BWIN Baldwin Insurance (BWIN) Insider Trading, Ownership & Congress Trades
Insurance · Insurance agents, brokers & service · CIK 0001781755
SEC filings
Insider buyers, 180 days
0
House members buying, 1 year
0
STOCK Act, US House only, disclosed up to 45 days after the trade
Funds added, last quarter
110
13F, latest reported quarter
Conversions, 180 days
4
Codes C/M, not in net · $0 priced
What the filings say about BWIN
Insiders, 180 days
-$4.6M net sold
2 sellers · 0% of sales under a 10b5-1 plan
Congress, 1 year
No trades
Last one: sale, 2025-10-03
Baldwin Insurance insider trades (Form 4)
Form 4 buys and sells (codes P and S). Grants, option exercises
and conversions excluded.
Over the last 180 days, Baldwin Insurance Group, Inc. insiders sold a net $4.6M of stock across 71 Form 4 purchases and sales, with no insider buying. Source: SEC Form 4 filings, as of 2026-10-27.
Insider
Filed
Shares
Value
Since filing
Context
- 4 earlier Form 4 trades (code P or S) here by this insider (4 sales), the last on Aug 13, 2025.
- The trade is 107.0% of the 14,024 shares held after it.
- 1 other insider sold within 30 days.
- 110 funds added in the 13F quarter to Jun 30, 2026.
Insider activity: General Counsel Cohen Seth Bala sold about $300.1K of BWIN on May 14, 2026; 1 other insider sold within 30 days and 110 funds added in the latest 13F quarter.Context
- 10 earlier Form 4 trades (code P or S) here by this insider (10 sales), the last on May 6, 2026.
- 1 other insider sold within 30 days.
- 110 funds added in the 13F quarter to Jun 30, 2026.
Insider activity: Insider Krystyn Elizabeth sold about $2.1M of BWIN on May 7, 2026; 1 other insider sold within 30 days and 110 funds added in the latest 13F quarter.Context
- 10 earlier Form 4 trades (code P or S) here by this insider (10 sales), the last on May 6, 2026.
- 1 other insider sold within 30 days.
- 110 funds added in the 13F quarter to Jun 30, 2026.
Insider activity: Insider Krystyn Elizabeth sold about $672.3K of BWIN on May 7, 2026; 1 other insider sold within 30 days and 110 funds added in the latest 13F quarter.Context
- 8 earlier Form 4 trades (code P or S) here by this insider (8 sales), the last on Mar 6, 2026.
- The trade is 54.7% of the 98,278 shares held after it.
- 1 other insider sold within 30 days.
- 110 funds added in the 13F quarter to Jun 30, 2026.
Insider activity: Insider Krystyn Elizabeth sold about $1.1M of BWIN on May 6, 2026; 1 other insider sold within 30 days and 110 funds added in the latest 13F quarter.Context
- 8 earlier Form 4 trades (code P or S) here by this insider (8 sales), the last on Mar 6, 2026.
- The trade is 57.5% of the 31,740 shares held after it.
- 1 other insider sold within 30 days.
- 110 funds added in the 13F quarter to Jun 30, 2026.
Insider activity: Insider Krystyn Elizabeth sold about $387.1K of BWIN on May 6, 2026; 1 other insider sold within 30 days and 110 funds added in the latest 13F quarter.71 transactions on record
Since filing: total return from the first close after the filing to the latest close, dividend-adjusted. Not a forecast.
Context lines are counts over the filings above and returns from our own price history, never a price level. Not investment advice.
Seven facts, ranked against the sector ·
Rank is not a forecast
Insiders
net -$4.6M over 180 days
below 60% of Insurance
Congress
no House purchase disclosed in the last 12 months
Funds
110 funds bought in last quarter
below 62% of Insurance
Revenue
+8.5% year over year
below 54% of Insurance
Margin
-2.3% net margin
below 85% of Insurance
Buybacks
$126.8M repurchased, FY to 2026-06-30
below 55% of Insurance
Short interest
8.4% of the float short (float per yahoo 2026-10-26) · 1.4 days to cover · settled 2026-09-30
the highest in Insurance
What changed in the last 30 days
Oct 27Insider selling stopped: no sales in 90 days after 5 in the prior 90
Why it matters
The absence is the signal: 5 sales in one 90-day window and none in the next is a change of behaviour, not a filing.
