TWFG, Inc. (TWFG) director Doak adds 7,865 Class A shares in open-market buy
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
TWFG, Inc. director Michael Doak reported an open-market purchase of 7,865 shares of Class A Common Stock at $19.45 per share through indirectly owned entities. After this transaction, indirect holdings reported for him total 765,587 shares. He also holds 10,117 shares directly, including 4,000 restricted stock units that vest after one year of continued board service.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 7,865 shares ($152,974)
Net Buy
2 txns
Insider
DOAK MICHAEL
Role
null
Bought
7,865 shs ($153K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Class A Common Stock | 7,865 | $19.45 | $153K |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 765,587 shares (Indirect, See Footnote 2);
Class A Common Stock — 10,117 shares (Direct, null)
Footnotes (1)
- Shares of Class A Common Stock reported herein include 4,000 restricted stock units ("RSUs") previously granted to the reporting person in his capacity as a director of the issuer. The RSUs vest in full on the first anniversary of their grant date, subject to his continued service as a director through the vesting date. 753,216 shares of Class A Common Stock reported herein are held directly 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. 12,371 shares of Class A Common Stock reported herein are directly held by Dallas Specialty Insurance Company, which is controlled by Griffin Highline Capital LLC. Mr. Doak disclaims beneficial ownership of any units or shares owned by either Griffin Highline Capital LLC or Dallas Specialty Insurance Company, except to the extent of his pecuniary interests therein.
Key Figures
Open-market purchase: 7,865 shares
Purchase price: $19.45 per share
Indirect holdings after trade: 765,587 shares
+4 more
7 metrics
Open-market purchase
7,865 shares
Class A Common Stock bought on 2026-06-05
Purchase price
$19.45 per share
Price for 7,865 Class A shares
Indirect holdings after trade
765,587 shares
Class A Common Stock held indirectly after purchase
Direct holdings
10,117 shares
Class A Common Stock held directly by Doak
RSUs included in direct holdings
4,000 RSUs
Vest in full on first anniversary of grant date
Griffin Highline Capital LLC holdings
753,216 shares
Class A Common Stock held by Griffin Highline Capital LLC
Dallas Specialty Insurance Company holdings
12,371 shares
Class A Common Stock held by Dallas Specialty Insurance Company
Key Terms
restricted stock units, RSUs, dispositive power, beneficial ownership, +1 more
5 terms
restricted stock units financial
"Shares of Class A Common Stock reported herein include 4,000 restricted stock units ("RSUs") previously 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.
RSUs financial
"The RSUs vest in full on the first anniversary of their grant date"
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
dispositive power financial
"has sole voting and dispositive power over the shares held by Griffin Highline Capital LLC"
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.
beneficial ownership financial
"Mr. Doak disclaims beneficial ownership of any units or shares owned by either Griffin Highline Capital LLC or Dallas Specialty Insurance Company"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
pecuniary interests financial
"except to the extent of his pecuniary interests therein"
