Skyward Specialty (SKWD) CFO details RSU vesting and tax shares withholding
Rhea-AI Filing Summary
Skyward Specialty Insurance Group EVP & CFO Mark W. Haushill reported the vesting and settlement of previously granted restricted stock units (RSUs) into common stock. On January 12, 2026, 6,665 shares were issued upon settlement of a 2023 IPO four-year RSU grant and another 6,665 shares were issued from a 2023 IPO three-year RSU grant, both at an exercise price of $0 per share. To cover tax withholding obligations tied to these vestings, the issuer withheld 2,797 shares and 2,623 shares at a price of $46.1 per share, transactions that were mandated by the company and not discretionary. Following these transactions, Haushill directly owned 133,456 shares of Skyward Specialty common stock.
Positive
- None.
Negative
- None.
FAQ
What insider activity did Skyward Specialty (SKWD) report for its CFO?
Skyward Specialty (SKWD) reported that EVP & CFO Mark W. Haushill settled previously granted RSUs into common stock and had some of those shares withheld to cover tax obligations.
How many Skyward Specialty (SKWD) RSUs vested for the CFO on January 12, 2026?
On January 12, 2026, a total of 13,330 RSUs (6,665 from a four-year IPO grant and 6,665 from a three-year IPO grant) vested and were settled into an equal number of Skyward Specialty common shares.
Were the Skyward Specialty (SKWD) share dispositions by the CFO discretionary?
No. The filing states that the share dispositions were mandated by the issuer to cover tax withholding obligations for the RSU vesting and did not represent discretionary transactions by the reporting person.
At what price were shares withheld for the CFO’s tax obligations at Skyward Specialty (SKWD)?
The number of shares withheld for tax obligations was calculated using the $46.1 per share closing price of Skyward Specialty common stock on January 12, 2026.
How many Skyward Specialty (SKWD) shares does the CFO own after these Form 4 transactions?
After the reported RSU settlements and tax withholdings, EVP & CFO Mark W. Haushill directly owned 133,456 shares of Skyward Specialty common stock.
What do the Skyward Specialty (SKWD) RSU grants reported for the CFO represent?
Each reported RSU from the 2023 IPO grants represents the right to receive one share of Skyward Specialty common stock upon settlement, with vesting schedules described in the filing footnotes.