Baldwin Insurance BWIN Insider Ownership

Updated Oct 11, 2026

In the last 12 months, insiders at Baldwin Insurance made open-market purchases of $1 million (44.2K shares) and open-market sales of $13.25 million (591.99K shares).

• By number of insiders, Baldwin Insurance saw one insider buy and 3 insiders sell on the open market over the past 12 months.
• Among Baldwin Insurance insiders, Paul Eugene Sparks (Director) led open-market buying over the past 12 months with $1 million of purchases (44.2K shares); the latest was on March 3, 2026.
• Conversely, Elizabeth Krystyn was BWIN's largest open-market seller in the past 12 months, with $6.83 million of sales (321.99K shares); the latest was on May 7, 2026.
• The newest open-market trade among Baldwin Insurance insiders came on May 14, 2026, when Seth Bala Cohen (General Counsel) made a sale of 15K shares for $300,150.
• Outside the open market, Baldwin Insurance insiders received 1.65Mn shares in stock awards, acquired 576.99K shares through option exercises and conversions, gave up 138.11K shares to cover taxes or exercise prices and gave away 30.1K shares as gifts over the past 12 months.
• According to Business Quant data, insiders at Baldwin Insurance reported 35.59Mn shares in total in their latest Form 4 filings, or 25.52% of the 139.43Mn shares outstanding; that total is down 1.34% from 36.07Mn shares at the end of Q2 2026 and down 2.47% from 36.49Mn shares at the end of Q3 2025.
• Direct holdings account for 1.71Mn shares (4.79%) of BWIN's insider total, and indirect holdings through trusts, partnerships and family members for 33.88Mn shares (95.21%).
• Business Quant counts 18 insiders with holdings in Baldwin Insurance stock, among the officers, directors and 10% owners who have filed a Form 4 in the past two years.
• Baldwin Insurance's top three insider holders by shares held are Lowry Baldwin (Director and 10% owner, 25.81Mn shares), Laura Sherman (2.24Mn shares) and Trevor Baldwin (Chief Executive Officer, 2.07Mn shares).
• The holding of Lowry Baldwin makes up 72.53% of all shares held by Baldwin Insurance insiders.
• Institutions accounted for 64.49% of BWIN's outstanding shares in Q2 2026.
• Over the trailing 12 months, 18 insiders reported transactions in BWIN stock across 66 Form 4 filings.
• This summary of Baldwin Insurance insider activity covers Form 4 filings through October 2, 2026.