Bowman (BWMN) Insider Report: 890 Shares Withheld for Taxes

Rhea-AI Filing Summary

Bowman Consulting Group Ltd. (BWMN) reporting person Daniel Swayze, Chief Operating Officer, had 890 shares withheld on 09/11/2025 to satisfy tax liabilities from the vesting of time-based restricted stock. After the withholding, Mr. Swayze beneficially owned 10,064 shares. The Form 4 was signed by power of attorney on 09/16/2025. The filing lists the transaction code F(1) and a per-share price of $41.27 associated with the reported disposition. The form indicates a routine tax-withholding disposition tied to equity compensation rather than an open-market sale.

Positive

• Timely SEC disclosure of insider share withholding and resulting beneficial ownership
• Clear explanation that the disposition was for tax withholding tied to time-based restricted stock vesting

Negative

• Reduction of beneficial ownership by 890 shares due to tax withholding

Insights

Corporate Governance Expert

TL;DR: Routine tax-withholding from equity vesting; demonstrates timely disclosure and standard insider reporting.

The Form 4 documents a common internal equity compensation process where shares are withheld to satisfy tax obligations upon vesting. The reporting person is a named executive officer and the filing shows the company and officer complied with Section 16 reporting by disclosing the disposition and resulting beneficial ownership. The change in holdings is limited—890 shares withheld—so it is unlikely to materially affect ownership percentages or control. Documentation signed by a POA indicates administrative handling of the filing.

Securities Analyst

TL;DR: Small, non-market disposition tied to compensation; minimal investor impact but important for transparency.

The transaction is identified with code F(1) and a price of $41.27, and the filing explicitly states the shares were withheld to pay taxes on vested restricted stock. The post-transaction beneficial ownership is reported as 10,064 shares, which quantifies the officer's remaining stake. This type of disclosure is routine and typically neutral for valuation or trading, though it provides clarity on insider equity dilution from compensation programs.

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

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

1. Name and Address of Reporting Person^*

Swayze Daniel

(Last) (First) (Middle)

12355 SUNRISE VALLEY DRIVE

SUITE 520

(Street)

RESTON VA 22066

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Bowman Consulting Group Ltd. [ BWMN ]

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

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

3. Date of Earliest Transaction (Month/Day/Year)
09/11/2025

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

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

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

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
Common Stock	09/11/2025		F(1)		890	D	$41.27	10,064	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:

1. Reflects shares withheld in payment of tax liability associated with a vesting of time-based restricted stock.

Remarks:

	/s/ Daniel Swayze by Robert Hickey with Power of Attorney	09/16/2025
	** 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.

FAQ

What transaction did Daniel Swayze report on the Form 4 for BWMN?

The Form 4 reports 890 shares withheld on 09/11/2025 to satisfy tax liability from the vesting of time-based restricted stock.

How many shares does Daniel Swayze beneficially own after the reported transaction?

After the withholding, Mr. Swayze beneficially owns 10,064 shares according to the Form 4.

What was the per-share price listed in the Form 4 for the withheld shares?

The filing lists a price of $41.27 per share in connection with the reported disposition.

What does the Form 4 explanation say about the nature of the transaction?

The explanation states the withholding "reflects shares withheld in payment of tax liability associated with a vesting of time-based restricted stock."

When was the Form 4 signed and by whom?

The signature block shows the Form 4 was signed by power of attorney (Robert Hickey) on 09/16/2025 for Daniel Swayze.