DOAK MICHAEL 4
4 · TWFG, Inc. · Filed May 27, 2026
Research Summary
AI-generated summary of this filing
TWFG Director Michael Doak Buys 46,880 Shares
What Happened Michael Doak, a director of TWFG, made three open‑market purchases of TWFG Class A common stock between May 22 and May 27, 2026. He bought 11,000 shares on 2026-05-22 at $18.89 ($207,790), 11,000 shares on 2026-05-26 at $19.23 ($211,530), and 24,880 shares on 2026-05-27 at $18.62 ($463,266), for a combined total of 46,880 shares and approximately $882,586. These were purchases (transaction code P), which are typically interpreted as insider buying rather than selling.
Key Details
- Transaction dates and prices:
- 2026-05-22: 11,000 shares @ $18.89 = $207,790
- 2026-05-26: 11,000 shares @ $19.23 = $211,530
- 2026-05-27: 24,880 shares @ $18.62 = $463,266
- Total purchased: 46,880 shares for ~$882,586.
- Reported holdings noted in the filing:
- 662,806 shares held by Griffin Highline Capital LLC (Doak is CEO/Co‑Chairman/Manager and has sole voting/dispositive power);
- 5,592 shares held by Dallas Specialty Insurance Company (controlled by Griffin Highline Capital LLC);
- 4,000 RSUs previously granted to Doak (vest in full on the first anniversary of grant, subject to continued service).
- Disclaimers: Doak disclaims beneficial ownership of shares held by the LLC and Dallas Specialty Insurance Company except for pecuniary interest.
- Timeliness: Filing dated 2026-05-27 covering transactions through 2026-05-27 — appears timely.
Context
- These were straightforward open‑market purchases (no option exercises, gifts, or tax withholding reported).
- Purchases by insiders can be seen as a positive signal, but they are one data point; filings do not state the insider’s motivation.
Insider Transaction Report
Form 4
TWFG, Inc.TWFG
DOAK MICHAEL
Director
Transactions
- Purchase
Class A Common Stock
[F2]2026-05-22$18.89/sh+11,000$207,790→ 632,518 total(indirect: See Footnote 2) - Purchase
Class A Common Stock
[F2]2026-05-26$19.23/sh+11,000$211,530→ 643,518 total(indirect: See Footnote 2) - Purchase
Class A Common Stock
[F2]2026-05-27$18.62/sh+24,880$463,266→ 668,398 total(indirect: See Footnote 2)
Holdings
- 10,117
Class A Common Stock
[F1]
Footnotes (2)
- [F1]Shares of Class A Common Stock reported herein include 4,000 restricted stock units ("RSUs") previously granted to the reporting person in his capacity as a director of the issuer. The RSUs vest in full on the first anniversary of their grant date, subject to his continued service as a director through the vesting date.
- [F2]662,806 shares of Class A Common Stock reported herein are held directly by Griffin Highline Capital LLC. Mr. Michael Doak is the Chief Executive Officer, Co-Chairman and Manager of Griffin Highline Capital LLC and has sole voting and dispositive power over the shares held by Griffin Highline Capital LLC. 5,592 shares of Class A Common Stock reported herein are directly held by Dallas Specialty Insurance Company, which is controlled by Griffin Highline Capital LLC. Mr. Doak disclaims beneficial ownership of any units or shares owned by either Griffin Highline Capital LLC or Dallas Specialty Insurance Company, except to the extent of his pecuniary interests therein.
Signature
/s/ Julie E. Benes, as Attorney-in-Fact for Michael Doak|2026-05-27