Welcome to our dedicated page for The Baldwin Group SEC filings (Ticker: BWIN), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The Baldwin Insurance Group, Inc. (The Baldwin Group) files a range of documents with the U.S. Securities and Exchange Commission (SEC) in connection with its listing on the Nasdaq Global Select Market under the ticker symbol BWIN. These filings provide detailed information about the company’s financial performance, capital structure, material agreements, and corporate developments as an independent insurance distribution firm and insurance brokerage and advisory business.
Among the most important filings for Baldwin are its annual reports on Form 10-K and quarterly reports on Form 10-Q, which present audited or reviewed financial statements, management’s discussion and analysis, and disclosures about its insurance distribution operations, including the Insurance Advisory Solutions segment and related platforms. These reports help users understand revenue composition, expenses, debt arrangements, and acquisition activity across the firm’s insurance brokerage and advisory businesses.
The company also submits current reports on Form 8-K to disclose material events. Examples include earnings releases furnished under Item 2.02, such as the November 4, 2025 Form 8-K announcing results for the quarter ended September 30, 2025, and filings describing amendments to its Amended and Restated Credit Agreement and incremental term loan facilities. These 8-Ks outline key financing steps, including repricing of term loans, incremental term B loans, and changes to revolving credit margins.
On this SEC filings page, users can review Baldwin’s historical and recent filings, including 10-Ks, 10-Qs, 8-Ks, and proxy-related documents when available. Stock Titan’s platform adds AI-powered summaries that explain complex sections of lengthy filings, highlight significant changes in debt, acquisitions, or segment performance, and surface notable risk factor or disclosure updates. The page also provides streamlined access to insider transaction reports on Form 4, when filed, giving additional transparency into equity transactions by directors and officers.
By combining real-time EDGAR updates with AI-generated insights, this page helps investors, analysts, and researchers quickly interpret The Baldwin Group’s regulatory disclosures and understand how its insurance distribution, brokerage, and advisory activities are reflected in official SEC documents.
Baldwin Insurance Group, Inc. chief accounting officer Corbyn N. Lichon reported stock-based compensation and related tax withholding transactions in Class A common stock. Lichon received 9,506 shares as an annual bonus for the fiscal year ended December 31, 2025, at a stated price of $0.00 per share.
The company then withheld 3,395 shares at $22.29 per share to cover income tax obligations tied to this award. After these transactions, Lichon directly owned 55,647 Class A shares.
Baldwin Insurance Group, Inc. General Counsel Seth Bala Cohen reported equity compensation activity in Class A common stock. On March 3, 2026, he received 19,324 shares as an annual bonus for the fiscal year ended December 31, 2025.
To cover income tax withholding on this stock bonus, the issuer withheld 7,217 shares. After these transactions, Cohen directly owned 29,824 shares of Class A common stock.
Baldwin Insurance Group, Inc. officer James Morgan Roche reported receiving 34,807 shares of Class A common stock on March 3, 2026 as an annual bonus for the fiscal year ended December 31, 2025. The shares were granted at a stated price of $0.00 per share.
On the same date, 14,679 shares of Class A common stock were withheld by the company at $22.29 per share to cover income tax withholding obligations related to this bonus grant. After these transactions, Roche directly owned 322,938 shares of Class A common stock.
Baldwin Insurance Group, Inc. executive Daniel Galbraith reported share-based compensation and a related tax withholding transaction in Class A common stock. He received 28,913 shares on March 3, 2026 as an annual bonus for the fiscal year ended December 31, 2025, at a stated price of $0.00 per share. To cover income tax withholding obligations tied to this bonus, 10,232 shares were withheld by the company at $22.29 per share. After these transactions, Galbraith directly owned 44,444 shares of Class A common stock.
Baldwin Insurance Group Chief Financial Officer Hale Bradford reported equity compensation and related tax withholding in Class A common stock. On March 3, 2026, he acquired 28,986 shares as an annual bonus for the fiscal year ended December 31, 2025.
To cover income tax withholding on this stock bonus, the issuer withheld 10,260 shares at $22.29 per share, reducing Bradford’s directly held Class A shares to 185,296. An additional 10,000 shares are held indirectly through a revocable trust for his spouse.
Baldwin Insurance Group, Inc. Chief Executive Officer Trevor Baldwin received an award of 76,972 shares of Class A common stock as an annual bonus for the fiscal year ended December 31, 2025. The award was granted at a stated price of $0.00 per share.
To cover income tax withholding obligations tied to this stock bonus, the issuer withheld 30,288 shares at $22.29 per share in a tax-withholding disposition. After these transactions, Baldwin directly owns 106,516 shares, and an additional 27,676 shares are held indirectly through the TLB 2020 Trust.
Baldwin Insurance Group director Paul Sparks, through Sparks 5280VC, LLC, reported several indirect transactions in Class A common stock. On March 2 and 3, the LLC made open‑market purchases totaling 44,200 shares at reported prices of $22.96 and $22.10 per share, and a bona fide gift transfer of 30,100 shares.
After these transactions, Sparks 5280VC, LLC held 996,706 shares of Class A stock indirectly attributed to Sparks. Separate indirect holdings include 96,787 shares held by the Paul Sparks Inheritor's Trust and 18,042 shares held in his individual retirement account.
Baldwin Insurance Group, Inc. director and 10% owner Baldwin Lowry reported an internal reallocation of interests tied to BIGH, LLC. BIGH, LLC distributed 35,000 LLC Units in The Baldwin Insurance Group Holdings, LLC and a corresponding 35,000 shares of Class B common stock to one of its members, reducing that member's ownership in BIGH, LLC. Following the transactions, 12,537,590 units and corresponding Class B shares remained indirectly held through BIGH, LLC. Lowry disclaims beneficial ownership of these securities except to the extent of his pecuniary interest. Each LLC Unit, together with a share of Class B common stock, is exchangeable into one share of Class A common stock at any time, and the LLC Units do not expire.
BIGH, LLC, a member of a 10% owner group of Baldwin Insurance Group, Inc., reported an internal reallocation of ownership interests. On March 2, 2026, 35,000 LLC Units in The Baldwin Insurance Group Holdings, LLC and 35,000 shares of Class B common stock were distributed to a member of BIGH, LLC, with no cash consideration reported.
The distribution reduced that member’s ownership in BIGH, LLC while transferring the underlying securities to the member. BIGH, LLC disclaims beneficial ownership of these securities except to the extent of its pecuniary interest. Each LLC Unit, together with a share of Class B common stock, can be exchanged into one share of Class A common stock at any time, and the LLC Units do not expire.
Roche James Morgan reported acquisition or exercise transactions in this Form 4 filing.
Baldwin Insurance Group, Inc. reported that officer James Morgan Roche received a grant of 240,000 shares of Class A common stock at a price of $0.0000 per share. After this award, he directly holds 302,810 shares of Class A common stock.
The 240,000-share award consists of restricted stock that vests in four equal installments on January 1, 2027, January 1, 2028, January 1, 2029 and January 1, 2030, subject to the terms of his restricted stock award agreement and his Second Amended and Restated Employment Agreement dated February 26, 2026.