Executive at Skyward Specialty (SKWD) awarded 108,154 RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Slaughter James Richard reported acquisition or exercise transactions in this Form 4 filing.
Skyward Specialty Insurance Group, Inc. reported that executive James Richard Slaughter, CUO - Apollo, received a grant of 108,154 Restricted Stock Units (RSUs) on February 25, 2026. Each RSU represents the right to receive one share of common stock upon settlement.
According to the award terms, 50% of these RSUs are scheduled to vest on January 1, 2029 and the remaining 50% on January 1, 2030, contingent on his continuous service. Following this filing, he reports direct ownership of 55,475 shares of common stock and indirect ownership of 12,724 shares through the Hillside Family Trust 2025, where he serves as trustee.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Slaughter James Richard
Role
CUO - Apollo
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | 2026 MIP - RSUs | 108,154 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
2026 MIP - RSUs — 108,154 shares (Direct);
Common Stock — 55,475 shares (Direct);
Common Stock — 12,724 shares (Indirect, Hillside Family Trust 2025)
Footnotes (1)
- The Reporting Person is Trustee of the entity. Each Restricted Stock Unit ("RSU") represents the right to receive one share of the Issuer's Common Stock upon settlement. On February 25, 2026, the Reporting Person was granted an RSU Award in the amount of 108,154 RSUs. Subject to the terms of the RSU Agreement and the Reporting Person's continuous service through the vesting dates, 50% of the RSUs shall vest on January 1, 2029 and the remaining 50% of the RSUs will vest on January 1, 2030.
FAQ
What did the Skyward Specialty (SKWD) Form 4 report for James Richard Slaughter?
The Form 4 shows James Richard Slaughter received a grant of 108,154 RSUs. These units are part of the 2026 MIP and represent potential future shares of Skyward Specialty common stock, subject to vesting conditions and his continued service.
How many RSUs were granted to the Skyward Specialty (SKWD) executive?
James Richard Slaughter was granted 108,154 Restricted Stock Units. Each RSU corresponds to one share of Skyward Specialty common stock upon settlement, giving him a significant potential future equity interest if vesting and service conditions are satisfied.
What is the vesting schedule for the 108,154 RSUs at Skyward Specialty (SKWD)?
The 108,154 RSUs vest in two equal installments. Half of the RSUs vest on January 1, 2029, and the remaining half vest on January 1, 2030, assuming James Richard Slaughter remains in continuous service through each vesting date.
What does each RSU represent in the Skyward Specialty (SKWD) award?
Each Restricted Stock Unit represents the right to receive one share of Skyward Specialty common stock. The actual shares are delivered upon settlement after vesting, aligning the executive’s potential value with the company’s future stock performance.
What role does the Hillside Family Trust 2025 play in Skyward Specialty (SKWD) ownership?
The Hillside Family Trust 2025 holds 12,724 Skyward Specialty common shares indirectly attributed to James Richard Slaughter. The filing notes he serves as trustee of this entity, which explains why these shares are reported as indirect beneficial ownership.