Form 4: Baldwin Insurance Group Chief Accounting Officer Reports Stock Transactions
SEC Form 4 Filing
Corbyn N. Lichon, Chief Accounting Officer of Baldwin Insurance Group, reports the disposal of Class A Common Stock to cover tax withholding obligations.
Summary
- Corbyn N. Lichon, the Chief Accounting Officer of Baldwin Insurance Group, filed a Form 4 with the SEC.
- The form details the disposal of Class A Common Stock on March 17, 2025.
- These disposals were to satisfy income tax withholding obligations related to the vesting of restricted stock.
- A total of 390 shares were disposed of at a price of $39.97 per share.
- Following these transactions, Lichon directly owns 47,615 shares of Class A Common Stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing stock transactions for tax purposes, indicating a neutral sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates standard tax-related stock disposals, which are common.
Stakeholder Impact
- The transactions have a minimal impact on shareholders as they are related to tax obligations and do not represent a significant change in ownership.
Key Dates
| Date | Description |
|---|---|
| 05/05/2021 | Date of restricted Class A common stock vesting related to one of the tax withholding obligations. |
| 04/05/2022 | Date of restricted Class A common stock vesting related to one of the tax withholding obligations. |
| 04/04/2023 | Date of restricted Class A common stock vesting related to one of the tax withholding obligations. |
| 04/03/2024 | Date of restricted Class A common stock vesting related to one of the tax withholding obligations. |
| 03/17/2025 | Date of the stock disposal transactions. |
| 03/18/2025 | Date of signature on the Form 4 filing. |
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