Skyward Specialty (SKWD) CPO sells 2,616 shares in Rule 10b5-1 trade
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Skyward Specialty Insurance Group, Inc. chief people officer Thomas N. Schmitt reported a sale of 2,616 shares of common stock on February 9, 2026 at a weighted average price of $43.4916 per share. After this sale, he beneficially owned 14,747 shares directly.
The sale was executed under a pre-arranged Rule 10b5-1 trading plan that Schmitt adopted on September 11, 2025. The shares were sold in multiple trades at prices ranging from $43.15 to $43.78, with the weighted average price reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 2,616 shares ($113,774)
Net Sell
1 txn
Insider
Schmitt Thomas N
Role
CPO, Skyward Group
Sold
2,616 shs ($114K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 2,616 | $43.4916 | $114K |
Holdings After Transaction:
Common Stock — 14,747 shares (Direct)
Footnotes (1)
- Sales reported were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on September 11, 2025. Prices reported in Column 4 are weighted average prices. Shares were sold in multiple transactions at prices ranging from $43.15-$43.78, inclusive (weighted average of $43.49167813). Reporting Person undertakes to provide to issuer or staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within ranges set forth herein.
FAQ
What insider transaction did SKWD executive Thomas N. Schmitt report?
Thomas N. Schmitt reported selling 2,616 shares of Skyward Specialty Insurance Group common stock. The transaction occurred on February 9, 2026, and was reported as a disposition of non-derivative securities on Form 4, reflecting an update to his direct share ownership.
Was the SKWD insider sale made under a Rule 10b5-1 trading plan?
Yes. The filing states the sales were effected under a Rule 10b5-1 trading plan. This pre-arranged plan was adopted by Thomas N. Schmitt on September 11, 2025, providing a structured framework for executing his share sales over time.
What role does the reporting person hold at Skyward Specialty Insurance Group (SKWD)?
The reporting person, Thomas N. Schmitt, serves as an officer with the title "CPO, Skyward Group." This indicates he holds an executive position at Skyward Specialty Insurance Group, and the Form 4 reflects changes in his personal share ownership.
What type of security was involved in this SKWD Form 4 transaction?
The transaction involved Skyward Specialty Insurance Group common stock, categorized as a non-derivative security. There were no derivative securities such as options or warrants reported in the filing’s transaction tables for this particular Form 4 event.