Form 4: Director Katharine Terry Receives RSU Grant at SKWD

Skyward Specialty Insurance Group director Katharine Terry was granted 3,334 restricted stock units as part of annual compensation.

Summary

• Director Katharine Terry received a grant of 3,334 restricted stock units (RSUs) on May 6, 2026.
• The RSUs are scheduled to vest in full on the date of the company's 2027 Annual Meeting of Shareholders.
• The reporting person has elected to defer settlement of these shares until their separation from the company under the Deferred Compensation Plan for Non-Employee Directors.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a routine administrative filing regarding director compensation with no material impact on company operations or financial health.

Positives

• Alignment of director interests with long-term shareholder value through equity-based compensation.

Negatives

• None identified.

Risks

• Equity compensation value is subject to market volatility of Skyward Specialty Insurance Group common stock.

Future Outlook

The RSUs will vest at the 2027 Annual Meeting of Shareholders, with settlement deferred until the director's separation from the company.

Industry Context

StockSavvy.ai notes that equity grants to non-employee directors are standard corporate governance practice in the insurance sector to ensure board alignment with shareholder interests.

Comparison to Industry Standards

• The use of RSU grants for board compensation is consistent with standard practices among mid-cap insurance companies.
• Deferral plans for director compensation are common among publicly traded financial services firms to manage tax and long-term retention.

Corporate Governance

Stakeholder Impact

• Minimal impact on shareholders; represents standard director compensation.

Next Steps

• Vesting of RSUs at the 2027 Annual Meeting of Shareholders.

Key Dates

Keywords

SKWD, Skyward Specialty Insurance, Form 4, Insider Trading, Director Compensation, Restricted Stock Units