Baldwin Insurance Group, Inc. director Barbara Ruth Matas reported an award of 824 shares of Class A common stock on October 1, 2026. The reported transaction price was $0.00 per share. Her direct holdings following the award were 20,424 shares.
Baldwin Insurance Group, Inc. (BWIN) is the subject of a Schedule 13G reporting that Glazer Capital, LLC and its managing member, Paul J. Glazer, beneficially own 5,179,906 shares of Class A common stock, or 5.35% of the class. They report shared voting and dispositive power over all 5,179,906 shares and no sole voting or dispositive power. The shares are held by funds and managed accounts overseen by Glazer Capital. Glazer Capital Enhanced Master Fund, Ltd. is identified as having the right to receive or direct proceeds from sales of more than 5% of the outstanding shares. The statement says it is not an admission by either reporting person of beneficial ownership for Section 13 purposes.
Baldwin Insurance Group, Inc. (BWIN) reports a routine senior finance staffing transition. Effective September 21, 2026, Corbyn Lichon resumed her role as Chief Accounting Officer following maternity leave. On the same date, Johnathan Daniel ceased serving as interim Chief Accounting Officer and returned to his prior role as Executive Director of Finance.
The company states that no compensatory arrangements were entered into or modified in connection with Ms. Lichon’s return or Mr. Daniel’s change back to his previous position. The disclosure focuses solely on this leadership adjustment within the finance function.
Baldwin Insurance Group, Inc. (BWIN) agreed to be acquired and taken private through a series of mergers in which an entity formed by Sequence Holdings and DFO Management will acquire control of the company in an all-cash transaction valuing Baldwin at about $7.7 billion.
At closing, each outstanding Class A share (other than excluded shares) will be converted into the right to receive $32.50 in cash, while Class B shares will be canceled for no consideration, and certain management and employee holders will roll over equity into the new holding structure. Baldwin will be delisted from Nasdaq and its securities deregistered after completion.
The deal is supported by equity financing commitments from DFO and debt commitments from lenders, is not subject to a financing condition, and carries customary regulatory and shareholder closing conditions, a no‑shop with “Superior Proposal” and “Intervening Event” exceptions, and reciprocal termination fees of $170.334 million for the company and $276.218 million for the buyer in specified circumstances.
The Baldwin Insurance Group, Inc. generated total revenues of $492.9 million in Q2 2026, up from $378.8 million a year earlier, and $1.03 billion for the first half of 2026. Growth reflects higher commissions, profit‑sharing, fees and assumed premiums, including contributions from recent acquisitions.
The company recorded a net loss attributable to Baldwin of $39.0 million for Q2 and $36.7 million for the first half, compared with prior‑year profits, as operating expenses reached $1.13 billion for the six‑month period and net interest expense was $84.6 million. Results also include $111.1 million of amortization, $14.3 million of increases in contingent earnout liabilities and $130.0 million of initial Tax Receivable Agreement expense, partially offset by a $144.4 million income tax benefit driven by a valuation allowance release.
Total assets increased to $6.17 billion at June 30, 2026, including $2.65 billion of goodwill and $1.45 billion of intangible assets, following three business combinations with total consideration of $1.56 billion. Long‑term debt rose to $2.15 billion and Revolving Facility borrowings to $302.0 million after adding $600.0 million of incremental term loans. Operating cash flow improved to $39.5 million for the first half, while cash and fiduciary cash together reached $610.7 million.
The Baldwin Insurance Group, Inc. reported strong top-line expansion for the quarter ended June 30, 2026, with total revenue increasing 30% year-over-year to $492.9 million. Despite this growth, the company recorded a GAAP net loss of $56.0 million, or $0.42 per diluted share, reflecting an 11% net loss margin.
Profitability on a non-GAAP basis improved, as adjusted EBITDA grew 37% to $116.7 million and adjusted EBITDA margin widened to 23.7% from 22.6% a year earlier. Adjusted net income was $68.5 million, and adjusted diluted EPS rose 14% year-over-year to $0.48. Net cash provided by operating activities reached $45.6 million, while adjusted free cash flow increased 437% to $46.4 million.
For the first six months of 2026, revenue increased 29% to $1.0 billion and adjusted EBITDA grew 27% to $254.0 million, though GAAP net loss totaled $57.9 million. As of June 30, 2026, cash and cash equivalents were $184.5 million, and the company had $259.4 million of borrowing capacity under its revolving credit facility.
Baldwin Insurance Group director Myron K. Williams received a stock grant of Class A Common Stock. On July 1, 2026, he was awarded 1,207 shares at a price of $0.00 per share, indicating a compensation-related award rather than an open-market purchase.
Following this grant, Williams directly holds 14,445 shares of Baldwin Insurance Group, Inc. Class A Common Stock. The filing reports no derivative securities and shows this as an acquisition transaction categorized as a “grant, award, or other acquisition.”
Baldwin Insurance Group, Inc. director Chris Thomas Sullivan reported receiving an equity award of 1,207 shares of Class A Common Stock. The shares were acquired as a grant at a stated price of $0.00 per share, indicating compensation rather than an open-market purchase. Following this award, Sullivan directly holds 85,682 shares of Class A Common Stock.
Shook Ellyn reported acquisition or exercise transactions in this Form 4 filing.
Baldwin Insurance Group, Inc. director Ellyn Shook received a grant of Class A Common Stock as equity compensation. The award totaled 1,207 shares at a reported transaction price of $0.0000 per share, reflecting a stock grant rather than an open-market purchase. Following this grant, Shook now directly holds 14,445 shares of Baldwin Insurance Group Class A Common Stock.
Baldwin Insurance Group director Paul Eugene Sparks reported a grant of 1,207 shares of restricted Class A common stock on July 1, 2026. To satisfy income tax withholding obligations, 416 shares were withheld by the issuer at $26.91 per share. After these transactions, he directly holds 2,282 shares and reports indirect holdings of 996,706, 96,787 and 18,042 shares through an LLC, a trust and an IRA, respectively.