TWFG, Inc. (TWFG) CEO granted 27,500 RSUs; shares withheld for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
TWFG, Inc. director, President and CEO Richard F. Bunch III reported equity compensation and related tax withholding in Class A Common Stock. He received 27,500 restricted stock units (RSUs) under the 2024 Omnibus Incentive Plan, vesting in three equal annual installments on March 31, 2027, 2028 and 2029, subject to continued service. To cover tax obligations from an RSU release, 2,133 shares were withheld at $18.39 per share, a non‑market disposition. After these entries, he directly holds 331,329 shares. Separately, his wife, serving as a director, was granted 4,000 RSUs that vest in full on the first anniversary of the grant date, and indirect holdings are reported for his wife, two sons and Bunch Family Holdings, LLC.
Positive
- None.
Negative
- None.
Insider Trade Summary
6 transactions reported
Mixed
6 txns
Insider
Bunch Richard F. III, Bunch Family Holdings, LLC
Role
President and CEO | 10% Owner
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 27,500 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 2,133 | $18.39 | $39K |
| Grant/Award | Class A Common Stock | 4,000 | $0.00 | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 333,462 shares (Direct);
Class A Common Stock — 15,967 shares (Indirect, By wife)
Footnotes (1)
- Represents restricted stock units ("RSUs") granted under the 2024 Omnibus Incentive Plan. The RSUs vest in three equal annual installments on March 31, 2027, March 31, 2028, and March 31, 2029, subject to his continued service with the issuer through each vesting date. The shares are withheld at the election of the Reporting Person to satisfy tax withholding obligations in connection with the release of RSUs. Represents RSUs granted to the wife ("Mrs. Bunch") of the reporting person in her capacity as a director of the issuer. The RSUs vest in full on the first anniversary of the grant date, subject to the continued service of Mrs. Bunch as a director through the vesting date. Represent shares of Class A Common Stock held by Mrs. Bunch, sons and Bunch Family Holdings, LLC. 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
CEO RSU grant: 27,500 RSUs
Tax withholding shares: 2,133 shares at $18.39
Direct holdings after transactions: 331,329 shares
+5 more
8 metrics
CEO RSU grant
27,500 RSUs
Granted under 2024 Omnibus Incentive Plan, vesting 2027-2029
Tax withholding shares
2,133 shares at $18.39
Shares withheld to cover RSU-related tax obligations
Direct holdings after transactions
331,329 shares
CEO direct Class A Common Stock position after March 31, 2026 entries
Wife RSU grant
4,000 RSUs
Granted to Mrs. Bunch as director, vesting on first anniversary
Indirect holdings by wife
15,967 shares
Class A Common Stock held indirectly by wife after transactions
Indirect holdings first son
5,850 shares
Class A Common Stock held indirectly by first son
Indirect holdings second son
5,850 shares
Class A Common Stock held indirectly by second son
Indirect holdings by LLC
342,362 shares
Class A Common Stock held indirectly via Bunch Family Holdings, LLC
Key Terms
restricted stock units ("RSUs"), 2024 Omnibus Incentive Plan, tax withholding obligations, pecuniary interest
4 terms
restricted stock units ("RSUs") financial
"Represents restricted stock units ("RSUs") granted under the 2024 Omnibus Incentive Plan."
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
2024 Omnibus Incentive Plan financial
"Represents restricted stock units ("RSUs") granted under the 2024 Omnibus Incentive Plan."
tax withholding obligations financial
"The shares are withheld at the election of the Reporting Person to satisfy tax withholding obligations in connection with the release of RSUs."
pecuniary interest financial
"indirect forms of deemed pecuniary interest instead of reporting them in an aggregated form."
FAQ
What equity award did TWFG (TWFG) CEO Richard Bunch receive?
Richard F. Bunch III received 27,500 restricted stock units (RSUs). These RSUs were granted under the 2024 Omnibus Incentive Plan and vest in three equal annual installments on March 31, 2027, March 31, 2028 and March 31, 2029, contingent on continued service.
How were taxes handled on Richard Bunch’s TWFG RSU release?
To satisfy tax withholding obligations from an RSU release, 2,133 TWFG Class A Common Stock shares were withheld at $18.39 per share. This F‑code entry reflects a tax-withholding disposition rather than an open‑market sale, and does not indicate discretionary selling activity.
What equity compensation did the TWFG CEO’s wife receive as a director?
The CEO’s wife, Mrs. Bunch, received 4,000 restricted stock units (RSUs) in her capacity as a TWFG director. These RSUs vest in full on the first anniversary of the grant date, provided she continues serving as a director through that vesting date, creating indirect beneficial ownership.
How are TWFG indirect holdings by the Bunch family reported in this Form 4?
Indirect holdings are shown separately for Mrs. Bunch, two sons and Bunch Family Holdings, LLC. The filing notes these lines represent individual indirect forms of deemed pecuniary interest rather than an aggregated total, clarifying how the family’s Class A Common Stock interests are allocated.