Form 4: Baldwin Insurance Group CFO Bradford Hale Reports Stock Disposals for Tax Obligations

Bradford Hale, CFO of Baldwin Insurance Group, reports disposals of Class A Common Stock to cover income tax withholding obligations related to vesting restricted stock.

Summary

• Bradford Hale, the Chief Financial Officer of Baldwin Insurance Group, Inc. (BWIN), filed a Form 4 detailing changes in beneficial ownership.
• On March 17, 2025, Hale disposed of 556 shares of Class A Common Stock at a price of $39.97 to satisfy income tax withholding obligations related to restricted stock vesting from a previous filing on April 5, 2022.
• An additional 402 shares of Class A Common Stock were disposed of at the same price ($39.97) to cover income tax withholding obligations related to restricted stock vesting from a previous filing on May 5, 2021.
• Following these transactions, Hale directly owns 134,659 shares of Class A Common Stock.
• Hale also indirectly owns 10,000 shares of Class A Common Stock through his spouse's revocable trust.

Sentiment

Score: 6

Explanation: The sentiment is neutral. The filing reflects routine transactions to cover tax obligations, which is a normal part of executive compensation. There's no indication of positive or negative sentiment towards the company's prospects.

Industry Context

Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and directors. Disposals to cover tax obligations are common and don't necessarily indicate a negative outlook on the company.

Key Dates