Form 4: Baldwin Insurance Group Executive James Roche Reports Stock Transactions

James Roche, a key executive at Baldwin Insurance Group, reports the acquisition and disposal of Class A Common Stock related to performance-based restricted stock units.

Summary

• On February 19, 2025, James Roche acquired 26,927 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, 11,397 shares of Class A Common Stock were withheld by the issuer to satisfy income tax obligations at a price of $40.85.
• Following these transactions, Roche directly owns 124,376 shares of Class A Common Stock.
• Roche is the President of The Baldwin Group and CEO of Underwriting, Capacity and Technology Operations.

Sentiment

Score: 7

Explanation: The document reflects standard executive compensation practices and compliance with SEC regulations. The sentiment is neutral to slightly positive, as the vesting of PSUs suggests the achievement of performance goals.

Positives

• The settlement of PSUs indicates that predetermined performance goals were achieved.

Industry Context

This Form 4 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 standard executive compensation practices.

Key Dates

Keywords

BWIN, Baldwin Insurance Group, Form 4, James Roche, Stock Transaction, Performance-Based Restricted Stock Units, PSUs, Class A Common Stock, Insider Trading