Welcome to our dedicated page for TWFG SEC filings (Ticker: TWFG), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The TWFG, Inc. (NASDAQ: TWFG) SEC filings page on Stock Titan provides access to the company’s regulatory disclosures as an insurance distribution business in the financial services sector. TWFG files reports with the U.S. Securities and Exchange Commission that describe its operations as a high-growth, independent distribution platform for personal and commercial insurance in the United States, representing hundreds of carriers that underwrite personal and commercial lines risks.
Investors can review TWFG’s periodic reports, such as Annual Reports on Form 10-K and Quarterly Reports on Form 10-Q, to understand its insurance distribution model, agency and managing general agency (MGA) platforms, non-GAAP performance measures, liquidity, and risk factors. These filings often elaborate on topics referenced in press releases, including Organic Revenue, Organic Revenue Growth, Adjusted Net Income, Adjusted Net Income Margin, Adjusted Diluted Earnings Per Share, Adjusted EBITDA, Adjusted EBITDA Margin, and Adjusted Free Cash Flow.
Current Reports on Form 8-K are particularly relevant for tracking material events. For TWFG, recent 8-K filings have furnished press releases announcing quarterly financial and operating results and have disclosed leadership changes, such as the appointment of a President. These filings provide timely context on the company’s performance, capital resources, and corporate governance developments.
On Stock Titan, TWFG’s SEC filings are supplemented with AI-powered summaries that help explain the key points in dense regulatory documents. Users can quickly see what each filing covers, from earnings details and non-GAAP reconciliations to updates on executive roles. The page also facilitates monitoring of ongoing disclosure activity, enabling users to follow TWFG’s reporting history and understand how its insurance distribution business evolves over time.
TWFG, Inc. received an amended Schedule 13G indicating concentrated insider ownership of its Class A common stock. As of June 30, 2026, Bunch Family Holdings, LLC beneficially owns 33,706,604 Class A-equivalent shares, representing 73.0% of the Class A stock when including exchangeable Class C shares. Richard F. Bunch III, through direct holdings, family trusts, and Bunch Family Holdings, may be deemed to beneficially own 34,276,133 Class A-equivalent shares, or 73.8% of the class. Michelle Caroline Bunch may be deemed to beneficially own 288,451 Class A-equivalent shares, or 2.2%. If treated as a group, the reporting persons may be deemed to own 34,552,884 Class A-equivalent shares, or 74.0%, indicating effective control by the Bunch family.
Baron Capital Group and related entities report significant ownership in TWFG, Inc. They beneficially own 1,135,091 shares of Class A Common Stock, representing 8.73% of the class, with shared voting and dispositive power over all these shares and no sole power.
BAMCO, Inc. reports shared power over 951,175 shares (7.32%). Baron Discovery Fund holds 935,000 shares (7.19%), and Baron Capital Management, Inc. reports shared power over 183,916 shares (1.42%). Ronald Baron controls BCG and is included as a reporting person.
TWFG, Inc. entered into an Amended and Restated Credit Agreement with PNC Bank and a syndicate of lenders, replacing its prior 2023 facility. The agreement provides a $125,000,000 revolving credit facility, including a $12,500,000 swingline sub-facility and a $12,500,000 letter of credit sub-facility, with an uncommitted accordion feature of up to $75,000,000, allowing potential total borrowing capacity of $200,000,000. The revolving loans mature on August 12, 2031.
Revolving loans bear interest at Term SOFR or Daily SOFR plus a margin between 1.75% and 2.75%, based on the Company’s consolidated leverage ratio; swingline loans bear interest at the Base Rate plus a margin 1.00% lower than the SOFR-based margin. Obligations are guaranteed by the Company and certain subsidiaries and are secured by substantially all assets of the borrower and guarantors. The facility includes customary affirmative and negative covenants and financial tests, including a minimum consolidated debt service coverage ratio and a maximum consolidated leverage ratio, as well as standard events of default that can lead to acceleration. TWFG states that the expanded facility enhances liquidity and financial flexibility to support acquisitions, organic growth, and technology and data investments.
