Form 4: Baldwin Insurance Group Chief Accounting Officer Reports Tax-Related Stock Transaction

Corbyn N. Lichon, Chief Accounting Officer of Baldwin Insurance Group, reports disposition of shares to cover income tax obligations related to vesting restricted stock.

Summary

• On October 1, 2024, Corbyn N. Lichon, the Chief Accounting Officer of Baldwin Insurance Group, engaged in a transaction involving Class A Common Stock.
• The transaction involved the disposition of 2,747 shares at a price of $49.1 per share.
• This disposition was to satisfy income tax withholding obligations related to the vesting of restricted stock previously reported on April 5, 2021.
• Following the transaction, Lichon directly owns 37,522 shares of Baldwin Insurance Group's Class A Common Stock.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing a routine transaction. It doesn't inherently convey 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 filing indicates a standard tax-related transaction following the vesting of restricted stock, which is a common form of executive compensation.

Stakeholder Impact

• The transaction has a minimal impact on shareholders as it is a routine sale of shares to cover tax obligations.

Key Dates