Skyward director exercises 1,797 RSUs into shares
Skyward Specialty Insurance Group director James Charles Hays exercised a restricted stock unit award into 1,797 shares of Common Stock.
Rhea-AI Filing Summary
Skyward Specialty Insurance Group director James Charles Hays exercised a restricted stock unit award into 1,797 shares of Common Stock. The 2025 RSU award, granted on May 7, 2025, fully vested on May 5, 2026 and each RSU settled into one share at a stated price of $0.00 per share.
Following this non‑market exercise, Hays directly holds 175,858 shares of Skyward Specialty Insurance Group Common Stock. He also has indirect ownership through entities JWayne, LLC with 1,975,851 shares and Marquis Lafayette, LLC with 669,311 shares, reflecting significant continuing exposure to the company’s equity.
Positive
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Negative
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Insider Trade Summary
1,797 shares exercised/converted
Exercise
4 txns
Insider
Hays James Charles
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | 2025 RSU Award | 1,797 | $0.00 | $0.00 |
| Exercise | Common Stock | 1,797 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
2025 RSU Award — 0 contracts (Direct);
Common Stock — 175,858 shares (Direct);
Common Stock — 669,311 shares (Indirect, Marquis Lafayette, LLC);
Common Stock — 1,975,851 shares (Indirect, JWayne, LLC)
Footnotes (4)
- F1. Each Restricted Stock Unit ("RSU") settles for one share of the Issuer's Common Stock.
- F2. The Reporting Person is the controlling member of the entity.
- F3. Each RSU represents the right to receive, at settlement, one share of Common Stock of the Issuer.
- F4. 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 exercised: 1,797 shares
Direct holdings after exercise: 175,858 shares
Indirect holdings via JWayne, LLC: 1,975,851 shares
+3 more
6 metrics
RSUs exercised
1,797 shares
2025 RSU award settled into Common Stock on May 5, 2026
Direct holdings after exercise
175,858 shares
Common Stock held directly by James Charles Hays after RSU settlement
Indirect holdings via JWayne, LLC
1,975,851 shares
Common Stock held indirectly as of May 5, 2026
Indirect holdings via Marquis Lafayette, LLC
669,311 shares
Common Stock held indirectly as of May 5, 2026
RSU grant size
1,797 RSUs
2025 RSU award granted on May 7, 2025
RSU exercise price
$0.00 per unit
Conversion price for 2025 RSU award into Common Stock
Key Terms
Restricted Stock Unit, RSU, indirect ownership, accelerated vesting
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.
indirect ownership financial
"Common Stock held indirectly through JWayne, LLC and Marquis Lafayette, LLC."
accelerated vesting financial
"pursuant to Board-approved accelerated vesting to coincide with the Reporting Person's director term ending"
A contract feature that makes stock awards, options, or restricted shares become owned or exercisable earlier than the original schedule. It shortens or cancels the waiting period so recipients can sell, transfer, or exercise their equity sooner — think of a timed lock that is unlocked ahead of schedule. It matters to investors because it changes when shares enter the market, who controls them, and how much dilution or ownership concentration happens.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did SKWD director James Charles Hays report?
James Charles Hays reported exercising a 2025 RSU award into 1,797 shares of Skyward Specialty Insurance Group Common Stock. This was a non‑market derivative exercise, where each restricted stock unit converted into one share at a stated price of $0.00.
Was the SKWD insider transaction an open‑market buy or sell?
No open‑market buy or sell is reported. The Form 4 shows a derivative exercise coded “M,” where 1,797 restricted stock units converted into Common Stock at $0.00 per share, reflecting equity compensation vesting rather than a market purchase or sale.
When did the RSU award for SKWD fully vest for James Charles Hays?
The 1,797‑unit RSU award fully vested on May 5, 2026. A footnote explains vesting was accelerated by the board to coincide with the end of Hays’s director term at the company’s 2026 Annual Meeting of Shareholders, triggering settlement into common shares.
What were the original grant details of the SKWD 2025 RSU award?
On May 7, 2025, James Charles Hays received a 2025 RSU award covering 1,797 restricted stock units. Each RSU entitled him to receive one share of Skyward Specialty Insurance Group Common Stock upon settlement, subject to the applicable award agreement and vesting terms.
AI-generated analysis. How Rhea-AI works. Not financial advice.
