Equity awards granted to Skyward Specialty (SKWD) Chief Legal Officer
Rhea-AI Filing Summary
RYAN PATRICIA A. reported acquisition or exercise transactions in this Form 4 filing.
Skyward Specialty Insurance Group granted equity awards to its Chief Legal Officer, Patricia A. Ryan. She received an award of 1,442 restricted stock units (RSUs) under the 2026 LTIP that will fully vest on January 1, 2029, assuming continued service.
Ryan was also granted two separate awards of 1,442 performance stock units (PSUs) each. Every PSU equals one share of common stock, and the number that ultimately vests can range from 0% to 200% of the granted amount, based on performance targets through December 31, 2028.
In addition, she received 10,815 RSUs under the 2026 Bright Future program. Half of these RSUs are scheduled to vest on January 1, 2029, and the remaining half on January 1, 2030, contingent on the terms of the RSU agreement and her continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | 2026 LTIP - RSUs | 1,442 | $0.00 | -- |
| Grant/Award | 2026 LTIP - PSUs | 1,442 | $0.00 | -- |
| Grant/Award | 2026 LTIP - PSUs | 1,442 | $0.00 | -- |
| Grant/Award | 2026 Bright Future - RSUs | 10,815 | $0.00 | -- |
Footnotes (1)
- 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 1,442 RSUs. Subject to the Reporting Person's continuous service through the vesting date, 100% of the RSUs shall vest on January 1, 2029. On February 25, 2026, the Reporting Person was granted 1,442 Performance Stock Units ("PSUs"). Each PSU is equivalent to one share of the Issuer's Common Stock. The number of units subject to vest under this award can range from 0% to 200% of the amount shown based on the satisfaction of performance condition targets during the requisite service period. This award fully vests on December 31, 2028. On February 25, 2026, the Reporting Person was granted 1,442 PSUs. Each PSU is equivalent to one share of the Issuer's Common Stock. The number of units subject to vest under this award can range from 0% to 200% of the amount shown based on the satisfaction of performance condition targets during the requisite service period. This award fully vests on December 31, 2028. On February 25, 2026, the Reporting Person was granted an RSU Award in the amount of 10,815 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.