Mulcahey Brad 4

What Happened

Brad Mulcahey, CFO and Treasurer of Bowhead Specialty Holdings (BOW), was granted 25,145 restricted stock units (RSUs) on Feb 19, 2026 (reported as $0.00 per share on the Form 4). On Feb 20, 2026 he surrendered 1,274 shares back to the company to satisfy required tax withholdings; those shares are reported disposed at $24.90 each for a total of $31,723.

Key Details

• Transaction types: A = Award/Grant (25,145 RSUs on 2026-02-19); F = Tax withholding (1,274 shares surrendered on 2026-02-20).
• Prices: Grant reported at $0.00 per share (standard reporting for RSU awards); tax-withheld shares reported at $24.90 each, total $31,723.
• Footnotes: F1 = reflects grant of restricted stock units; F2 = shares surrendered to Issuer to pay required tax withholdings upon vesting.
• Shares owned after transaction: Not stated in the provided filing details.
• Filing timeliness: Form filed 2026-02-23 for transactions dated Feb 19–20, 2026 — submitted within the standard two-business-day window.

Context

This was a routine equity compensation transaction: the company granted RSUs (an award, not an open-market purchase) and the reporting person surrendered shares to cover tax obligations upon vesting (a common cashless-tax-withholding method). Such awards reflect compensation and are not direct buy/sell signals about the insider’s market view.