Ashe Gena L 4

What Happened

• Gena L. Ashe, a director of Skyward Specialty Insurance Group, reported the vesting and settlement of 1,797 Restricted Stock Units (RSUs) that converted into common shares. On May 11, 2026, Ashe sold a total of 740 shares in three open-market transactions at $46.35 per share, generating $34,299 in proceeds. The filing also shows the 1,797-share RSU conversion (reported as a derivative exercise/conversion).

Key Details

• Transaction date: May 11, 2026; Form 4 filed May 12, 2026 (timely).
• Sales: 100 shares @ $46.35 ($4,635); 140 shares @ $46.35 ($6,489); 500 shares @ $46.35 ($23,175). Total proceeds = $34,299.
• RSU award: 1,797 RSUs granted May 7, 2025; fully vested May 7, 2026 and converted to 1,797 shares upon settlement.
• Footnotes: Sales were made to cover taxes/fees associated with the RSU vesting and settlement (tax withholding). Issuer delayed settlement so the sell-to-cover occurred during an open trading window.
• Shares owned after transaction: Not provided in the supplied data.
• Transaction codes: "M" indicates exercise/conversion of a derivative (here the RSU settlement); "S" indicates open-market sales.

Context

• This was a routine sell-to-cover tax/fee event following RSU vesting, not a discretionary purchase. The filing shows the RSUs converted into shares and a portion sold to satisfy tax obligations (common practice for RSU awards). No indication of a 10% owner, 10b5‑1 plan, or late filing in the provided data.