Director Peirce Christopher Locke of Skyward Specialty Insurance Group (NASDAQ:SKWD) completed a purchase of 3,200 common shares on March 2, 2026, a transaction disclosed on a Form 4 filed with the Securities and Exchange Commission.
The shares were acquired at $47.30 apiece, producing a total transaction value of $151,360. After the trade, Locke directly holds 3,200 Skyward Specialty shares.
Valuation context cited
The insider purchase is reported alongside a market valuation snapshot in which Skyward Specialty is trading at a price-to-earnings ratio of 11.07. The article cites InvestingPro analysis that characterizes that P/E as low relative to near-term earnings growth and notes that InvestingPro’s Fair Value assessment indicates the stock appears undervalued at current levels. The same platform is said to offer six additional ProTips for investors looking for further analysis on SKWD.
Quarterly results and leadership agreements
Skyward Specialty also disclosed its fourth-quarter 2025 results in the period referenced. The company reported earnings per share of $1.17, compared with an expected $0.77, representing a 51.95% surprise to the upside. Revenue for the quarter totaled $385.58 million, topping the $308.67 million that had been anticipated.
In related corporate governance developments, the board approved new executive employment agreements for key executives. The agreements cover Andrew Robinson, chairman and chief executive officer, and John Burkhart, president of U.S. Property and Casualty. According to the disclosures, these agreements set terms for annual base salary, target bonus levels, and long-term equity awards, with those terms subject to annual review by the board.
What the filings and disclosures show
- Insider transaction: Director Peirce Christopher Locke purchased 3,200 shares on March 2, 2026, at $47.30 per share for $151,360, now holding 3,200 shares directly.
- Valuation note: Skyward trades at a P/E of 11.07; InvestingPro’s analysis and Fair Value model are cited as viewing the shares as undervalued and offering additional investor guidance.
- Financial performance: Q4 2025 results exceeded expectations with EPS of $1.17 and revenue of $385.58 million, both above consensus projections.
- Corporate governance: New employment agreements for the chairman/CEO and the president of U.S. Property and Casualty were approved, specifying compensation elements and subject to annual review.
The public filings and the company’s reported results provide concrete, contemporaneous data on insider activity, recent financial performance, and board-approved executive terms. The disclosures cited here are limited to the specifics in the Form 4 and the company’s reported quarter and governance actions.