Form 4: Skyward Specialty Insurance Group Director Katharine Terry Reports Stock Transactions

Sentiment:

SEC Form 4 Filing


Director Katharine Terry reports the grant and vesting of Restricted Stock Units (RSUs) in Skyward Specialty Insurance Group, Inc.

Summary

  • Katharine Terry, a director of Skyward Specialty Insurance Group, Inc., filed a Form 4 detailing changes in her beneficial ownership of the company's stock.
  • On May 7, 2025, Terry was granted 1,797 Restricted Stock Units (RSUs) which will fully vest on May 7, 2026, but settlement is deferred until separation from the company.
  • On May 9, 2025, 2,779 RSUs granted on May 9, 2024, vested, resulting in the disposition of those units.
  • Terry also has a Limited Power of Attorney appointing certain company officers to act on her behalf for Section 16 reporting obligations.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing, so the sentiment is neutral.

Positives

  • The grant of RSUs to a director aligns their interests with the long-term performance of the company.

Future Outlook

The document does not contain specific forward-looking statements regarding the company's financial performance or strategic direction.

Industry Context

The reporting of stock transactions by company insiders is a routine part of regulatory compliance and provides transparency to investors.

Stakeholder Impact

  • The reported transactions provide transparency to shareholders regarding insider activity.

Key Dates

DateDescription
05/09/2024Katharine Terry was granted 2,779 RSUs.
05/07/2025Katharine Terry was granted 1,797 RSUs.
05/07/2025Limited Power of Attorney executed.
05/09/20252,779 RSUs vested.
05/09/2025Form 4 filing date.
05/07/20261,797 RSUs will fully vest.

Keywords

Form 4, RSU, Director, Katharine Terry, Skyward Specialty Insurance Group, Stock Options, Beneficial Ownership, Section 16

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