Form 4: Baldwin Insurance Group General Counsel Seth Cohen Reports Stock Disposals for Tax Obligations

Seth Cohen, General Counsel of Baldwin Insurance Group, reports the disposal of Class A Common Stock to cover income tax withholding obligations related to vesting restricted stock.

Summary

• On March 17, 2025, Seth Cohen, General Counsel of Baldwin Insurance Group, disposed of Class A Common Stock to satisfy income tax withholding obligations.
• The disposals were related to the vesting of restricted Class A common stock previously reported on Form 4 filings on April 3, 2024, April 4, 2023, and April 5, 2022.
• A total of 268, 299, and 277 shares were disposed of at a price of $39.97 per share.
• Following these transactions, Cohen's direct ownership of Class A Common Stock is 17,834 shares.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing detailing stock disposals for tax purposes, which is neutral in sentiment.

Industry Context

Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and directors. Disposals to cover tax obligations are common and generally don't indicate a change in the executive's long-term outlook for the company.

Stakeholder Impact

• The stock disposal has a minimal impact on shareholders as it is related to tax obligations and does not represent a significant change in ownership.

Key Dates