Form 4: Baldwin Insurance Group Executive Daniel Galbraith Reports Significant Transactions in Company Stock

Daniel Galbraith, a key executive at Baldwin Insurance Group, reports the acquisition and disposal of Class A and Class B common stock, as well as LLC Units, held indirectly through trusts.

Summary

• On August 29, 2024, Daniel Galbraith, President of The Baldwin Group and CEO of Retail Brokerage Operations, reported transactions involving Baldwin Insurance Group, Inc. (BWIN) stock.
• Galbraith disposed of 75,000 shares of Class B Common Stock at $0 and acquired 75,000 shares of Class A Common Stock at $0.
• He also sold 75,000 shares of Class A Common Stock at a weighted average price of $46.33, with individual prices ranging from $45.98 to $46.76.
• These transactions were conducted indirectly through the Daniel A. Galbraith Revocable Trust and the Daniel A. Galbraith 2020 Irrevocable Trust.
• Following these transactions, Galbraith indirectly owns 1,134,644 shares of Class B Common Stock and 75,000 shares of Class A Common Stock through the Revocable Trust.
• Additionally, he indirectly owns 11,348 shares of Class B Common Stock through the Irrevocable Trust.
• Galbraith also reported transactions involving LLC Units in The Baldwin Insurance Group Holdings, LLC, which can be exchanged for Class A Common Stock.

Sentiment

Score: 5

Explanation: This is a neutral report of stock transactions by an insider. The transactions themselves don't necessarily indicate a positive or negative outlook, but rather provide information about the insider's activity.

Industry Context

Form 4 filings are a routine part of the regulatory landscape for publicly traded companies, providing transparency into the transactions of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.

Key Dates