Form 4: Skyward Specialty Insurance Group Director James Hays Reports Stock Transactions
SEC Form 4
Director James Charles Hays reports acquisition and disposal of Skyward Specialty Insurance Group stock, including RSU awards and settlements.
Summary
- James Charles Hays, a director of Skyward Specialty Insurance Group, filed a Form 4 detailing changes in beneficial ownership.
- On May 7, 2025, Hays was granted 1,797 Restricted Stock Units (RSUs) that will fully vest on May 7, 2026, with settlement deferred until separation from the company.
- On May 9, 2025, Hays settled 2,779 RSUs from a 2024 award that vested on May 9, 2025.
- Following these transactions, Hays directly owns 30,397 shares of common stock and indirectly owns 669,311 shares through Marquis Lafayette, LLC and 1,975,851 shares through JWayne, LLC.
- Hays also directly owns 1,797 derivative securities in the form of RSUs.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions, which carries a neutral sentiment.
Future Outlook
The 2025 RSU award will fully vest on May 7, 2026, and the settlement is deferred until separation from the company.
Industry Context
Form 4 filings are routine disclosures required by the SEC to provide transparency into insider transactions, allowing investors to monitor the actions of company executives and directors.
Stakeholder Impact
- The transactions may provide insights to shareholders regarding management's perspective on the company's stock.
Key Dates
| Date | Description |
|---|---|
| 05/09/2024 | Reporting person was granted an RSU Award in the amount of 2,779 RSUs. |
| 05/07/2025 | Reporting person was granted an RSU Award in the amount of 1,797 RSUs. |
| 05/09/2025 | Date of transaction and filing of the Form 4. |
| 05/07/2026 | Date the 2025 RSU award will fully vest. |
Keywords
Form 4, Skyward Specialty Insurance Group, Director, James Charles Hays, Stock Transactions, RSU, Beneficial Ownership
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