Skyward Specialty (SKWD) director awarded 3,890 RSUs linked to common stock
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Peirce Christopher Locke reported acquisition or exercise transactions in this Form 4 filing.
Skyward Specialty Insurance Group, Inc. director Christopher Locke received a grant of 3,890 restricted stock units (RSUs). Each RSU represents the right to receive one share of the company’s common stock after vesting and settlement.
The award was granted on May 6, 2026 and is scheduled to fully vest on the date of the company’s 2027 Annual Meeting of Shareholders, subject to the terms of the award agreement. Following the reported transactions, Locke holds 3,200 shares of common stock directly and 3,890 RSUs tied to common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Peirce Christopher Locke
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | 2026 RSU Award | 3,890 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
2026 RSU Award — 3,890 shares (Direct, null);
Common Stock — 3,200 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 3,890 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: 3,890 RSUs
Underlying common stock per RSU: 1 share of common stock
Common stock held: 3,200 shares
+1 more
4 metrics
RSU award size
3,890 RSUs
Granted to director on May 6, 2026
Underlying common stock per RSU
1 share of common stock
Each RSU converts into one share after vesting and settlement
Common stock held
3,200 shares
Shares of common stock held directly after reported transactions
RSU exercise price
0.0000 per unit
Disclosed conversion or exercise price for the 2026 RSU award
Key Terms
RSU, RSU Award, Annual Meeting of Shareholders
3 terms
RSU financial
"Each RSU represents the right to receive, after vesting and upon settlement, one share of Common Stock"
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.
RSU Award financial
"On May 6, 2026, the Reporting Person was granted an RSU Award in the amount of 3,890 RSUs"
FAQ
What insider transaction did Skyward Specialty Insurance Group (SKWD) report for Christopher Locke?
The company reported that director Christopher Locke received an award of 3,890 restricted stock units (RSUs). Each RSU converts into one share of common stock after vesting and settlement, making this a stock-based compensation grant rather than an open-market share purchase or sale.
How many RSUs did Christopher Locke receive from Skyward Specialty Insurance Group (SKWD)?
Christopher Locke was granted 3,890 RSUs. According to the disclosure, each RSU gives the right to receive one share of common stock after vesting, effectively tying his compensation more closely to the company’s share performance over time instead of providing immediate cash compensation.
When will Christopher Locke’s 3,890 RSUs at Skyward Specialty (SKWD) vest?
The 3,890 RSUs are scheduled to fully vest on the date of Skyward Specialty’s 2027 Annual Meeting of Shareholders. Vesting is subject to the terms of the award agreement, meaning conditions in that agreement must be satisfied before shares are actually delivered.
What does each RSU granted to Christopher Locke by Skyward Specialty (SKWD) represent?
Each RSU represents the right to receive one share of Skyward Specialty’s common stock after vesting and settlement. This structure aligns Locke’s potential future value with the company’s share price, without requiring him to pay an exercise price for the underlying shares.