Stock Trading Canary

United States · SEC Form 4 · Snapshot date: 2026-10-18 · Built: 2026-10-18 · 中文

← United States · Coverage record

US · SEC FORM 4

TWFG, Inc.

TWFG · Nasdaq · CIK 0002007596 · Financial Services · Insurance Brokers

INSIDER SIGNAL

59.1 / 100

1 buyers · 12 purchase transaction lines · $3.4M gross purchase

WHY THIS SIGNAL?

Buyer breadthLow
Purchase sizeStrong
RoleStrong
RecencyLow
ConvictionStrong
Score anatomy

Each bar shows the contribution to the current score; the weights and formula stay unchanged.

Cluster+7.0 / 35
Purchase size+21.1 / 25
Role+20.0 / 20
Recency+1.1 / 10
Conviction+10.0 / 10

What is holding the score back?

  • ⚠ Cluster breadth is moderate · 1 insider(s), not 4+
  • ⚠ Purchase activity is becoming less recent
  • ✓ Role scores high · most senior buyer: Director

Purchase-size comments are relative to the model scale. Average daily volume is a separate market-context diagnostic.

US-v1.2 ranks qualifying equity purchases under the current 180-day rules. The score is a research priority, not a return forecast or probability. Backtests have not shown that a higher US score is followed by better returns.

Insider activity timeline

Owner lanes show the latest 180 days. Symbol shape identifies the transaction type; sales remain context only.

AprMayJunJulAugSepOct
DOAK MICHAELDirector
●●●●●●●●●●●●
Bunch Michelle CarolineDirector
○○
Bunch Family Holdings, LLC; Bunch Richard F. IIIPresident and CEO
○○
Benes Julie E.General Counsel and Secretary
○
Bunch Charles AlexanderChief Creative & Marketing Off
○
Nolan Katherine CChief Operating Officer
○
● Purchase▼ Sale○ Other

Showing the six most active owners; 1 additional owner(s) remain in Form 4 evidence.

Purchase breadth & concentration

QUALIFYING BUYERS1
PURCHASE CONCENTRATION100%Largest buyer: DOAK MICHAEL · $3.4M
CLUSTER BUYING · 15D1 insiderPeak activity: 2026-05-20–2026-06-04

Roles in the peak window: Director. Concentration uses priced qualifying P lines only and does not change the saved score.

SIGNAL HISTORY

59.1 / 100

Latest recorded score

↓ -0.1 ptsversus the previous recorded snapshot
  1. 59.2
  2. 59.3
  3. 59.3
  4. 59.2
  5. 59.1

Only scores saved when a full US scoring run completed are shown; gaps are not reconstructed.

Recent Form 4 activity

12Purchases
0Sales
11Other Form 4 lines
15SEC filings · 365 days
BUYING12 qualifying P line(s) · 180 days
SELLING0 sale line(s) · context only
OTHER10 exercise / withholding / award / gift / other lines
10b5-1 / PLANNEDNot assessed

P is an open-market or private purchase. S is a sale. M, F, A and G usually describe exercises, tax withholding, awards and gifts. These categories remain visually separate.

Market context

Market context provides additional background on recent price performance and risk. It does not affect the Insider Signal.

Price performance

1M
-8.1%
3M
-5.2%
6M
+38.2%
12M
-10.0%

Volatility & liquidity

Volatility
43.4%
Beta
—
Avg daily value
USD 3.9M

Valuation

Market cap
—
P/E
—

Fundamentals

Profit margin
16.6%
ROE
49.4%
Industry
Insurance Brokers

Market data

Price data up to: 2026-10-11 · Price source: OpenBB/yfinance; volume from price cache (yfinance) · From SEC filings: Profit margin, ROE · Fiscal year ended: 2025-12-31 · Status: PASS

Short interest

Short interest is external context reported to FINRA by broker-dealers. It does not affect the Insider Signal.

Shares short
834,677
Previous report
732,074
Avg daily volume
178,335
Days to cover
4.7

FINRA settlement date: 2026-09-30 · Captured 2026-10-12 · FINRA equity short interest ↗. A share count, published about a week after each of two settlement dates a month; not a percentage of shares outstanding.

Historical equity purchases

Qualifying code P transactions in the local Form 4 history, including purchases outside the current signal window.

Transaction dateReporting ownerTypeSecuritySharesAvg. priceApprox. valueSource
2026-06-05DOAK MICHAELPurchase (P)Class A Common Stock7,865USD 19.45USD 152,974SEC filing ↗
2026-06-04DOAK MICHAELPurchase (P)Class A Common Stock11,000USD 19.09USD 209,990SEC filing ↗
2026-06-03DOAK MICHAELPurchase (P)Class A Common Stock22,994USD 18.62USD 428,148SEC filing ↗
2026-06-02DOAK MICHAELPurchase (P)Class A Common Stock16,500USD 19.25USD 317,625SEC filing ↗
2026-06-01DOAK MICHAELPurchase (P)Class A Common Stock16,500USD 19.33USD 318,945SEC filing ↗
2026-05-29DOAK MICHAELPurchase (P)Class A Common Stock11,330USD 18.87USD 213,797SEC filing ↗
2026-05-28DOAK MICHAELPurchase (P)Class A Common Stock11,000USD 18.87USD 207,570SEC filing ↗
2026-05-27DOAK MICHAELPurchase (P)Class A Common Stock24,880USD 18.62USD 463,266SEC filing ↗
2026-05-26DOAK MICHAELPurchase (P)Class A Common Stock11,000USD 19.23USD 211,530SEC filing ↗
2026-05-22DOAK MICHAELPurchase (P)Class A Common Stock11,000USD 18.89USD 207,790SEC filing ↗
2026-05-21DOAK MICHAELPurchase (P)Class A Common Stock17,538USD 18.52USD 324,804SEC filing ↗
2026-05-20DOAK MICHAELPurchase (P)Class A Common Stock15,745USD 18.79USD 295,849SEC filing ↗
2024-11-26Benes Julie E.Purchase (P)Class A Common Stock950USD 33.53USD 31,854SEC filing ↗
2024-07-19Bunch Charles AlexanderPurchase (P)Class A Common Stock72USD 17.00USD 1,224SEC filing ↗
2024-07-19Zwinggi Janice E.Purchase (P)Class A Common Stock3,000USD 17.00USD 51,000SEC filing ↗

