Sandip A. Kapadia - Feb 25, 2025 Form 4 Insider Report for Skyward Specialty Insurance Group, Inc. (SKWD)

Signature
/s/ Stacy E. Skelton, Attorney-in-Fact
Stock symbol
SKWD
Transactions as of
Feb 25, 2025
Transactions value $
$0
Form type
4
Date filed
2/27/2025, 05:37 PM
Previous filing
Jan 6, 2025
Next filing
Mar 10, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding SKWD Common Stock 10.4K Feb 25, 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 +1.52K $0.00 1.52K Feb 25, 2025 Common Stock 1.52K Direct F1, F2
transaction SKWD 2025 LTIP - PSUs Award $0 +1.52K $0.00 1.52K Feb 25, 2025 Common Stock 1.52K Direct F3
transaction SKWD 2025 LTIP - PSUs Award $0 +1.52K $0.00 1.52K Feb 25, 2025 Common Stock 1.52K 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.