Form 4: Baldwin Insurance Group Executive Corbyn Lichon Reports Stock Transactions

Corbyn Lichon, Chief Accounting Officer of Baldwin Insurance Group, reports acquisition and disposal of Class A Common Stock related to performance-based restricted stock units.

Summary

• On February 19, 2025, Corbyn Lichon, Chief Accounting Officer of Baldwin Insurance Group, acquired 6,593 shares of Class A Common Stock at $0.00 related to the settlement of performance-based restricted stock units (PSUs) granted in 2022.
• On the same day, 2,444 shares of Class A Common Stock were withheld by the issuer at $40.85 to satisfy income tax withholding obligations.
• Following these transactions, Lichon directly owns 41,671 shares of Class A Common Stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a standard SEC filing detailing stock transactions. The PSU settlement suggests performance goals were met, which is mildly positive, but the tax withholding is a normal occurrence.

Positives

• The settlement of PSUs indicates the achievement of predetermined performance goals, which can be seen as a positive sign for the company's performance.

Industry Context

This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency into the transactions of company insiders.

Stakeholder Impact

• The transactions have a minor impact on shareholders as they reflect changes in insider ownership.

Key Dates

Keywords

Form 4, Beneficial Ownership, Baldwin Insurance Group, BWIN, Corbyn Lichon, Class A Common Stock, PSU, Performance-Based Restricted Stock Units, Tax Withholding