Schmitt Thomas N 4
Research Summary
AI-generated summary
Skyward (SKWD) CPO Thomas Schmitt Sells 8,397 Shares
What Happened
- Thomas N. Schmitt, Chief People Officer of Skyward Specialty Insurance Group, sold 8,397 shares of SKWD common stock in an open-market/private sale on June 12, 2026. The weighted-average sale price was $51.3235, generating proceeds of approximately $430,963. The individual trades executed at prices in the range $51.30–$51.415.
Key Details
- Transaction date: June 12, 2026 (Form 4 filed June 15, 2026 — timely filing).
- Sale details: 8,397 shares sold; weighted-average price $51.3235; price range $51.30–$51.415.
- Proceeds: ≈ $430,963.
- Shares owned after transaction: not disclosed in the filing.
- Footnotes: (1) Prices are weighted averages; reporting person will provide breakdown of shares sold at each price on request. (2) The reported holdings reflect a prior ESPP purchase of 191 shares on June 5, 2026.
- No 10b5-1 plan or other trading-plan code is indicated in the filing.
Context
- This was a sale (often routine liquidity) rather than a purchase; sales alone do not indicate management’s view of company prospects. The filing also notes a small ESPP acquisition earlier in June (191 shares), but the primary action reported here is the open-market sale of 8,397 shares.