Sills Stephen Jay 4/A

What Happened Stephen J. Sills, CEO, President and Director of Bowhead Specialty Holdings (BOW), surrendered 13,053 shares on May 22, 2026 to satisfy tax withholdings tied to the vesting of restricted stock units (RSUs). The shares were valued at $28.46 each, for a total of approximately $371,488. This was a tax-withholding/settlement transaction (code F), not an open-market sale.

Key Details

• Transaction date: 2026-05-22; Price: $28.46 per share; Shares surrendered/disposed: 13,053; Total value: ~$371,488.
• Transaction code: F (shares surrendered to pay tax liability upon RSU vesting).
• Shares owned after transaction: not specified in the summary provided—see the Form 4 for total beneficial ownership.
• Footnote F1: The surrender corrects an inadvertent error in the Form 4 filed May 26, 2026.
• Footnote F2: The filing notes 31,129 shares were transferred to Sills’ direct holdings on May 15, 2026 from the Stephen J. Sills 2024 I GRAT #2 (no consideration); that transfer was exempt under Rule 16a-13.
• Filing status: This is an amended Form 4 (filed May 27, 2026) correcting the earlier filing on May 26; the transaction occurred May 22, so the initial reporting fell after the typical two-business-day window and was addressed via amendment.

Context This was a routine tax-withholding action tied to RSU vesting (a common cashless settlement), not an indication of an open-market sale or an expressed change in insider sentiment. The footnote transfer from a GRAT to direct holdings is a non‑market transfer (a gift/estate planning adjustment) and was reported as exempt under Rule 16a-13. The amended filing corrects an earlier reporting error—investors should consult the full Form 4 for any additional ownership details.