Trevor Baldwin - Jun 11, 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
Jun 11, 2025
Transactions value $
-$6,892,106
Form type
4
Date filed
6/13/2025, 05:24 PM
Previous filing
Mar 18, 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Baldwin Trevor Chief Executive Officer, Director, Member of 10% Owner Group C/O THE BALDWIN INSURANCE GROUP, INC., 4211 W. BOY SCOUT BLVD., SUITE 800, TAMPA /s/ Seth Cohen, as Attorney-in Fact, for Trevor Baldwin 2025-06-13 0001787711

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BWIN Class B Common Stock Conversion of derivative security $0 -175K -8.26% $0.00 1.94M Jun 11, 2025 By TLB 2020 Trust
transaction BWIN Class A Common Stock Conversion of derivative security $0 +175K +632.32% $0.00 203K Jun 11, 2025 By TLB 2020 Trust
transaction BWIN Class A Common Stock Sale -$2.23M -58K -28.62% $38.48 145K Jun 11, 2025 By TLB 2020 Trust F1
transaction BWIN Class A Common Stock Sale -$3.69M -92.8K -64.16% $39.79 51.9K Jun 12, 2025 By TLB 2020 Trust F2
transaction BWIN Class A Common Stock Sale -$967K -24.2K -46.63% $39.99 27.7K Jun 12, 2025 By TLB 2020 Trust F3
holding BWIN Class A Common Stock 11.3K Jun 11, 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 BWIN LLC Units in The Baldwin Insurance Group Holdings, LLC Conversion of derivative security $0 -175K -8.26% $0.00 1.94M Jun 11, 2025 Class A Common Stock 175K $0.00 By TLB 2020 Trust F4
* 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 $38.12 to $38.81. 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 $38.96 to $39.95. 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 $39.97 to $40.11. 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 Each LLC Unit, together with a share of Class B common stock, may be exchanged by the holder for one share of Class A common stock at any time. The LLC Units do not expire.