Skyward Specialty (SKWD) CPO sells 8,397 shares in open-market trade
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Skyward Specialty Insurance Group, Inc. Chief People Officer Thomas N. Schmitt reported an open-market sale of 8,397 shares of common stock on June 12, 2026 at a weighted average price of $51.3235 per share. After this transaction, he directly holds 10,353 shares.
The sale was executed through multiple trades within a price range of $51.30–$51.415. The reported holdings also reflect a prior acquisition of 191 shares under the company’s 2022 Employee Stock Purchase Plan for the purchase period from December 1, 2025 through May 31, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 8,397 shares ($430,963)
Net Sell
1 txn
Insider
Schmitt Thomas N
Role
CPO, Skyward Group
Sold
8,397 shs ($431K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 8,397 | $51.3235 | $431K |
Holdings After Transaction:
Common Stock — 10,353 shares (Direct, null)
Footnotes (1)
- Prices reported in Column 4 are weighted average prices. Shares were sold in multiple transactions at prices ranging from $51.30-$51.415, inclusive (weighted average of $51.3235). 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. The number of securities reported reflects the June 5, 2026 acquisition of 191 shares of the Company's common stock pursuant to the Skyward Specialty Insurance Group, Inc. 2022 Employee Stock Purchase Plan ("ESPP") for the ESPP purchase period of December 1, 2025 through May 31, 2026.
Key Figures
Shares sold: 8,397 shares
Weighted average sale price: $51.3235 per share
Post-transaction holdings: 10,353 shares
+2 more
5 metrics
Shares sold
8,397 shares
Common Stock sold on June 12, 2026
Weighted average sale price
$51.3235 per share
Open-market sale on June 12, 2026
Post-transaction holdings
10,353 shares
Shares directly held after June 12, 2026 sale
ESPP acquisition
191 shares
Acquired June 5, 2026 under 2022 ESPP
Sale price range
$51.30–$51.415 per share
Multiple transactions included in reported sale
Key Terms
open-market sale, weighted average prices, Employee Stock Purchase Plan, ESPP purchase period
4 terms
open-market sale financial
"transaction_action is described as an open-market sale of common stock"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
weighted average prices financial
"Prices reported in Column 4 are weighted average prices"
Employee Stock Purchase Plan financial
"acquisition of 191 shares pursuant to the 2022 Employee Stock Purchase Plan"
An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.
ESPP purchase period financial
"for the ESPP purchase period of December 1, 2025 through May 31, 2026"
FAQ
What insider transaction did Skyward Specialty (SKWD) report for Thomas N. Schmitt?
Thomas N. Schmitt reported an open-market sale of 8,397 Skyward Specialty common shares. The sale occurred on June 12, 2026, and was executed at a weighted average price of $51.3235 per share across multiple trades within a narrow price range.
Was the Skyward Specialty (SKWD) insider sale a direct or indirect holding?
The Form 4 identifies the transaction as involving direct ownership. The direct_or_indirect field is coded as “D,” and the ownership_type is described as direct, indicating the shares are held directly by Thomas N. Schmitt rather than through another entity.