Is the Skyward Specialty (SKWD) RSU grant an open-market share purchase or sale?

No, the RSU grant is a compensation-related equity award, not an open-market transaction. The shares underlying the 3,334 RSUs will only be delivered after vesting and settlement under the company’s equity compensation program.

Skyward Specialty (SKWD) director receives 3,334 RSUs equity award

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Dall Marcia A reported acquisition or exercise transactions in this Form 4 filing.

Skyward Specialty Insurance Group director Marcia A. Dall received a new equity award. On May 6, 2026, she was granted 3,334 restricted stock units (RSUs), each representing the right to receive one share of the company’s Common Stock after vesting and settlement.

According to the award terms, the RSUs will fully vest on the date of Skyward Specialty’s 2027 Annual Meeting of Shareholders. Following the reported transactions, Dall holds 8,433 shares of Common Stock directly, and the new RSU award adds a deferred equity component tied to future service with the company.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Dall Marcia A

Role null

Type	Security	Shares	Price	Value
Grant/Award	2026 RSU Award	3,334	$0.00	--
holding	Common Stock	--	--	--

Holdings After Transaction: 2026 RSU Award — 3,334 shares (Direct, null); Common Stock — 8,433 shares (Direct, null)

Footnotes (1)

Each RSU represents the right to receive, after vesting and upon settlement, one share of Common Stock of the Issuer. On May 6, 2026, the Reporting Person was granted an RSU Award in the amount of 3,334 RSUs. Subject to the terms of the award agreement, this award will fully vest on the date of the Issuer's 2027 Annual Meeting of Shareholders.

Key Figures

RSU Award Size: 3,334 RSUs RSU to Share Ratio: 1 RSU : 1 share Underlying Shares: 3,334 shares +1 more

4 metrics

RSU Award Size 3,334 RSUs 2026 RSU Award granted on May 6, 2026

RSU to Share Ratio 1 RSU : 1 share Each RSU settles into one share of Common Stock

Underlying Shares 3,334 shares Common Stock underlying the 2026 RSU Award

Common Stock Holdings 8,433 shares Common Stock held directly after transactions

Key Terms

restricted stock units, RSU Award, Common Stock, Annual Meeting of Shareholders

4 terms

restricted stock units financial

"Each RSU represents the right to receive, after vesting and upon settlement, one share of Common Stock"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

RSU Award financial

"On May 6, 2026, the Reporting Person was granted an RSU Award in the amount of 3,334 RSUs"

Common Stock financial

"one share of Common Stock of the Issuer"

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

Annual Meeting of Shareholders financial

"this award will fully vest on the date of the Issuer's 2027 Annual Meeting of Shareholders"

A yearly gathering where a company’s owners (shareholders) vote on key items like electing the board, approving executive pay, and ratifying auditors, and receive updates on performance and strategy. Think of it as an annual town hall for owners: it matters to investors because outcomes and disclosures can affect leadership, corporate direction, dividend and governance policies, and therefore the company’s risk and potential return.

Form 4 Insider Transactions: What Each Field Means →

05/08/2026 - 04:24 PM

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

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Dall Marcia A

(Last)

(First)

(Middle)

800 GESSNER ROAD

SUITE 600

(Street)

HOUSTON

TEXAS

77024

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Skyward Specialty Insurance Group, Inc. [ SKWD ]

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

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/06/2026

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

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

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

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock								8,433	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
2026 RSU Award	⁽¹⁾	05/06/2026		A		3,334		⁽²⁾	⁽²⁾	Common Stock	3,334	$0	3,334	D

Explanation of Responses:

1. Each RSU represents the right to receive, after vesting and upon settlement, one share of Common Stock of the Issuer.

2. On May 6, 2026, the Reporting Person was granted an RSU Award in the amount of 3,334 RSUs. Subject to the terms of the award agreement, this award will fully vest on the date of the Issuer's 2027 Annual Meeting of Shareholders.

	/s/ Stacy E. Skelton, Attorney-in-Fact	05/08/2026
	** 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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What did Skyward Specialty (SKWD) director Marcia A. Dall report on this Form 4?

Marcia A. Dall reported receiving a grant of 3,334 restricted stock units. Each RSU corresponds to one share of Skyward Specialty Common Stock, to be delivered after vesting and settlement under the company’s equity compensation arrangements.

How many RSUs were granted to the Skyward Specialty (SKWD) director?

The director received an RSU Award covering 3,334 restricted stock units. These units represent a deferred right to receive an equal number of Skyward Specialty Common Stock shares, subject to vesting and settlement conditions described in the award agreement.

When do the new RSUs for Skyward Specialty (SKWD) director Marcia A. Dall vest?

The 3,334 RSUs will fully vest on the date of Skyward Specialty’s 2027 Annual Meeting of Shareholders. Vesting is subject to the terms and conditions of the award agreement governing this 2026 RSU Award grant.

What does each RSU granted by Skyward Specialty (SKWD) represent?

Each RSU represents the right to receive one share of Skyward Specialty Common Stock after vesting and settlement. This means the director does not receive shares immediately but gains a future equity entitlement tied to continued service.

How many Skyward Specialty (SKWD) Common Stock shares does the director hold after the reported transactions?

After the reported transactions, the director holds 8,433 shares of Skyward Specialty Common Stock directly. This is separate from the 3,334 RSUs, which are derivative awards that will settle into shares only after vesting.