Skyward Specialty Insurance Group, Inc.·4

May 8, 4:48 PM ET

HAUSHILL MARK W 4

4 · Skyward Specialty Insurance Group, Inc. · Filed May 8, 2026

Research Summary

AI-generated summary of this filing

Updated

Skyward (SKWD) CFO Mark W Haushill Receives Award; Shares Withheld

What Happened

  • Mark W. Haushill, Chief Financial Officer of Skyward Specialty Insurance Group (SKWD), received shares when Performance Share Units (PSUs) vested and settled on May 6, 2026. The filing reports 5,036 shares acquired through PSU settlement (derivative conversion at $0 exercise price).
  • To satisfy tax withholding obligations, 1,982 of those shares were withheld (disposed) at $43.68 per share, totaling $86,574. The filing also reports a related derivative conversion entry for 3,787 PSUs tied to an award granted Feb 27, 2023 that vested as of Dec 31, 2025. This was an award/settlement event, not an open-market purchase or sale.

Key Details

  • Transaction date: May 6, 2026; Form 4 filed May 8, 2026 (appears timely).
  • Derivative conversions/exercise price: reported as $0.00 (standard for PSU settlement).
  • Withheld shares for taxes: 1,982 shares @ $43.68 = $86,574.
  • Implied gross value of shares credited on settlement (using $43.68/share): ~ $219,972 (5,036 × $43.68) — approximate based on the per-share value used for withholding.
  • Shares owned after transaction: not reported in the provided excerpt.
  • Notable footnotes:
    • F1/F3: PSUs settle into common stock (1 PSU = 1 share).
    • F2: The 1,982-share disposition was mandated withholding to cover taxes (not a discretionary sale).
    • F4: The 3,787-PSU award was granted Feb 27, 2023, subject to performance through 2025 and vested Dec 31, 2025; settlement finalized after committee certification.

Context

  • This was a routine PSU vesting/settlement with mandatory tax withholding—common for equity compensation. It should not be read as an open-market sale motivated by liquidity needs or market views; the withheld shares were surrendered solely to cover taxes.

Insider Transaction Report

Form 4
Period: 2026-05-06
HAUSHILL MARK W
CFO - Skyward Group
Transactions
  • Exercise/Conversion

    Common Stock

    [F1]
    2026-05-06+5,036141,448 total
  • Tax Payment

    Common Stock

    [F2]
    2026-05-06$43.68/sh1,982$86,574139,466 total
  • Exercise/Conversion

    2023 LTIP - PSUs

    [F3][F4]
    2026-05-063,7870 total
    Common Stock (3,787 underlying)
Footnotes (4)
  • [F1]Represents the number of shares that were acquired by the Reporting Person in connection with the settlement of the Performance Share Units ("PSUs") listed in Line I of Table II.
  • [F2]The disposition reported on this Form 4 represents shares withheld to cover tax withholding obligations in connection with the vesting and settlement of the PSUs listed in Line I of Table II. The disposition is mandated by the Issuer and does not represent a discretionary transaction by the Reporting Person.
  • [F3]Each PSU represents the right to receive one share of the Issuer's Common Stock upon settlement.
  • [F4]On February 27, 2023, the Reporting Person was awarded 3,787 PSUs. The PSUs are subject to obtaining specified performance criteria from January 1, 2023 through December 31, 2025. The number of PSUs subject to vest under this award can range from 0% to 150% of the amount shown. This award fully vested on December 31, 2025 and settled upon certification by the Compensation Committee of the Board of Directors.
Signature
/s/ Stacy E. Skelton, Attorney-in-Fact|2026-05-08

Documents

1 file
  • 4
    form4-05082026_080515.xmlPrimary