Bowhead Specialty (BOW) CFO amends filing to show 1,027-share tax withholding
Filing Impact
Filing Sentiment
Form Type
4/A
Rhea-AI Filing Summary
Bowhead Specialty Holdings Inc. CFO Brad Mulcahey reported a routine tax-related share disposition. He surrendered 1,027 shares of Common Stock at $28.30 per share to the company to cover required tax withholdings upon vesting of restricted stock units, and now holds 135,300 shares directly. This amended filing corrects an inadvertent error in a prior Form 4 and does not reflect an open-market sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Mulcahey Brad
Role
CFO and Treasurer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 1,027 | $28.30 | $29K |
Holdings After Transaction:
Common Stock — 135,300 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares surrendered for tax: 1,027 shares
Tax-withholding share price: $28.30 per share
Shares held after transaction: 135,300 shares
3 metrics
Shares surrendered for tax
1,027 shares
Tax-withholding disposition on 2026-05-23
Tax-withholding share price
$28.30 per share
Value used for surrendered shares
Shares held after transaction
135,300 shares
Direct ownership following tax withholding
Key Terms
restricted stock units, tax withholdings, Form 4, Reporting Person
4 terms
restricted stock units financial
"due upon vesting of restricted stock units, correcting an inadvertent error"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax withholdings financial
"shares surrendered to the Issuer by the Reporting Person to pay required tax withholdings"
Form 4 regulatory
"correcting an inadvertent error in the Form 4 filed on May 26, 2026"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
Reporting Person regulatory
"Represents shares surrendered to the Issuer by the Reporting Person to pay required tax"
FAQ
What insider transaction did Bowhead Specialty (BOW) disclose in this Form 4/A?
Bowhead Specialty’s CFO Brad Mulcahey reported surrendering 1,027 shares to the company. The shares covered required tax withholdings triggered when his restricted stock units vested, and were not sold on the open market.
Was the Bowhead Specialty (BOW) CFO’s Form 4/A transaction an open-market sale?
No, the transaction was not an open-market sale. The CFO delivered 1,027 shares back to the issuer solely to satisfy tax withholding obligations when restricted stock units vested, as described in the filing footnote.
Why was an amended Form 4/A filed for Bowhead Specialty (BOW) CFO Brad Mulcahey?
The amended Form 4/A corrects an inadvertent error in a Form 4 filed on May 26, 2026. It clarifies that 1,027 shares were surrendered to the issuer to pay tax withholdings upon restricted stock unit vesting.