4Filed Aug 6, 8:00 PM ET

Skyward (SKWD) Director Peter C. Hearn Receives RSU Award

$SKWD · Skyward Specialty Insurance Group, Inc.

Research Summary

AI-generated summary of this SEC filing

Updated

Skyward (SKWD) Director Peter C. Hearn Receives RSU Award

What Happened Peter C. Hearn, a director of Skyward Specialty Insurance Group, was granted 1,845 restricted stock units (RSUs) on August 6, 2026. The award was granted at $0.00 per unit (no cash paid) and is reported as a derivative award that will convert to common shares upon vesting.

Key Details

  • Transaction date: August 6, 2026; reported on Form 4 filed August 7, 2026 (timely filing).
  • Grant: 1,845 RSUs; grant price listed as $0.00 (no cash exchanged at grant).
  • Vesting: The award will fully vest on the date of the Issuer's 2027 Annual Meeting of Shareholders (per footnote).
  • Shares owned after transaction: Not disclosed in this filing.
  • Footnotes: F1 clarifies each RSU represents the right to one share upon vesting and settlement; F2 describes the grant amount and vesting schedule.
  • Filing timeliness: Filing appears timely (transaction 8/6/2026; Form 4 filed 8/7/2026).

Context RSUs are a form of equity compensation that become shares only after vesting and (usually) settlement; this grant does not reflect an open-market purchase or sale. Awards like this are common compensation for directors and do not by themselves indicate a buy or sell signal until and unless the shares are retained or disposed of after vesting.