TWFG director granted 4,000 restricted stock units
DOAK MICHAEL reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
DOAK MICHAEL reported acquisition or exercise transactions in this Form 4 filing.
TWFG, Inc. director Michael Doak received a grant of 4,000 restricted stock units of Class A Common Stock, awarded at a price of $0.00 per share. These RSUs vest in full on the first anniversary of the grant date, subject to his continued service as a director.
Following the grant, Doak directly holds 10,117 shares of Class A Common Stock. In addition, 588,235 shares are held indirectly through Griffin Highline Capital LLC, where he has sole voting and dispositive power, while disclaiming beneficial ownership beyond his pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 4,000 shares
Grant/Award
2 txns
Insider
DOAK MICHAEL
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 4,000 | $0.00 | $0.00 |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 10,117 shares (Direct);
Class A Common Stock — 588,235 shares (Indirect, Griffin Highline Capital LLC)
Footnotes (2)
- F1. Represents restricted stock units ("RSUs") granted to the reporting person in his capacity as a director of the issuer. The RSUs vest in full on the first anniversary of the grant date, subject to his continued service as a director through the vesting date.
- F2. Represents shares of Class A Common Stock held by Griffin Highline Capital LLC. Mr. Michael Doak is the Chief Executive Officer, Co-Chairman and Manager of Griffin Highline Capital LLC and has sole voting and dispositive power over the shares held by Griffin Highline Capital LLC. Mr. Doak disclaims beneficial ownership of any units or shares owned by Griffin Highline Capital LLC, except to the extent of his pecuniary interest therein. The holdings lines reflect the individual holdings of the distinct indirect forms of deemed pecuniary interest instead of reporting them in an aggregated form.
Key Figures
RSU grant size: 4,000 units
Grant price: $0.00 per share
Direct holdings after grant: 10,117 shares
+1 more
4 metrics
RSU grant size
4,000 units
Restricted stock units granted to director on March 31, 2026
Grant price
$0.00 per share
Award price for Class A Common Stock RSUs
Direct holdings after grant
10,117 shares
Class A Common Stock directly held by Michael Doak
Indirect holdings via LLC
588,235 shares
Class A Common Stock held by Griffin Highline Capital LLC
Key Terms
restricted stock units, vesting, dispositive power, pecuniary interest, +1 more
5 terms
restricted stock units financial
"Represents restricted stock units ("RSUs") granted to the reporting person"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
vesting financial
"The RSUs vest in full on the first anniversary of the grant date"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
dispositive power financial
"has sole voting and dispositive power over the shares held"
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.
pecuniary interest financial
"disclaims beneficial ownership ... except to the extent of his pecuniary interest"
indirect ownership financial
"The holdings lines reflect the individual holdings of the distinct indirect forms"
FAQ
What insider transaction did TWFG (TWFG) report for Michael Doak?
TWFG reported that director Michael Doak received a grant of 4,000 restricted stock units of Class A Common Stock. These RSUs were awarded at $0.00 per share and represent equity-based compensation rather than an open-market purchase or sale.
How and when do Michael Doak’s TWFG RSUs vest?
The 4,000 TWFG restricted stock units granted to Michael Doak vest in full on the first anniversary of the grant date. Vesting is conditioned on his continued service as a director through that vesting date, aligning compensation with ongoing board tenure.
AI-generated analysis. How Rhea-AI works. Not financial advice.
