968 Direct F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit ("RSU") represents the right to receive, at settlement, one share of common stock of the issuer. This transaction represents the settlement of RSUs in shares of common stock on their scheduled vesting date.
F2 The number of securities reported reflects the November 30, 2023 acquisition of 530 shares of the Company's common stock pursuant to the Skyward Specialty Insurance Group, Inc. 2022 Employee Stock Purchase Plan ("ESPP") for the ESPP purchase period of June 1, 2023 through November 30, 2023.
F3 On January 1, 2021, the reporting person was granted 1,394 RSUs. This award fully vested on January 1, 2024.
F4 On November 5, 2021, the reporting person was granted 3,968 RSUs. This award fully vested on January 1, 2024.