Watch BWIN
A free account keeps a watchlist and can send one email a day when insiders, funds or Congress file on the names in it. No password and no card.
The year, with the filings on it
Total return over 12 months. Each marker is a filing; hover or tap one for the detail.
+35.8%12M
Insider buyInsider sell
Indexed to 100, dividend-adjusted, not a price chart.
When a name files heavily, the largest trades are drawn first.
Who owns BWIN: institutional holders (13F)
13F holdings, latest reported quarter
14,752,216 sh
$392.1M
7,251,950 sh
$192.8M
6,732,965 sh
$179.0M
3,262,912 sh
$86.7M
3,166,381 sh
$84.2M
Congress trades in BWIN
STOCK Act disclosures, US House only, filed up to 45 days after the trade
Sold 2025-10-03 · disclosed 46 days later
$1,001 - $15,000
Sold 2025-09-23 · disclosed 22 days later
$1,001 - $15,000
Sold 2025-04-10 · disclosed 7 days later
$500,001 - $1,000,000
Sold 2025-02-07 · disclosed 16 days later
$1,000,001 - $5,000,000
Sold 2025-02-06 · disclosed 17 days later
$15,001 - $50,000
Activist and 5% holders (13D/13G)
No 5%+ ownership filings
Nobody has filed for crossing 5%. That is a fact, not missing data.
BWIN planned insider sales (Form 144)
No planned-sale notices
No insider has filed to sell. Watch this after a run-up.
BWIN mutual fund holders (N-PORT)
Funds ranked by the share of their own portfolio in this stock (N-PORT).
FAM SMALL CAP FUND
$16.6M position · as of 2026-06-30
5.3%
BNY Mellon Small/Mid Cap Growth Fund
$28.0M position · as of 2026-06-30
3.2%
BARON SMALL CAP FUND
$71.8M position · as of 2026-06-30
2.5%
State Street(R) SPDR(R) S&P(R) Insurance ETF
$11.2M position · as of 2026-06-30
2.5%
BNY Mellon Small Cap Multi-Strategy Fund
$2.8M position · as of 2026-05-31
2.1%
Fidelity Small Cap Stock Fund
$23.7M position · as of 2026-07-31
1.8%
SEC N-PORT, monthly, about 60 days late · funds ≥ $10M ·
% is the share of the fund's own portfolio
Executive pay vs shareholder return · Trevor Baldwin,
CEO pay, headline and as actually paid, against the company's
return and its chosen peers' (DEF 14A).
FY
CEO total
Actually paid
Other execs, avg
TSR
Peer TSR
2025
$5.3M
-$2.4M
$2.2M
-20%
+65%
2024
$5.7M
$11.5M
$2.6M
+29%
+80%
2023
$6.4M
$3.7M
$5.5M
-20%
+48%
2022
$4.8M
$3.8M
$2.2M
-16%
+35%
2021
$3.4M
$3.9M
$1.9M
+20%
+38%
Tagged by the company under SEC Item 402(v). Returns are
cumulative from the start of the disclosure period. Green where the company beat its own peer group.
Live price
Daily candles from TradingView, under their licence. No filings marked.
Why this name is on the desk
The complete filing record, in one place.
The record shows a net $4.6M sold by insiders over 180 days, 110 funds added last quarter. Each figure is a federal filing, dated the day it went public.
