Form 4: Baldwin Insurance Group's General Counsel, Seth Cohen, Sells Shares
SEC Form 4 Filing
Seth Cohen, General Counsel of Baldwin Insurance Group, sold 3,783 shares of Class A Common Stock at an average price of $42.63 on August 8, 2024.
Summary
- On August 8, 2024, Seth Cohen, the General Counsel of Baldwin Insurance Group, sold 3,783 shares of Class A Common Stock.
- The sale was executed at a weighted average price of $42.63 per share.
- Following the transaction, Cohen directly owns 8,813 shares of Baldwin Insurance Group's Class A Common Stock.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a standard disclosure of an insider transaction. No inherent positive or negative implications.
Industry Context
This is a routine disclosure of an insider transaction. It's common for executives to periodically sell shares for personal financial management.
Stakeholder Impact
- The sale of shares by an insider could be perceived negatively by some shareholders, but it's a relatively small transaction and unlikely to have a significant impact.
Key Dates
| Date | Description |
|---|---|
| 08/08/2024 | Date of the stock sale transaction. |
| 08/09/2024 | Date of signature on the SEC Form 4 filing. |
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