DOAK MICHAEL 4
4 · TWFG, Inc. · Filed Jun 8, 2026
Research Summary
AI-generated summary of this filing
TWFG Director Michael Doak Buys 7,865 Shares
What Happened
Michael Doak, a director of TWFG, Inc., acquired 7,865 shares of TWFG Class A common stock in an open-market purchase on June 5, 2026 at $19.45 per share, for a total cost of $152,974. The transaction is reported on a Form 4 (purchase, code P).
Key Details
- Transaction date: 2026-06-05; Form 4 filed: 2026-06-08 (timely).
- Price: $19.45 per share; total value: $152,974.
- Reported holdings referenced in the filing include: 4,000 restricted stock units (RSUs) that vest in full on the first anniversary of grant (subject to continued service); 753,216 shares held directly by Griffin Highline Capital LLC; and 12,371 shares held directly by Dallas Specialty Insurance Company.
- Role/controls: Mr. Doak is CEO, Co-Chairman and Manager of Griffin Highline Capital LLC and has sole voting and dispositive power over the shares held by that entity. He disclaims beneficial ownership of entity-held shares except to the extent of his pecuniary interest.
- Transaction type: Open-market purchase (P). No option exercises, gifts, or tax-withholding reported.
Context
Insider purchases are often watched by investors as a potentially positive signal, but they are routine and do not guarantee future performance. The 4,000 RSUs are restricted and subject to vesting conditions; substantial holdings are held through affiliated entities where Mr. Doak exercises control.
Insider Transaction Report
Form 4
TWFG, Inc.TWFG
DOAK MICHAEL
Director
Transactions
- Purchase
Class A Common Stock
[F2]2026-06-05$19.45/sh+7,865$152,974→ 765,587 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]753,216 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. 12,371 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|2026-06-08