Director Creager of Skyward (NASDAQ: SKWD) gains 1,797 shares as RSUs vest
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Skyward Specialty Insurance Group director Robert E. Creager increased his direct holdings of Common Stock through the settlement of a previously granted restricted stock unit (RSU) award. On May 5, 2026, 1,797 RSUs converted into 1,797 shares of Common Stock at no cash exercise price.
The RSUs were originally granted on May 7, 2025 and were subject to Board-approved accelerated vesting to align with the end of Creager’s director term at the company’s 2026 Annual Meeting of Shareholders. Following this RSU settlement, he directly holds 54,830 shares of Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,797 shares exercised/converted
Mixed
2 txns
Insider
Creager Robert E.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | 2025 RSU Award | 1,797 | $0.00 | -- |
| Exercise | Common Stock | 1,797 | $0.00 | -- |
Holdings After Transaction:
2025 RSU Award — 0 shares (Direct, null);
Common Stock — 54,830 shares (Direct, null)
Footnotes (1)
- Each Restricted Stock Unit ("RSU") settles for one share of the Issuer's Common Stock. Each RSU represents the right to receive, at settlement, one share of Common Stock of the Issuer. On May 7, 2025, the Reporting Person was granted an RSU award of 1,797 RSUs. Subject to the terms of the award agreement, and pursuant to Board-approved accelerated vesting to coincide with the Reporting Person's director term ending at the Company's 2026 Annual Meeting of Shareholders, this award fully vested on May 5, 2026.
Key Figures
RSUs settled: 1,797 units
Shares received from RSUs: 1,797 shares
Post-transaction holdings: 54,830 shares
+2 more
5 metrics
RSUs settled
1,797 units
2025 RSU award fully vested and settled on May 5, 2026
Shares received from RSUs
1,797 shares
Each RSU settled for one share of Common Stock
Post-transaction holdings
54,830 shares
Common Stock held directly after RSU settlement
Transaction price per share
$0.00
Reported price for RSU settlement into Common Stock
Grant size
1,797 RSUs
RSU award granted on May 7, 2025
Key Terms
Restricted Stock Unit, RSU, accelerated vesting, Annual Meeting of Shareholders
4 terms
Restricted Stock Unit financial
"Each Restricted Stock Unit ("RSU") settles for one share of the Issuer's Common Stock."
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
RSU financial
"On May 7, 2025, the Reporting Person was granted an RSU award of 1,797 RSUs."
Restricted stock units (RSUs) are a form of company shares given to employees as part of their compensation, usually with certain restrictions or conditions, such as remaining with the company for a set period. When these restrictions lift, employees receive actual shares that they can sell or hold. For investors, RSUs can impact a company's stock supply and reflect the company's commitment to attracting and retaining talent.
accelerated vesting financial
"pursuant to Board-approved accelerated vesting to coincide with the Reporting Person's director term ending"
FAQ
What insider transaction did Skyward Specialty (SKWD) report for Robert E. Creager?
Skyward Specialty reported that director Robert E. Creager settled an award of 1,797 restricted stock units into an equal number of Common Stock shares. This RSU settlement increased his direct equity stake without an open-market purchase or sale.
What was the size of the RSU award reported for Skyward Specialty (SKWD) director Creager?
The RSU award reported for director Robert E. Creager consisted of 1,797 restricted stock units. Each unit entitled him to receive one share of Skyward Specialty Common Stock upon settlement, resulting in 1,797 new shares being issued to him.
When did Robert E. Creager’s 1,797 RSUs in Skyward Specialty (SKWD) fully vest?
Robert E. Creager’s 1,797 RSUs fully vested on May 5, 2026. The vesting followed Board-approved accelerated vesting designed to coincide with the end of his director term at the company’s 2026 Annual Meeting of Shareholders.
Was there a cash exercise price for Robert E. Creager’s RSU settlement in Skyward Specialty (SKWD)?
No cash exercise price was involved in the RSU settlement; the transaction price per share was reported as $0.00. Each restricted stock unit simply settled into one share of Common Stock under the terms of the award.
What was the grant date of the 1,797 RSUs reported for Skyward Specialty (SKWD) director Creager?
The Form 4 notes that Robert E. Creager received an RSU award of 1,797 units on May 7, 2025. These units later vested in full on May 5, 2026, after Board-approved accelerated vesting tied to his director term end.