Skyward Specialty holder reports 6% T. Rowe Price stake

T. Rowe Price Associates, Inc. reported beneficial ownership of common stock of Skyward Specialty Insurance.

Rhea-AI Filing Summary

T. Rowe Price Associates, Inc. reported beneficial ownership of common stock of Skyward Specialty Insurance. The firm reported beneficial ownership of 2,441,073 shares of common stock, representing 6.0% of the class as of June 30, 2026.

T. Rowe Price Associates, Inc. reported sole voting power over 2,440,261 shares and sole dispositive power over 2,441,073 shares, with no shared voting or dispositive power. The filer expressly stated that this report should not be construed as an admission that it is the beneficial owner of these securities.

Key Figures

Beneficially owned shares: 2,441,073 shares Percent of class: 6.0% Sole voting power: 2,440,261 shares +3 more

6 metrics

Beneficially owned shares 2,441,073 shares Common stock of Skyward Specialty Insurance beneficially owned by T. Rowe Price Associates, Inc.

Percent of class 6.0% Portion of Skyward Specialty Insurance common stock class reported as beneficially owned

Sole voting power 2,440,261 shares Shares over which T. Rowe Price Associates, Inc. has sole power to vote or direct the vote

Sole dispositive power 2,441,073 shares Shares over which T. Rowe Price Associates, Inc. has sole power to dispose or direct disposition

CUSIP 830940102 CUSIP number for Skyward Specialty Insurance common stock

As-of date 06/30/2026 Date as of which the ownership information is reported

Key Terms

beneficially owned, sole power to vote or to direct the vote, sole power to dispose or to direct the disposition of, percent of class, +1 more

5 terms

beneficially owned financial

"Item 4. | Ownership (a) | Amount beneficially owned: 2441073"

Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.

sole power to vote or to direct the vote financial

"Number of shares as to which the person has | (i) Sole power to vote or to direct the vote: 2440261"

sole power to dispose or to direct the disposition of financial

"(iii) Sole power to dispose or to direct the disposition of: 2441073"

percent of class financial

"(b) | Percent of class: 6.0 %"

Percent of class is the portion of a specific category of securities—such as a company’s common shares, preferred shares, or a bond series—that takes part in or approves a corporate action (vote, consent, tender, etc.). Investors watch this number because it reveals how much support or opposition exists within that particular shareholder group; like counting how many members of a club back a proposal, it can determine whether a plan passes or how influence is distributed.

dispositive power financial

"Sole Dispositive Power 2,441,073.00 8 | Shared Dispositive Power 0.00"

Dispositive power is the authority to decide the final outcome of an asset, legal claim, contract, or corporate action — in effect the power to dispose of or resolve something. For investors it matters because whoever holds that authority can determine who gets paid, who controls an asset or vote, and how risks and returns are allocated; think of it like holding the key that lets you lock in the winner or loser in a deal.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What percentage of SKYWD common stock does T. Rowe Price Associates, Inc. report owning?

T. Rowe Price Associates, Inc. reports beneficial ownership of 6.0% of Skyward Specialty Insurance common stock, based on 2,441,073 shares. This reflects its reported holdings as of June 30, 2026.

How many SKYWD shares does T. Rowe Price Associates, Inc. beneficially own?

T. Rowe Price Associates, Inc. reports beneficial ownership of 2,441,073 shares of Skyward Specialty Insurance common stock. This position corresponds to 6.0% of the outstanding class as reported in the Schedule 13G.

What voting power does T. Rowe Price Associates, Inc. have over SKYWD shares?

T. Rowe Price Associates, Inc. reports sole voting power over 2,440,261 shares of Skyward Specialty Insurance and no shared voting power. This means it alone can direct how those shares are voted.

What dispositive power does T. Rowe Price Associates, Inc. report over SKYWD stock?

The firm reports sole dispositive power over 2,441,073 shares of Skyward Specialty Insurance common stock and no shared dispositive power. Dispositive power refers to the ability to sell or otherwise dispose of the shares.

Does T. Rowe Price Associates, Inc. admit beneficial ownership of SKYWD shares in this filing?

No. T. Rowe Price Associates, Inc. expressly states that this report should not be construed as an admission that it is the beneficial owner of the securities, and that such beneficial ownership is expressly denied.

Who signed the SKYWD ownership report for T. Rowe Price Associates, Inc.?

The report was signed by Ellen York, Vice President of T. Rowe Price Associates, Inc. The signature attests to the accuracy of the reported ownership and powers over Skyward Specialty Insurance common stock.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 08/14/2026 - 10:40 AM Accepted by SEC EDGAR 08/14/2026 - 10:38 AM Learn about SEC filing dates

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

SKYWARD SPECIALTY INSURANCE

(Name of Issuer)

COMMON STOCK

(Title of Class of Securities)

830940102

(CUSIP Number)

06/30/2026

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

schemaVersion:

SCHEDULE 13G

CUSIP Number(s): 830940102

1

Names of Reporting Persons

T. Rowe Price Associates, Inc.

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

MARYLAND

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 2,440,261.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 2,441,073.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

2,441,073.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

6.0 %

12

Type of Reporting Person (See Instructions)

IA

SCHEDULE 13G

Item 1.
(a)	Name of issuer: SKYWARD SPECIALTY INSURANCE
(b)	Address of issuer's principal executive offices: 800 GESSNER, SUITE 600, HOUSTON, TX, 77024
Item 2.
(a)	Name of person filing: T. Rowe Price Associates, Inc.
(b)	Address or principal business office or, if none, residence: 1307 Point Street, Baltimore, MD 21231
(c)	Citizenship: Maryland
(d)	Title of class of securities: COMMON STOCK
(e)	CUSIP Number(s): 830940102
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 2441073
(b)	Percent of class: 6.0 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 2440261
	(ii) Shared power to vote or to direct the vote: 0
	(iii) Sole power to dispose or to direct the disposition of: 2441073
	(iv) Shared power to dispose or to direct the disposition of: 0
Item 5.	Ownership of 5 Percent or Less of a Class.
	Not Applicable
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11. T. Rowe Price Associates, Inc. hereby declares and affirms that the filing of Schedule 13G shall not be construed as an admission that Price Associates is the beneficial owner of the securities referred to, which beneficial ownership is expressly denied.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

T. Rowe Price Associates, Inc.

Signature:	Ellen York
Name/Title:	Vice President
Date:	08/14/2026