Director at Baldwin Insurance (BWIN) receives 1,221-share stock award

Rhea-AI Filing Summary

Matas Barbara Ruth reported acquisition or exercise transactions in this Form 4 filing.

Baldwin Insurance Group, Inc. director Barbara Ruth Matas received a grant of 1,221 shares of Class A Common Stock on April 1, 2026. The shares were awarded at a reported price of $0.00 per share, indicating a compensation-related grant rather than an open-market purchase. Following this award, she holds a total of 18,393 shares directly.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Matas Barbara Ruth

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Class A Common Stock	1,221	$0.00	--

Holdings After Transaction: Class A Common Stock — 18,393 shares (Direct)

Footnotes (1)

Key Figures

Shares granted: 1,221 shares Grant price per share: $0.00 per share Total shares after grant: 18,393 shares

3 metrics

Shares granted 1,221 shares Grant of Class A Common Stock on April 1, 2026

Grant price per share $0.00 per share Reported transaction price for equity award

Total shares after grant 18,393 shares Direct holdings of Barbara Ruth Matas following the transaction

Key Terms

Class A Common Stock, non-derivative, grant/award acquisition

3 terms

Class A Common Stock financial

"security_title: "Class A Common Stock""

Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.

non-derivative financial

""transaction_type": "non-derivative""

grant/award acquisition financial

""transaction_action": "grant/award acquisition""

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Matas Barbara Ruth

(Last) (First) (Middle)

C/O THE BALDWIN INSURANCE GROUP, INC.

4211 W. BOY SCOUT BLVD., SUITE 800

(Street)

TAMPA FLORIDA 33607

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Baldwin Insurance Group, Inc. [ BWIN ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/01/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	04/01/2026		A		1,221	A	$0	18,393	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

Remarks:

	/s/ Seth Cohen, as Attorney-in-Fact, for Barbara Ruth Matas	04/03/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Baldwin Insurance Group (BWIN) report for Barbara Ruth Matas?

Baldwin Insurance Group reported that director Barbara Ruth Matas received a grant of 1,221 shares of Class A Common Stock. The grant was recorded on April 1, 2026 as a non-derivative, compensation-type acquisition rather than an open-market share purchase.

How many Baldwin Insurance Group (BWIN) shares does Barbara Ruth Matas now own?

After the April 1, 2026 equity grant, director Barbara Ruth Matas directly owns 18,393 shares of Baldwin Insurance Group Class A Common Stock. This figure reflects her updated position following receipt of the 1,221-share grant reported in the Form 4 filing.

Was the Baldwin Insurance (BWIN) insider transaction an open-market buy or a grant?

The transaction for Baldwin Insurance director Barbara Ruth Matas was a grant, not an open-market purchase. It is coded as an “A” transaction, described as a grant, award, or other acquisition, with a reported price of $0.00 per share, indicating a compensation-related award.

What type of security was involved in the Baldwin Insurance Group (BWIN) Form 4 filing?

The Form 4 filing involves Baldwin Insurance Group’s Class A Common Stock. Director Barbara Ruth Matas received 1,221 shares as a non-derivative equity grant, increasing her directly held Class A Common Stock position to a total of 18,393 shares after the reported transaction.

Does the Baldwin Insurance (BWIN) Form 4 show any insider share sales?

The Form 4 for Baldwin Insurance Group shows no insider share sales. It reports a single acquisition transaction for director Barbara Ruth Matas, where she received 1,221 Class A Common Stock shares as a grant, with no corresponding dispositions or sales recorded in the summary.