Form 4: Baldwin Insurance Group CFO Bradford Hale Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Bradford Hale, CFO of Baldwin Insurance Group, reports acquisition of shares as an annual bonus and disposition of shares to cover tax obligations.
Summary
- On February 28, 2025, Bradford Hale, the CFO of Baldwin Insurance Group, acquired 27,110 shares of Class A common stock as an annual bonus.
- On the same date, Hale disposed of 10,667 shares of Class A common stock to satisfy income tax withholding obligations related to the bonus shares at a price of $41.14.
- Following these transactions, Hale directly owns 135,617 shares of Class A common stock and indirectly owns 10,000 shares through a trust held by his spouse.
Sentiment
Score: 6
Explanation: Neutral sentiment as the filing reflects routine transactions related to executive compensation and tax obligations.
Positives
- The acquisition of shares as an annual bonus indicates confidence in the company's performance.
Industry Context
Form 4 filings are standard practice for company insiders to report changes in their ownership of company stock, providing transparency to investors.
Stakeholder Impact
- The transactions provide transparency to shareholders regarding insider ownership.
Key Dates
| Date | Description |
|---|---|
| July 28, 2009 | Date of the Amy W. Hale Revocable Trust |
| December 31, 2024 | Fiscal year end for which the bonus was awarded |
| February 28, 2025 | Date of the transactions: acquisition of bonus shares and disposition for tax withholding |
| March 04, 2025 | Date of the report filing |
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