Shakoor Khan - Feb 25, 2025 Form 4 Insider Report for Skyward Specialty Insurance Group, Inc. (SKWD)

Role
SVP CORP. DEVELOPMENT
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, 05:42 PM
Previous filing
Aug 9, 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding SKWD Common Stock 404 Feb 25, 2025 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 2025 LTIP - RSUs Award $0 +844 $0.00 844 Feb 25, 2025 Common Stock 844 Direct F2, F3
transaction SKWD 2025 LTIP - PSUs Award $0 +844 $0.00 844 Feb 25, 2025 Common Stock 844 Direct F4
transaction SKWD 2025 LTIP - PSUs Award $0 +844 $0.00 844 Feb 25, 2025 Common Stock 844 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The number of securities reported reflects the December 1, 2024 acquisition of 189 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, 2024 through November 30, 2024.
F2 Upon vesting, each Restricted Stock Unit ("RSU") settles for one share of the Company's Common Stock.
F3 Subject to the Reporting Person's continuous service through the vesting date, 100% of the RSUs shall vest on January 1, 2028.
F4 On February 25, 2025, the Reporting Person was granted 844 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.
F5 On February 25, 2025, the Reporting Person was granted 844 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.