Form 4: Skyward Specialty Insurance Group EVP & CFO Mark Haushill Reports Stock Transactions

Mark Haushill, EVP & CFO of Skyward Specialty Insurance Group, reports the vesting of performance share units and subsequent sale of shares to cover taxes and fees.

Summary

• On May 9, 2024, Mark Haushill, the EVP & CFO of Skyward Specialty Insurance Group, vested 9,442 performance share units (PSUs), each settling for one share of common stock.
• Following the vesting, Mr. Haushill sold 3,244 shares of common stock on May 10, 2024, at a weighted average price of $37.18 per share, with prices ranging from $37.18 to $37.20.
• The sales were made to cover taxes and fees incurred in connection with the vesting of the PSUs.
• After these transactions, Mr. Haushill beneficially owns 177,886 shares of Skyward Specialty Insurance Group common stock.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions by an executive, with no inherent positive or negative sentiment.

Industry Context

This filing is a routine disclosure of stock transactions by a company executive, which is common in the insurance industry and other publicly traded sectors.

Comparison to Industry Standards

• Executive stock transactions are a normal part of compensation and wealth management in publicly traded companies.
• Similar transactions are regularly reported by executives at comparable insurance companies such as Chubb, Travelers, and AIG.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the sale of shares, but the overall impact is likely minimal.

Key Dates