TWFG GC Julie Benes Withholds 6,171 Shares for Taxes

What Happened Julie E. Benes, General Counsel and Secretary of TWFG, had 6,171 shares withheld (disposed) on July 17, 2026 to satisfy tax withholding obligations related to the release of restricted stock units (RSUs). The withholding was recorded at $26.35 per share for a total value of $162,606. This was a tax-withholding disposition rather than an open-market sale.

Key Details

• Transaction date and price: 2026-07-17, 6,171 shares at $26.35 each.
• Total value of shares withheld: $162,606 (disposition to cover taxes).
• Shares owned after transaction: not specified in the filing.
• Footnote: Shares were withheld at the reporting person’s election to satisfy tax withholding on RSU release (code F).
• Filing: Form 4 filed with accession date 2026-07-21 reporting the 7/17 transaction (filing timeliness not indicated as late in the filing).

Context Tax-withholding dispositions (code F) are common when RSUs vest and do not necessarily reflect an insider choosing to sell for investment reasons. This was a cashless withholding to cover tax obligations, not a market sale intended to raise cash or signal a view on the company.