Form 4: Baldwin Insurance Group Chief Accounting Officer Reports Stock Transaction
SEC Form 4 Filing
Corbyn N. Lichon, Chief Accounting Officer of Baldwin Insurance Group, reports disposition of shares to cover tax obligations related to vesting restricted stock.
Summary
- Corbyn N. Lichon, the Chief Accounting Officer of Baldwin Insurance Group, filed a Form 4 with the SEC.
- The filing reports a transaction on April 1, 2025, where 858 shares of Class A Common Stock were disposed of to satisfy income tax withholding obligations.
- The shares were withheld by the issuer at a price of $43.93 per share.
- Following the transaction, Lichon beneficially owns 46,757 shares of Class A Common Stock directly.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing regarding a standard transaction. It doesn't indicate positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This transaction is a common occurrence where shares are withheld to cover tax obligations upon vesting of restricted stock.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a standard procedure for covering tax obligations.
Key Dates
| Date | Description |
|---|---|
| 04/05/2021 | Date of Form 4 filing related to restricted stock vesting. |
| 04/01/2025 | Date of stock transaction (disposal of shares for tax withholding). |
| 04/03/2025 | Date of signature on the Form 4 filing. |
Keywords
Form 4, SEC Filing, Baldwin Insurance Group, BWIN, Corbyn Lichon, Chief Accounting Officer, Stock Transaction, Beneficial Ownership, Tax Withholding
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