Form 4: Baldwin Insurance Group Director Jay Cohen Acquires Shares Under 10b5-1 Plan

Baldwin Insurance Group Director Jay A. Cohen acquired 645 shares of Class A Common Stock on July 1, 2025, as part of a Rule 10b5-1 plan, increasing his total beneficial ownership to 14,280 shares.

Summary

• Jay A. Cohen, a Director of Baldwin Insurance Group, Inc. (BWIN), acquired 645 shares of Class A Common Stock.
• The transaction occurred on July 1, 2025.
• The shares were acquired at a price of $0, indicating a grant or award rather than a market purchase.
• Following this transaction, Jay A. Cohen beneficially owns a total of 14,280 shares of Class A Common Stock.
• The acquisition was made pursuant to a Rule 10b5-1 pre-arranged trading plan.

Sentiment

Score: 6

Explanation: The acquisition of shares by a director, even if granted, generally indicates alignment of interests and confidence in the company. However, the $0 price means it's not a direct cash investment, which slightly tempers the positive sentiment compared to an open market purchase.

Positives

• An insider, Director Jay A. Cohen, increased his beneficial ownership in the company, which can be viewed as a sign of confidence in the company's future prospects.
• The transaction was conducted under a Rule 10b5-1 plan, indicating a pre-planned acquisition rather than a reaction to immediate market conditions, which can suggest a long-term perspective.

Negatives

• The acquisition price of $0 suggests the shares were granted (e.g., as compensation or part of an equity award) rather than purchased on the open market, which would typically signal a stronger direct financial commitment from the insider.

Related Party Transactions

• Director Jay A. Cohen acquired 645 shares of Class A Common Stock from Baldwin Insurance Group, Inc. This transaction is inherently a related party transaction as it involves a company insider.

Stakeholder Impact

• Shareholders: May view the insider acquisition as a positive signal of confidence in the company's future, potentially influencing investor sentiment.

Key Dates

Keywords

Baldwin Insurance Group, BWIN, SEC Form 4, Insider Transaction, Stock Acquisition, Director, Jay A. Cohen, 10b5-1 Plan, Class A Common Stock