Nolan Katherine C 4

What Happened Katherine C. Nolan, Chief Operating Officer of TWFG, was granted 12,500 restricted stock units (RSUs) on March 31, 2026 under the company's 2024 Omnibus Incentive Plan. On the same date, 828 shares were withheld to cover tax withholding obligations at a reported per-share value of $18.39, totaling approximately $15,227. This was an equity award (not a market purchase or sale); withholding of shares for taxes is routine.

Key Details

• Transaction dates and codes: 2026-03-31 — Award (A): 12,500 RSUs @ $0.00; 2026-03-31 — Tax withholding (F): 828 shares withheld @ $18.39 (disposed), ~$15,227.
• Vesting: RSUs vest in three equal annual installments on 3/31/2027, 3/31/2028 and 3/31/2029, subject to continued service (footnote).
• Withholding: Shares were withheld at Ms. Nolan’s election to satisfy tax withholding (footnote).
• Shares owned after transaction: Not specified in the provided filing.
• Filing timeliness: Form 4 was filed 2026-04-02 for a 2026-03-31 transaction, which is within the standard two-business-day reporting window (not late).

Context This was a standard equity compensation grant (RSUs) rather than a market purchase or sale. RSU grants are part of executive compensation and typically vest over time; the withheld shares simply cover tax obligations and should not be read as an active sell decision.