Sandip A. Kapadia - 25 Feb 2025 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
25 Feb 2025
Transactions value $
$0
Form type
4
Filing time
27 Feb 2025, 17:37:26 UTC
Previous filing
06 Jan 2025
Next filing
10 Mar 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding SKWD Common Stock 10,371 25 Feb 2025 Direct

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 2025 LTIP - RSUs Award $0 +1,520 $0.000000 1,520 25 Feb 2025 Common Stock 1,520 Direct F1, F2
transaction SKWD 2025 LTIP - PSUs Award $0 +1,520 $0.000000 1,520 25 Feb 2025 Common Stock 1,520 Direct F3
transaction SKWD 2025 LTIP - PSUs Award $0 +1,520 $0.000000 1,520 25 Feb 2025 Common Stock 1,520 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Upon vesting, each Restricted Stock Unit ("RSU") settles for one share of the Company's Common Stock.
F2 Subject to the Reporting Person's continuous service through the vesting date, 100% of the RSUs shall vest on January 1, 2028.
F3 On February 25, 2025, the Reporting Person was granted 1,520 Performance Share Units ("PSUs"). Each PSU is equivalent to one share of the Company's Common Stock. The number of units subject to vest under this award can range from 0% to 150% of the amount shown based on the satisfaction of performance condition targets during the requisite service period. This award fully vests on December 31, 2027.
F4 On February 25, 2025, the Reporting Person was granted 1,520 PSUs. Each PSU is equivalent to one share of the Company's Common Stock. The number of units subject to vest under this award can range from 0% to 150% of the amount shown based on the satisfaction of performance condition targets during the requisite service period. This award fully vests on December 31, 2027.