Bowhead (BOW) CEO surrenders 24,353 shares to cover RSU tax
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Bowhead Specialty Holdings Inc. CEO and President Stephen Jay Sills reported a routine tax-withholding event related to equity compensation. He surrendered 24,353 shares of common stock at $28.46 per share to cover required tax withholdings upon vesting of restricted stock units, leaving 838,926 shares held directly plus additional indirect holdings through various trusts and an LLC.
Positive
- None.
Negative
- None.
Insider Trade Summary
12 transactions reported
Mixed
12 txns
Insider
Sills Stephen Jay
Role
CEO and President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 24,353 | $28.46 | $693K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 838,926 shares (Direct, null);
Common Stock — 2,681 shares (Indirect, By Sills Family Trust 1)
Footnotes (1)
- Represents shares surrendered to the Issuer by the Reporting Person to pay required tax withholdings due upon vesting of restricted stock units. Includes 31,129 shares of common stock transferred on May 15, 2026, for no consideration, from the Stephen J. Sills 2024 I GRAT #2 to the direct holdings of the Reporting Person. Such transaction was exempt from reporting pursuant to Rule 16a-13 of the Securities Exchange Act of 1934, as amended.
Key Figures
Shares surrendered for tax: 24,353 shares
Tax-withholding share price: $28.46 per share
Direct shares after event: 838,926 shares
+3 more
6 metrics
Shares surrendered for tax
24,353 shares
Tax-withholding disposition on restricted stock unit vesting
Tax-withholding share price
$28.46 per share
Value applied to surrendered common shares
Direct shares after event
838,926 shares
Direct Bowhead common stock held following disposition
Sills 2024 LLC indirect holding
214,469 shares
Bowhead common stock held indirectly via Sills 2024 LLC
Family GST Exempt Trust holding
72,000 shares
Indirect holding by Stephen J. Sills Irrevocable Family GST Exempt Trust
GRAT #2 indirect holding
41,371 shares
Indirect holding by Stephen J. Sills 2024 I GRAT #2
Key Terms
restricted stock units, Rule 16a-13, GRAT, GST Exempt Trust
4 terms
restricted stock units financial
"tax withholdings due upon vesting of restricted stock units."
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.
Rule 16a-13 regulatory
"Such transaction was exempt from reporting pursuant to Rule 16a-13 of the Securities Exchange Act"
GRAT financial
"Includes 31,129 shares of common stock transferred on May 15, 2026, from the Stephen J. Sills 2024 I GRAT #2"
GST Exempt Trust financial
"By Stephen J. Sills Irrevocable Family GST Exempt Trust"
FAQ
What did Bowhead (BOW) CEO Stephen Jay Sills report in this Form 4?
Stephen Jay Sills reported a routine share disposition to cover taxes on vesting restricted stock units. He surrendered 24,353 Bowhead common shares and continues to hold 838,926 shares directly, along with additional indirect holdings through various trusts and an LLC.
What indirect Bowhead (BOW) holdings are associated with Stephen Jay Sills?
Indirect holdings include Bowhead shares held through entities such as Sills 2024 LLC and several trusts, including Stephen J. Sills 2024 I GRATs and a family GST Exempt Trust. Each entry lists the number of common shares held by that specific trust or entity.