TWFG, Inc.·4

Jul 21, 5:58 PM ET

Zwinggi Janice E. 4

Research Summary

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TWFG CFO Janice Zwinggi Withholds 7,710 Shares for Taxes

What Happened

  • Janice E. Zwinggi, Chief Financial Officer of TWFG, Inc. (TWFG), had 7,710 shares withheld on July 17, 2026, at an attributable price of $26.35 per share. The withheld shares are reported as a disposal (code F) and valued at approximately $203,159. The filing notes the withholding was to satisfy tax obligations related to the release of restricted stock units (RSUs).

Key Details

  • Transaction date: 2026-07-17; Filing date (Form 4): 2026-07-21.
  • Shares involved: 7,710 shares withheld at $26.35 each; total value ≈ $203,159.
  • Transaction type: Tax withholding on RSU release (insider code F).
  • Footnote: F1 — shares withheld at the reporting person's election to satisfy tax withholding for RSU release.
  • Shares owned after transaction: Not specified in the provided filing excerpt.
  • Timeliness: Form 4 was filed four days after the transaction date; Form 4s are normally required within two business days, so investors may want to check the full filing for any timeliness note.

Context

  • This was not an open-market sale but a routine tax-withholding event tied to RSU vesting (a common executive compensation administration step). Such withholdings generally do not signal a deliberate decision to sell shares for investment reasons.