Krystyn Elizabeth 4
4 · Baldwin Insurance Group, Inc. · Filed Mar 6, 2026
Research Summary
AI-generated summary of this filing
Baldwin (BWIN) 10% Owner Krystyn Elizabeth Sells Shares
What Happened
- Krystyn Elizabeth, reported as a 10% owner, converted derivative securities into common stock and sold the resulting shares in open-market transactions on March 6, 2026. She sold 90,556 shares for $21.25 each (proceeds $1,924,315) and 29,431 shares for $21.25 each (proceeds $625,409), totaling $2,549,724. The conversions are shown as $0 transactions (no cash paid) and were followed by the sales.
Key Details
- Transaction date: 2026-03-06.
- Sales: 90,556 shares @ $21.25 ($1,924,315) and 29,431 shares @ $21.25 ($625,409); total proceeds $2,549,724.
- Conversions: Corresponding derivative conversions reported (C) for 90,556 and 29,431 shares at $0.00 prior to/alongside the sales.
- Shares owned after transaction: Not specified in the provided filing details.
- Footnotes:
- F1: Securities held by the Elizabeth H. Krystyn 2017 Revocable Trust (reporting person is sole trustee/beneficiary).
- F2: Securities held by the Elizabeth H. Krystyn 2019 Irrevocable Trust (spouse Enrique M. Fueyo is sole trustee).
- F3: LLC Units (with Class B shares) may be exchanged for Class A common stock on a one-for-one basis; LLC Units do not expire — this explains the conversions shown.
- Timeliness: Filing date matches the report date (filed 2026-03-06), indicating a timely report.
Context
- The filing shows conversion of derivative units into common stock followed by immediate open-market sales (functionally similar to converting/exchanging units and selling the resulting shares). As a 10% owner, Elizabeth is a major shareholder rather than necessarily an executive; such dispositions may be for portfolio/liquidity reasons. The filing is factual and does not indicate motive.
Insider Transaction Report
Form 4
Krystyn Elizabeth
Other
Transactions
- Conversion
Class B Common Stock
[F1]2026-03-06−90,556→ 1,350,100 total(indirect: By Trust) - Conversion
Class A Common Stock
[F1]2026-03-06+90,556→ 90,556 total(indirect: By Trust) - Sale
Class A Common Stock
[F1]2026-03-06$21.25/sh−90,556$1,924,315→ 0 total(indirect: By Trust) - Conversion
Class B Common Stock
[F2]2026-03-06−29,431→ 446,912 total(indirect: By Trust) - Conversion
Class A Common Stock
[F2]2026-03-06+29,431→ 29,431 total(indirect: By Trust) - Sale
Class A Common Stock
[F2]2026-03-06$21.25/sh−29,431$625,409→ 0 total(indirect: By Trust) - Conversion
LLC Units in The Baldwin Insurance Group Holdings, LLC
[F3][F1]2026-03-06−90,556→ 1,350,100 total(indirect: By Trust)Exercise: $0.00→ Class A Common Stock (90,556 underlying) - Conversion
LLC Units in The Baldwin Insurance Group Holdings, LLC
[F3][F2]2026-03-06−29,431→ 446,912 total(indirect: By Trust)Exercise: $0.00→ Class A Common Stock (29,431 underlying)
Footnotes (3)
- [F1]These securities are directly held by the Elizabeth H. Krystyn 2017 Revocable Trust, dated June 28, 2017, of which the reporting person is the sole trustee and beneficiary.
- [F2]These securities are directly held by the Elizabeth H. Krystyn 2019 Irrevocable Trust, dated September 30, 2019, of which Enrique M. Fueyo, the reporting person's spouse, serves as the sole trustee.
- [F3]Each LLC Unit, together with a share of Class B common stock, may be exchanged by the holder for one share of Class A common stock at any time. The LLC Units do not expire.
Signature
/s/ Seth Cohen, as Attorney-in Fact, for Elizabeth Krystyn|2026-03-06