BWIN.NASDAQBaldwin Insurance Group, INC

Form 4: BRP Group CFO Bradford Hale Reports Stock Disposals to Cover Tax Obligations

Sentiment:

SEC Form 4

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Bradford Hale, CFO of BRP Group, Inc., reports disposals of Class A Common Stock to cover income tax withholding obligations related to vesting restricted stock.

Summary

  • On March 15, 2024, Bradford Hale, the Chief Financial Officer of BRP Group, Inc. (BRP), reported the disposal of Class A Common Stock.
  • The disposals were made to satisfy income tax withholding obligations related to the vesting of restricted Class A common stock.
  • 560 shares were disposed of at a price of $29.44, related to stock vested on April 5, 2022.
  • 405 shares were disposed of at a price of $29.44, related to stock vested on May 5, 2021.
  • Following the transactions, Hale directly owns 83,355 shares of Class A Common Stock.
  • Hale also indirectly owns 10,000 shares through the Amy W. Hale Revocable Trust.

Sentiment

Score: 5

Explanation: This is a neutral report on stock disposals for tax purposes, with no inherent positive or negative implications for the company's overall performance.

Industry Context

This is a routine Form 4 filing related to executive stock transactions, common for publicly traded companies. It reflects standard practice for covering tax obligations associated with stock vesting.

Key Dates

DateDescription
July 28, 2009Date of the Amy W. Hale Revocable Trust
May 5, 2021Date of restricted Class A common stock vesting related to disposal of 405 shares.
April 5, 2022Date of restricted Class A common stock vesting related to disposal of 560 shares.
03/15/2024Date of the reported transactions (disposal of shares).

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