BWIN financials
Revenue growth
+8.5%
XBRL, annual
Net margin
-2.3%
Ratios from the company's XBRL filings, latest filings
Revenue, TTM
$1.7B
four quarters, 2025-07-01 to 2026-06-30
Revenue, TTM BWIN
| FY Dec 2025 | $1.5B |
| FY Dec 2024 | $1.4B |
| FY Dec 2023 | $1.2B |
| FY Dec 2022 | n/a |
| FY Dec 2021 | n/a |
| Jun 2026 | $492.9M |
| Mar 2026 | $532.2M |
| Dec 2025 | $347.3M |
| Sep 2025 | $365.4M |
| Jun 2025 | $378.8M |
| Mar 2025 | $413.4M |
| Dec 2024 | $329.9M |
| Sep 2024 | $338.9M |
At each fiscal year end
Single quarter
Net margin, TTM
-5.8%
net income over revenue, 2025-07-01 to 2026-06-30
Net margin, TTM BWIN
| FY Dec 2025 | -3.6% |
| FY Dec 2024 | -3.0% |
| FY Dec 2023 | -13.5% |
| FY Dec 2022 | n/a |
| FY Dec 2021 | n/a |
| Jun 2026 | -7.9% |
| Mar 2026 | +0.4% |
| Dec 2025 | -13.3% |
| Sep 2025 | -5.1% |
| Jun 2025 | -0.8% |
| Mar 2025 | +3.4% |
| Dec 2024 | -11.1% |
| Sep 2024 | -2.5% |
At each fiscal year end
Single quarter
Free cash flow, TTM
$43.7M
operating cash flow minus capex, 2025-07-01 to 2026-06-30
Free cash flow, TTM BWIN
| FY Dec 2025 | -$68.9M |
| FY Dec 2024 | $10.4M |
| FY Dec 2023 | -$21.3M |
| FY Dec 2022 | -$24.4M |
| FY Dec 2021 | $34.8M |
| Jun 2026 | $30.4M |
| Mar 2026 | -$18.7M |
| Dec 2025 | -$84.0K |
| Sep 2025 | $32.2M |
| Jun 2025 | -$28.1M |
| Mar 2025 | -$72.9M |
| Dec 2024 | -$14.5M |
| Sep 2024 | $22.2M |
At each fiscal year end
Single quarter
Debt to equity
0.45x
LongTermDebt as filed 2020-12-31 (66 months older than the period end) (includes the current portion); equity 2026-06-30
Debt to equity BWIN
| FY Dec 2025 | 0.66x |
| FY Dec 2024 | 0.68x |
| FY Dec 2023 | 0.71x |
| FY Dec 2022 | 0.66x |
| FY Dec 2021 | 0.66x |
| Jun 2026 | 0.45x |
| Mar 2026 | 0.41x |
| Dec 2025 | 0.66x |
| Sep 2025 | 0.64x |
| Jun 2025 | 0.63x |
| Mar 2025 | 0.64x |
| Dec 2024 | 0.68x |
| Sep 2024 | 0.67x |
At each fiscal year end
Trailing four quarters at each quarter end
Cash flow to debt
0.23x
TTM operating cash flow over LongTermDebt as filed 2020-12-31 (66 months older than the period end) (includes the current portion)
Cash flow to debt BWIN
| FY Dec 2025 | -0.07x |
| FY Dec 2024 | 0.13x |
| FY Dec 2023 | 0.00x |
| FY Dec 2022 | -0.01x |
| FY Dec 2021 | 0.10x |
| Jun 2026 | 0.23x |
| Mar 2026 | 0.07x |
| Dec 2025 | -0.07x |
| Sep 2025 | -0.11x |
| Jun 2025 | -0.13x |
| Mar 2025 | -0.04x |
| Dec 2024 | 0.13x |
| Sep 2024 | 0.08x |
At each fiscal year end
Trailing four quarters at each quarter end
Return on equity
-13.4%
TTM net income over average of 2025-06-30 and 2026-06-30
Return on equity BWIN
| FY Dec 2025 | -9.2% |
| FY Dec 2024 | -7.2% |
| FY Dec 2023 | -28.1% |
| FY Dec 2022 | -12.6% |
| FY Dec 2021 | n/a |
| Jun 2026 | -13.4% |
| Mar 2026 | -8.3% |
| Dec 2025 | -9.2% |
| Sep 2025 | -7.4% |
