SEC Form 4 · accession 0001628280-26-041987
TWFG, Inc. · TWFG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michelle Caroline Bunch
Director
Period of report
Jun 5, 2026
Accepted (ET)
Jun 9, 2026 · 5:38 pm EDT
Rule 10b5-1 plan
box not checked
Issuer CIK
0002007596
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class C Common Stock | Jun 5, 2026 | G | 529,568 | $0.00 | D | 33,364,242 | I | By LLC |
| Class C Common Stock | Jun 5, 2026 | G | 264,784 | $0.00 | A | 264,784 | D | |
| Class C Common Stock | Jun 5, 2026 | G | 264,784 | $0.00 | A | 264,784 | I | By Husband |
| Class C Common Stock | Jun 5, 2026 | G | 264,784 | $0.00 | D | 0 | D | |
| Class C Common Stock | Jun 5, 2026 | G | 264,784 | $0.00 | D | 0 | I | By Husband |
| Class C Common StockF1 | Jun 5, 2026 | G | 264,784 | $0.00 | A | 264,784 | I | By RFB Trust |
| Class C Common StockF2 | Jun 5, 2026 | G | 264,784 | $0.00 | A | 264,784 | I | By MCB Trust |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| LLC Units in TWFG HoldingF3 | — | Jun 5, 2026 | G | 529,568 | D | — | — | Class C Common Stock | 529,568 | 33,364,242 | I |
| LLC Units in TWFG HoldingF3 | — | Jun 5, 2026 | G | 264,784 | A | — | — | Class C Common Stock | 264,784 | 264,784 | D |
| LLC Units in TWFG HoldingF3 | — | Jun 5, 2026 | G | 264,784 | A | — | — | Class C Common Stock | 264,784 | 264,784 | I |
| LLC Units in TWFG HoldingF3 | — | Jun 5, 2026 | G | 264,784 | D | — | — | Class C Common Stock | 264,784 | 0 | D |
| LLC Units in TWFG HoldingF3 | — | Jun 5, 2026 | G | 264,784 | D | — | — | Class C Common Stock | 264,784 | 0 | I |
| LLC Units in TWFG HoldingF1,F3 | — | Jun 5, 2026 | G | 264,784 | A | — | — | Class C Common Stock | 264,784 | 264,784 | I |
| LLC Units in TWFG HoldingF2,F3 | — | Jun 5, 2026 | G | 264,784 | A | — | — | Class C Common Stock | 264,784 | 264,784 | I |
Explanation of responses
- F1On June 5, 2026, Bunch Family Holdings LLC (the "LLC") transferred 264,784 common units of TWFG Holding Company, LLC ("TWFG Holding"), together with the corresponding shares of Class C Common Stock of TWFG, Inc., to Michelle C. Bunch. On the same date, Ms. Bunch transferred such common units and corresponding shares to RFB Spousal Lifetime Trust U/T/A 8/25/2025, Richard F. Bunch III, Trustee ("RFB Trust").
- F2On June 5, 2026, Bunch Family Holdings LLC transferred 264,784 common units of TWFG Holding, together with the corresponding shares of Class C Common Stock of TWFG, Inc., to Richard F. Bunch III. On the same date, Mr. Bunch transferred such common units and corresponding shares to MCB Spousal Lifetime Trust U/T/A 6/19/2025, Michelle C. Bunch, Trustee ("MCB Trust").
- F3Each LLC Unit of TWFG Holding held by the Reporting Person is exchangeable for shares of Class A Common Stock of TWFG, Inc. on a one-for-one basis, and, upon such exchange, an equivalent number of shares of Class C shares of TWFG, Inc. held by the Reporting Person will be cancelled.