Capital International Investors, a division of Capital Research and Management Company and related investment management entities, reports that it is the beneficial owner of 0 shares of TWFG, Inc. common stock, representing 0.0% of the class.
The filing states that 12,997,112 shares of TWFG, Inc. common stock are believed to be outstanding, and that Capital International Investors has no sole or shared voting or dispositive power over any TWFG, Inc. shares, confirming ownership of five percent or less of the class.
TWFG, Inc. reported strong growth for the three and six months ended June 30, 2026. Total revenues reached $87.5 million in the quarter and $160.4 million year to date, up 45.1% and 40.5% from 2025. Growth was led by commission income, especially at TWFG MGA, where acquisitions such as TWFG MGA FL and the APIA MGA programs and higher commission rates drove large increases, while the Agency-in-a-Box and Corporate Branch networks also continued to expand.
Operating income rose to $17.6 million for the quarter and $29.9 million year to date, with commission expense declining to 61% of revenues from 65%, and net income increasing to $17.3 million and $30.3 million. Net income attributable to TWFG, Inc. was $2.4 million for the quarter and $4.1 million year to date, or diluted EPS of $0.18 and $0.29. Cash from operating activities was $32.5 million, while cash and restricted cash declined to $92.8 million after cash acquisitions of Fortress ($23.5 million) and APIA ($22.5 million), significant investment in customer-list intangibles and a $43.3 million share repurchase program; bank debt was modest at $3.0 million with a fully undrawn $50.0 million revolver.
TWFG, Inc., a high-growth insurance distribution company, reported strong second-quarter 2026 results with total revenues of $87.5 million, up 45.1% from $60.3 million a year earlier. Net income rose to $17.3 million, a 19.7% margin, while Adjusted EBITDA increased 75.8% to $26.6 million with a 30.4% margin.
Organic Revenue Growth Rate was 37.0%, supported by 26.6% growth in Total Written Premium to $569.9 million and expanding contributions from TWFG MGA programs and acquisitions. The company repurchased 2,252,349 shares for approximately $42.9 million and raised its 2026 outlook, guiding to $300–$320 million in revenues and a 23–27% Adjusted EBITDA Margin.
Franklin Resources, Inc., together with certain affiliates, reports beneficial ownership of 781,912 shares of TWFG, Inc. Class A common stock, representing 6.0% of the class, on a Schedule 13G. The position is attributed primarily to Franklin Mutual Advisers, LLC, an investment management subsidiary.
Franklin Mutual Advisers, LLC has sole voting power over 704,270 shares and sole dispositive power over 781,912 shares, with no shared voting or dispositive power reported. The shares are held for clients of Franklin’s investment management subsidiaries, who retain rights to dividends and sale proceeds. Franklin, its principal shareholders, and its subsidiaries state that they may be deemed beneficial owners under Rule 13d-3 but disclaim pecuniary interest and group status. The filing also notes an internal realignment after which certain affiliates’ holdings are now aggregated under Franklin Resources’ reporting.
TWFG, Inc. reports that Eugene N. Padgett, its Chief Accounting Officer, resigned from the company effective July 21, 2026. The company states that his resignation was not due to any disagreement on accounting practices, financial reporting, or operations.
Effective upon his resignation, Janice Zwinggi, the company’s Chief Financial Officer, was appointed to also serve as Chief Accounting Officer and Principal Accounting Officer, while continuing as Principal Financial Officer. The company indicates there are no new compensatory arrangements related to this additional role, no arrangements or understandings under which she was selected, no family relationships with directors or executive officers, and no disclosable related-party transactions under Item 404(a) of Regulation S-K.
TWFG, Inc. President and CEO Richard F. Bunch III reported that, on July 17, 2026, 17,733 Class A shares were withheld at $26.35 per share to satisfy tax withholding obligations related to vested RSUs. After this, he held 313,596 shares directly, plus separate indirect holdings through his wife, an LLC and two sons.
TWFG, Inc. reports that General Counsel and Secretary Julie E. Benes had 6,171 shares of Class A Common Stock withheld on July 17, 2026 to satisfy tax withholding obligations tied to the release of RSUs at $26.35 per share, leaving her with 37,454 directly held shares. This was a tax-withholding disposition, not an open-market sale.