| Jun 2025 | -5.6% |
| Mar 2025 | -8.0% |
| Dec 2024 | -7.2% |
| Sep 2024 | -19.0% |
At each fiscal year end
Trailing four quarters at each quarter end
Return on assets
-2.0%
TTM net income over average of 2025-06-30 and 2026-06-30
Return on assets BWIN
| FY Dec 2025 | -1.5% |
| FY Dec 2024 | -1.2% |
| FY Dec 2023 | -4.7% |
| FY Dec 2022 | -2.4% |
| FY Dec 2021 | n/a |
| Jun 2026 | -2.0% |
| Mar 2026 | -1.4% |
| Dec 2025 | -1.5% |
| Sep 2025 | -1.2% |
| Jun 2025 | -0.9% |
| Mar 2025 | -1.4% |
| Dec 2024 | -1.2% |
| Sep 2024 | -3.2% |
At each fiscal year end
Trailing four quarters at each quarter end
Return on invested capital
n/a
pre-tax loss, no effective tax rate to apply
Return on invested capital BWIN
| FY Dec 2025 | n/a |
| FY Dec 2024 | n/a |
| FY Dec 2023 | n/a |
| FY Dec 2022 | n/a |
| FY Dec 2021 | n/a |
| Jun 2026 | n/a |
| Mar 2026 | n/a |
| Dec 2025 | n/a |
| Sep 2025 | n/a |
| Jun 2025 | n/a |
| Mar 2025 | n/a |
| Dec 2024 | n/a |
| Sep 2024 | n/a |
At each fiscal year end
Trailing four quarters at each quarter end
Return on capital employed
-3.3%
operating income (EBIT proxy) over average of 2025-06-30 and 2026-06-30 minus current liabilities
Return on capital employed BWIN
| FY Dec 2025 | +2.8% |
| FY Dec 2024 | +2.5% |
| FY Dec 2023 | -1.6% |
| FY Dec 2022 | -1.2% |
| FY Dec 2021 | n/a |
| Jun 2026 | -3.3% |
| Mar 2026 | -2.4% |
| Dec 2025 | +2.8% |
| Sep 2025 | +3.1% |
| Jun 2025 | +3.6% |
| Mar 2025 | +3.2% |
| Dec 2024 | +2.5% |
| Sep 2024 | +1.4% |
At each fiscal year end
Trailing four quarters at each quarter end
P/E, trailing
n/a
trailing loss, a multiple of a loss is not meaningful
P/E, trailing BWIN
| FY Dec 2025 | n/a |
| FY Dec 2024 | n/a |
| FY Dec 2023 | n/a |
| FY Dec 2022 | n/a |
| FY Dec 2021 | n/a |
| Jun 2026 | n/a |
| Mar 2026 | n/a |
| Dec 2025 | n/a |
| Sep 2025 | n/a |
| Jun 2025 | n/a |
| Mar 2025 | n/a |
| Dec 2024 | n/a |
| Sep 2024 | n/a |
At each fiscal year end
Trailing four quarters at each quarter end
Enterprise value
$1.3B
market value at close 2026-10-26 on 2020-11-06 shares, plus LongTermDebt as filed 2020-12-31 (66 months older than the period end) (includes the current portion), minus cash 2026-06-30
Enterprise value BWIN
| FY Dec 2025 | $1.1B |
| FY Dec 2024 | $1.6B |
| FY Dec 2023 | $1.1B |
| FY Dec 2022 | $1.1B |
| FY Dec 2021 | $1.5B |
| Jun 2026 | $1.1B |
| Mar 2026 | $998.3M |
| Dec 2025 | $1.1B |
| Sep 2025 | $1.3B |
| Jun 2025 | $1.7B |
| Mar 2025 | $1.8B |
| Dec 2024 | $1.6B |
| Sep 2024 | $1.9B |
At each fiscal year end
Trailing four quarters at each quarter end
FCF yield
+4.0%
TTM free cash flow over market value at close 2026-10-26
FCF yield BWIN
| FY Dec 2025 | -8.4% |
| FY Dec 2024 | +0.8% |
| FY Dec 2023 | -2.6% |
| FY Dec 2022 | -2.9% |
| FY Dec 2021 | +2.8% |
| Jun 2026 | +4.8% |
