Form 4: Skyward Specialty Insurance Group EVP & CFO Mark Haushill Reports Stock Transactions
SEC Form 4 Filing
Mark Haushill, EVP & CFO of Skyward Specialty Insurance Group, reports the vesting and sale of restricted stock units (RSUs) to cover taxes and fees.
Summary
- On March 6, 2025, Mark Haushill, the EVP & CFO of Skyward Specialty Insurance Group, executed transactions involving the company's common stock.
- He acquired 6,665 shares through the vesting of restricted stock units (RSUs) granted in conjunction with the company's IPO on January 12, 2023.
- Simultaneously, he sold 2,363 shares at a weighted average price of $50.2399 to cover taxes and fees associated with the RSU vesting.
- Following these transactions, Haushill directly owns 181,273 shares of Skyward Specialty Insurance Group common stock and 6,665 RSUs that will vest on January 12, 2026.
Sentiment
Score: 5
Explanation: This Form 4 filing is a neutral event, simply reporting required insider trading activity. It doesn't inherently indicate positive or negative sentiment about the company's prospects.
Future Outlook
The remaining 6,665 RSUs will fully vest on January 12, 2026, subject to the Reporting Person's continuous service through the vesting date.
Industry Context
This filing is a routine disclosure of insider transactions, which are common occurrences in publicly traded companies. It provides transparency into the actions of company executives regarding their holdings of company stock.
Stakeholder Impact
- The sale of shares by the CFO could have a minor, temporary impact on the stock price, but is unlikely to be significant given the relatively small volume of shares sold.
Key Dates
| Date | Description |
|---|---|
| 2023-01-12 | Reporting Person was granted an RSU award in the amount of 13,330 RSUs in conjunction with the Company's IPO |
| 2025-01-12 | 6,665 of the RSUs vested |
| 2025-03-06 | RSUs settled and shares were sold to cover taxes and fees |
| 2025-03-10 | Date of Form 4 filing |
| 2026-01-12 | The remaining 6,665 RSUs will fully vest subject to the Reporting Person's continuous service through the vesting date |
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