BIGH, LLC 4
4 · Baldwin Insurance Group, Inc. · Filed May 23, 2024
Insider Transaction Report
Form 4
BIGH, LLC
10% OwnerOther
Transactions
- Other
Class B Common Stock
2024-05-21−125,000→ 13,149,090 total - Other
LLC Units in Baldwin Risk Partners, LLC
2024-05-21−125,000→ 13,149,090 totalExercise: $0.00→ Class A Common Stock (125,000 underlying)
Footnotes (3)
- [F1]The securities were distributed by the reporting person to the L. Lowry Baldwin Revocable Trust (the "Baldwin Revocable Trust"), of which L. Lowry Baldwin (who is the sole manager of the managing member of the reporting person and who is deemed to have beneficial ownership of the securities held by the reporting person to the extent of his pecuniary therein) is sole trustee, in exchange for a corresponding reduction in the Baldwin Revocable Trust's ownership of the reporting person.
- [F2]The reporting person disclaims beneficial ownership in these securities except to the extent of its pecuniary interest therein.
- [F3]Each LLC Unit, together with a share of Class B common stock, may be exchanged by the holder into one share of Class A common stock at any time. The LLC Units do not expire.