Slaughter James Richard 4

What Happened
James R. Slaughter, Chief Underwriting Officer (CUO) — Apollo, a division of Skyward Specialty Insurance Group (SKWD) — was granted 108,154 restricted stock units (RSUs) on February 25, 2026. The grant is recorded as a derivative award (acquisition price $0.00); no cash changed hands at grant and the RSUs convert to common shares only upon vesting.

Key Details

• Transaction type: Award/Grant (Form 4 code A) of 108,154 RSUs on 2026-02-25.
• Price: $0.00 per RSU at grant (derivative award).
• Vesting: 50% vest on January 1, 2029; remaining 50% vest on January 1, 2030 (per RSU agreement).
• Shares owned after transaction: Not specified in the filing.
• Footnotes: Reporting person is trustee of the entity (F1). Each RSU converts to one share on settlement (F2). Grant and vesting terms described in footnote F3.
• Filing timeliness: Form filed 2026-02-27 for a 2026-02-25 transaction (filed within the standard SEC Form 4 window).

Context
RSUs are long‑term compensation that do not represent immediately tradable shares; they only become common stock if and when they vest per the schedule above. This award is a compensation grant, not an open‑market purchase or sale, so it reflects company compensation practices rather than an immediate insider market view.