TWFG exec granted 5,000 RSUs; shares withheld for tax
TWFG, Inc. reported that Chief Creative & Marketing Officer Charles Alexander Bunch received an award of 5,000 shares of Class A Common Stock in the form of restricted stock units under the 2024 Omnibus Incentive Plan.
Rhea-AI Filing Summary
TWFG, Inc. reported that Chief Creative & Marketing Officer Charles Alexander Bunch received an award of 5,000 shares of Class A Common Stock in the form of restricted stock units 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 company.
On the same date, 326 shares of Class A Common Stock were withheld at a price of $18.39 per share to satisfy tax withholding obligations in connection with the release of RSUs. Following these transactions, Bunch directly holds 42,686 shares of Class A Common Stock and has an additional 72 shares held indirectly by his son.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Bunch Charles Alexander
Role
Chief Creative & Marketing Off
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 5,000 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class A Common Stock | 326 | $18.39 | $6K |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 42,686 shares (Direct);
Class A Common Stock — 72 shares (Indirect, By son)
Footnotes (2)
- F1. 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.
- F2. The shares are withheld at the election of the Reporting Person to satisfy tax withholding obligations in connection with the release of RSUs.
Key Figures
RSU grant size: 5,000 shares
Tax withholding shares: 326 shares
Tax withholding price: $18.39 per share
+2 more
5 metrics
RSU grant size
5,000 shares
Restricted stock units granted on March 31, 2026
Tax withholding shares
326 shares
Shares withheld to cover tax obligations on RSU release
Tax withholding price
$18.39 per share
Value used for shares withheld for taxes
Direct holdings after transactions
42,686 shares
Class A Common Stock directly held by Bunch after March 31, 2026
Indirect holdings after transactions
72 shares
Class A Common Stock held indirectly by son
Key Terms
restricted stock units ("RSUs"), 2024 Omnibus Incentive Plan, tax withholding obligations, Class A Common Stock
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."
Class A Common Stock financial
"security_title": "Class A Common Stock""
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
FAQ
What insider transaction did TWFG (TWFG) report for Charles Alexander Bunch?
TWFG reported that Chief Creative & Marketing Officer Charles Alexander Bunch received 5,000 restricted stock units of Class A Common Stock as an equity award. These RSUs were granted at no cash cost and represent part of his long-term incentive compensation under the 2024 Omnibus Incentive Plan.
How do the new RSUs for TWFG (TWFG) vest for Charles Alexander Bunch?
The 5,000 restricted stock units granted to Charles Alexander Bunch vest in three equal annual installments. Vesting occurs on March 31, 2027, March 31, 2028, and March 31, 2029, and is conditional on his continued service with TWFG through each respective vesting date.
What compensation plan governs the RSU grant reported by TWFG (TWFG)?
The restricted stock units granted to Charles Alexander Bunch were issued under TWFG’s 2024 Omnibus Incentive Plan. This plan provides equity-based awards, such as RSUs, that align executive compensation with long-term shareholder interests through service-based vesting conditions.
AI-generated analysis. How Rhea-AI works. Not financial advice.
