Newman David John 4

What Happened

David John Newman, Chief Underwriting Officer of Bowhead Specialty Holdings (BOW), surrendered 4,506 shares on May 23, 2026 to satisfy tax withholding obligations tied to vested restricted stock units (RSUs). The shares were valued at $28.30 each, totaling approximately $127,520. This was a tax-withholding disposition (code F), not an open-market sale.

Key Details

• Transaction date: 2026-05-23; Filing date (Form 4): 2026-05-26
• Disposition: 4,506 shares surrendered at $28.30 per share; total value ≈ $127,520
• Transaction code: F — shares surrendered to issuer to pay required tax withholdings on RSU vesting (see footnote F1)
• Shares owned after transaction: not specified in the provided excerpt of the filing
• No 10b5-1 plan or other sale program noted in this filing excerpt; no late-filing flag indicated

Context

This was a routine tax-withholding transaction associated with RSU vesting (a common "sell-to-cover" or surrender action), not an indicative open-market sale or purchase decision. Such transactions reflect tax obligations rather than a change in the insider’s investment view.