Form 4: Skyward Specialty Insurance Group Director Katharine Terry Sells Shares

Sentiment:

SEC Form 4 Filing


Katharine Terry, a director at Skyward Specialty Insurance Group, sold 1,653 shares of common stock at an average price of $36.87 on August 9, 2024.

Summary

  • On August 9, 2024, Katharine Terry, a director of Skyward Specialty Insurance Group, sold 1,653 shares of the company's common stock.
  • The sale was executed at a weighted average price of $36.87 per share.
  • The prices for individual transactions ranged from $36.68 to $37.12.
  • Following the transaction, Terry directly owns 4,001 shares of Skyward Specialty Insurance Group.

Sentiment

Score: 5

Explanation: This is a neutral event. A director selling shares is not inherently positive or negative, but the market may interpret it based on the size of the sale and the director's overall holdings.

Industry Context

This transaction is a routine disclosure of insider trading activity. It's common for directors and officers of publicly traded companies to buy and sell shares of their company's stock. These transactions are closely monitored by regulators and investors to ensure compliance with insider trading laws.

Stakeholder Impact

  • The sale of shares by a director could potentially influence investor sentiment, although the impact is likely to be minimal given the relatively small number of shares involved.

Key Dates

DateDescription
08/09/2024Date of the stock sale transaction

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