Schmitt Thomas N 4

What Happened

• Thomas N. Schmitt, Chief Product Officer (CPO) of Skyward Specialty Insurance Group, sold 2,616 shares of SKWD in an open-market transaction on February 9, 2026. The weighted-average sale price was $43.49167813, generating proceeds of approximately $113,774. This was a sale (not a purchase or option exercise), which is typically routine insider selling rather than a direct bullish signal.

Key Details

• Transaction date: 2026-02-09; filing date: 2026-02-10 (timely)
• Shares sold: 2,616
• Price: weighted average $43.49167813; individual trade prices ranged $43.15–$43.78
• Proceeds: $113,774 (approx.)
• Shares owned after the transaction: not disclosed in the provided filing
• Footnotes: F1 — sale effected under a Rule 10b5-1 trading plan adopted Sept 11, 2025; F2 — reported price is a weighted average; reporting person can provide per-price breakdown on request
• Filing timeliness: filed the next day; no late filing indicated

Context

• The sale was executed under a pre-established 10b5-1 plan, which typically means the trades were planned in advance according to preset instructions. Such sales can be routine (e.g., for diversification or liquidity) and do not necessarily reflect a change in the insider’s view of the company.