| Mar 2026 | -2.0% |
| Dec 2025 | -8.4% |
| Sep 2025 | -8.7% |
| Jun 2025 | -6.4% |
| Mar 2025 | -3.8% |
| Dec 2024 | +0.8% |
| Sep 2024 | -0.3% |
At each fiscal year end
Trailing four quarters at each quarter end
PEG, trailing
n/a
trailing loss, a multiple of a loss is not meaningful
PEG, trailing BWIN
| FY Dec 2025 | n/a |
| FY Dec 2024 | n/a |
| FY Dec 2023 | n/a |
| FY Dec 2022 | n/a |
| FY Dec 2021 | n/a |
| Jun 2026 | n/a |
| Mar 2026 | n/a |
| Dec 2025 | n/a |
| Sep 2025 | n/a |
| Jun 2025 | n/a |
| Mar 2025 | n/a |
| Dec 2024 | n/a |
| Sep 2024 | n/a |
At each fiscal year end
Trailing four quarters at each quarter end
Price as of 2026-10-26. Hover or tap a tile for its yearly and quarterly history.
Method
TTM is four consecutive fiscal quarters; Q4 is the year minus nine months when not filed. Returns use the average of opening and closing balances. EBIT is approximated by operating income. PEG uses trailing EPS growth.
Fundamentals
Annual figures from XBRL filings. Pick a past date to see them as known then.
| 2025-12 | 2024-12 | 2023-12 | 2022-12 | |
|---|---|---|---|---|
| Revenue | $1.5B | $1.4B | $1.2B | $980.7M |
| Operating income | $73.9M | $60.6M | -$42.6M | -$31.1M |
| Net income | -$54.2M | -$41.1M | -$164.0M | -$76.7M |
| EPS (diluted) | -0.50 | -0.39 | -1.50 | -0.74 |
| Operating cash flow | -$29.4M | $51.5M | $46.0K | -$2.5M |
| Cash | $123.7M | $90.0M | $116.2M | $118.1M |
SEC XBRL, fiscal years, as known on 2026-10-27
BWIN Stock Sonar score 6/7 axes
Find similar shapesCompareBWIN ranks highest on risk and compliance (49th percentile) and growth (46th), and lowest on insider conviction (19th), among Insurance peers.
6 of 7 axes scored. Each is a percentile against sector peers (all companies when the sector is thin); higher is better. An unscored axis is unmeasured, not low. How it is scored
BWIN filings, in plain words
Are Baldwin Insurance insiders buying or selling BWIN?
In the 180 days to 2026-10-27, Baldwin Insurance insiders were net sellers, a net $4.6M across purchases and sales reported on Form 4, by 2 sellers.
Have members of Congress traded BWIN?
Yes, but not in the year to 2026-10-27; the latest on record is a sale by Gilbert Cisneros dated 2025-10-03.
Read the full summary
In the 180 days to 2026-10-27, Baldwin Insurance insiders were net sellers of BWIN, a net $4.6M across purchases and sales reported on Form 4 by 2 sellers. None of the 5 insider sales was flagged as made under a Rule 10b5-1 plan. Members of Congress have disclosed trades in BWIN, none in the last year; the latest on record is a sale by Gilbert Cisneros dated 2025-10-03. Each figure is counted from SEC and House filings as of 2026-10-27, dated the day the filing was made public.
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