Form 4 evidence

23 transaction lines in the latest 365-day window; 80 in local history.

DateOwnerTypeSecuritySharesAvg. priceApprox. valueSource
2026-07-17Zwinggi Janice E.Tax withholding (F)Class A Common Stock7,710USD 26.35USD 203,158SEC filing ↗
2026-07-17Nolan Katherine CTax withholding (F)Class A Common Stock11,559USD 26.35USD 304,580SEC filing ↗
2026-07-17Bunch Michelle CarolineTax withholding (F)Class A Common Stock17,733USD 26.35USD 467,265SEC filing ↗
Show recent Form 4 evidence (21 grouped rows)
DateOwnerTypeSecuritySharesAvg. priceApprox. valueSource
2026-07-17Zwinggi Janice E.Tax withholding (F)Class A Common Stock7,710USD 26.35USD 203,158SEC filing ↗
2026-07-17Nolan Katherine CTax withholding (F)Class A Common Stock11,559USD 26.35USD 304,580SEC filing ↗
2026-07-17Bunch Michelle CarolineTax withholding (F)Class A Common Stock17,733USD 26.35USD 467,265SEC filing ↗
2026-07-17Bunch Family Holdings, LLC; Bunch Richard F. IIITax withholding (F)Class A Common Stock17,733USD 26.35USD 467,265SEC filing ↗
2026-07-17Bunch Charles AlexanderTax withholding (F)Class A Common Stock6,163USD 26.35USD 162,395SEC filing ↗
2026-07-17Benes Julie E.Tax withholding (F)Class A Common Stock6,171USD 26.35USD 162,606SEC filing ↗
2026-06-05Bunch Michelle CarolineGift (G)Class C Common Stock794,352USD 0.00USD 0SEC filing ↗
2026-06-05Bunch Family Holdings, LLC; Bunch Richard F. IIIGift (G)Class C Common Stock794,352USD 0.00USD 0SEC filing ↗
2026-06-05DOAK MICHAELPurchase (P)Class A Common Stock7,865USD 19.45USD 152,974SEC filing ↗
2026-06-04DOAK MICHAELPurchase (P)Class A Common Stock11,000USD 19.09USD 209,990SEC filing ↗
2026-06-03DOAK MICHAELPurchase (P)Class A Common Stock22,994USD 18.62USD 428,148SEC filing ↗
2026-06-02DOAK MICHAELPurchase (P)Class A Common Stock16,500USD 19.25USD 317,625SEC filing ↗
2026-06-01DOAK MICHAELPurchase (P)Class A Common Stock16,500USD 19.33USD 318,945SEC filing ↗
2026-05-29DOAK MICHAELPurchase (P)Class A Common Stock11,330USD 18.87USD 213,797SEC filing ↗
2026-05-28DOAK MICHAELPurchase (P)Class A Common Stock11,000USD 18.87USD 207,570SEC filing ↗
2026-05-27DOAK MICHAELPurchase (P)Class A Common Stock24,880USD 18.62USD 463,266SEC filing ↗
2026-05-26DOAK MICHAELPurchase (P)Class A Common Stock11,000USD 19.23USD 211,530SEC filing ↗
2026-05-22DOAK MICHAELPurchase (P)Class A Common Stock11,000USD 18.89USD 207,790SEC filing ↗
2026-05-21DOAK MICHAELPurchase (P)Class A Common Stock17,538USD 18.52USD 324,804SEC filing ↗
2026-05-20DOAK MICHAELPurchase (P)Class A Common Stock15,745USD 18.79USD 295,849SEC filing ↗
2025-12-01Vijaya Gopal Mohan BabuAward / grant (A)Class A Common Stock427USD 0.00USD 0SEC filing ↗

Multiple price lines in one filing are grouped and share-weighted. Price and value are blank when a grouped filing line lacks price evidence.

Snapshot & identity

Snapshot date2026-10-18
Ranking versionUS-v1.2
Data qualityPASS ELIGIBLE · —
TickerTWFG
CIK0002007596
SectorFinancial Services
IndustryInsurance Brokers Yahoo Finance
SEC SIC6411 Insurance Agents, Brokers & Service
ExchangeNasdaq

Data coverage

Local Form 4 history80 transaction lines from 2024-07-17 to 2026-07-17
25 P purchase lines · 0 S sale lines · 55 other lines
SEC company submissionsOpen SEC filings ↗

Local ledger as of 2026-10-18. Mapping status is an audit field and does not erase SEC filing evidence.