KADOW JOSEPH JOHN 4

What Happened
Joseph John Kadow, a director of Baldwin Insurance Group, Inc. (BWIN), was granted 1,221 shares on April 1, 2026. The shares were issued at $0.00 (reported acquisition value $0), indicating an award/grant rather than an open-market purchase.

Key Details

• Transaction date: 2026-04-01; Transaction type: Award/Grant (code A)
• Price per share: $0.00; Total reported cash value: $0.00
• Shares acquired: 1,221
• Shares owned after transaction: Not specified in the provided filing
• Filing date: 2026-04-03 (filed two days after the transaction, which generally meets the SEC two-business-day Form 4 deadline)
• No derivative activity, 10b5-1 plan, or tax-withholding details were reported in this filing

Context
Grants issued at $0.00 are typically part of executive/director compensation packages (restricted stock, service-based awards, etc.) and are not the same as an insider buying shares on the open market. Such awards are common for board compensation and do not, by themselves, indicate a personal purchase or immediate market sentiment.