Trevor Baldwin - Mar 12, 2025 Form 4 Insider Report for Baldwin Insurance Group, Inc. (BWIN)

Role: Chief Executive Officer, Director, Member of 10% Owner Group
Signature: /s/ Seth Cohen, as Attorney-in Fact, for Trevor Baldwin
Stock symbol: BWIN
Transactions as of: Mar 12, 2025
Transactions value $: -$5,444,677
Form type: 4
Date filed: 3/14/2025, 05:55 PM
Previous filing: Mar 4, 2025
Next filing: Mar 18, 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	Sale	-$2.67M	-65.7K	-44.01%	$40.58	83.7K	Mar 12, 2025	Direct	F1
transaction	BWIN	Class A Common Stock	Sale	-$123K	-2.99K	-3.58%	$41.13	80.7K	Mar 12, 2025	Direct	F2
transaction	BWIN	Class A Common Stock	Sale	-$1.54M	-39.2K	-48.62%	$39.22	41.4K	Mar 13, 2025	Direct	F3
transaction	BWIN	Class A Common Stock	Sale	-$490K	-12.2K	-29.53%	$40.03	29.2K	Mar 13, 2025	Direct	F4
transaction	BWIN	Class A Common Stock	Sale	-$625K	-15.9K	-54.45%	$39.33	13.3K	Mar 14, 2025	Direct	F5
holding	BWIN	Class A Common Stock						27.7K	Mar 12, 2025	By TLB 2020 Trust

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The price reported is a weighted average price. The reported securities were sold in multiple transactions at prices ranging from $40.00 to $40.98. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within such range.
F2	The price reported is a weighted average price. The reported securities were sold in multiple transactions at prices ranging from $41.01 to $41.18. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within such range.
F3	The price reported is a weighted average price. The reported securities were sold in multiple transactions at prices ranging from $39.00 to $39.99. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within such range.
F4	The price reported is a weighted average price. The reported securities were sold in multiple transactions at prices ranging from $40.00 to $40.18. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within such range.
F5	The price reported is a weighted average price. The reported securities were sold in multiple transactions at prices ranging from $39.12 to $39.57. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within such range.