Roche James Morgan 4
4 · Baldwin Insurance Group, Inc. · Filed Feb 27, 2026
Research Summary
AI-generated summary of this filing
Baldwin (BWIN) President James Roche Receives 240,000-Share Award
What Happened
- Roche James Morgan, President of The Baldwin Group and CEO, Underwriting, Capacity and Technology Operations, was granted 240,000 restricted shares of Class A common stock on 2026-02-26. The shares were issued at $0.00 (award/grant). The grant is governed by his restricted stock award agreement and a Second Amended and Restated Employment Agreement dated February 26, 2026.
Key Details
- Transaction date: 2026-02-26 (Form 4 filed 2026-02-27)
- Transaction type/code: Award/Grant (Code A)
- Shares granted: 240,000 Class A restricted shares; acquisition price reported as $0.00
- Vesting: Four equal installments on Jan 1 of 2027, 2028, 2029 and 2030 (per footnote)
- Shares owned after transaction: Not specified in this filing
- Filing timeliness: Filed one day after the transaction (appears timely)
Context
- This was a restricted stock award (compensation), not an open-market purchase or sale. Such grants are common for executive compensation and vest over time; they do not by themselves indicate near-term buying or selling intent.
Insider Transaction Report
Form 4
Roche James Morgan
See Remarks
Transactions
- Award
Class A Common Stock
[F1]2026-02-26+240,000→ 302,810 total
Footnotes (1)
- [F1]Represents restricted shares of Class A common stock that vest in four equal installments on each of January 1, 2027, January 1, 2028, January 1, 2029 and January 1, 2030, in each case subject to the terms and conditions of Mr. Roche's restricted stock award agreement and his Second Amended and Restated Employment Agreement, dated as of February 26, 2026.
Signature
/s/ Seth Cohen, as Attorney-in Fact, for James Roche|2026-02-27