SEC Filing | TWFG

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SEC FORM 4 SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Bunch Richard F. III

(Last)

(First)

(Middle)

C/O TWFG, INC.

10055 GROGANS MILL RD, STE 500

(Street)

THE WOODLANDS

77380

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
TWFG, Inc. [ TWFG ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
	Officer (give title below)	Other (specify below)
President and CEO

3. Date of Earliest Transaction (Month/Day/Year)
06/05/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Class C Common Stock	06/05/2026		G⁽¹⁾⁽²⁾		529,568	D	$0	33,364,242	I	By LLC
Class C Common Stock	06/05/2026		G⁽¹⁾		264,784	A	$0	264,784	D
Class C Common Stock	06/05/2026		G⁽²⁾		264,784	A	$0	264,784	I	By wife
Class C Common Stock	06/05/2026		G⁽¹⁾		264,784	D	$0	0	D
Class C Common Stock	06/05/2026		G⁽²⁾		264,784	D	$0	0	I	By wife
Class C Common Stock	06/05/2026		G⁽¹⁾		264,784	A	$0	264,784	I	By MCB Trust⁽¹⁾
Class C Common Stock	06/05/2026		G⁽²⁾		264,784	A	$0	264,784	I	By RFB Trust⁽²⁾

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
LLC Units in TWFG Holding	⁽³⁾	06/05/2026		G⁽¹⁾⁽²⁾			529,568	⁽³⁾	⁽³⁾	Class C Common Stock	529,568	$0	33,364,242	I	By LLC
LLC Units in TWFG Holding	⁽³⁾	06/05/2026		G⁽¹⁾		264,784		⁽³⁾	⁽³⁾	Class C Common Stock	264,784	$0	264,784	D
LLC Units in TWFG Holding	⁽³⁾	06/05/2026		G⁽²⁾		264,784		⁽³⁾	⁽³⁾	Class C Common Stock	264,784	$0	264,784	I	By wife
LLC Units in TWFG Holding	⁽³⁾	06/05/2026		G⁽¹⁾			264,784	⁽³⁾	⁽³⁾	Class C Common Stock	264,784	$0	0	D
LLC Units in TWFG Holding	⁽³⁾	06/05/2026		G⁽²⁾			264,784	⁽³⁾	⁽³⁾	Class C Common Stock	264,784	$0	0	I	By wife
LLC Units in TWFG Holding	⁽³⁾	06/05/2026		G⁽¹⁾		264,784		⁽³⁾	⁽³⁾	Class C Common Stock	264,784	$0	264,784	I	By MCB Trust⁽¹⁾
LLC Units in TWFG Holding	⁽³⁾	06/05/2026		G⁽²⁾		264,784		⁽³⁾	⁽³⁾	Class C Common Stock	264,784	$0	264,784	I	By RFB Trust⁽²⁾

1. Name and Address of Reporting Person^*

Bunch Richard F. III

(Last)

(First)

(Middle)

C/O TWFG, INC.

10055 GROGANS MILL RD, STE 500

(Street)

THE WOODLANDS

77380

(City)

(State)

(Zip)

1. Name and Address of Reporting Person^*

Bunch Family Holdings, LLC

(Last)

(First)

(Middle)

C/O TWFG ,INC.

10055 GROGANS MILL RD, SUITE 500

(Street)

THE WOODLANDS

77380

(City)

(State)

(Zip)

Explanation of Responses:

1. On June 5, 2026, Bunch Family Holdings LLC (the "LLC") transferred 264,784 common units of TWFG Holding Company, LLC, 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").

2. On June 5, 2026, Bunch Family Holdings LLC transferred 264,784 common units of TWFG Holding Company, LLC, 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").

3. Each 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.

Remarks:

	/s/ Julie E. Benes, as Attorney-in-Fact for Richard F. Bunch III	06/09/2026
	/s/ Julie E. Benes, as Attorney-in-Fact for Bunch Family Holdings, LLC	06/09/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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