$TWFG

TWFG, Inc. demonstrated strong financial performance in 2025 with revenue up 22% to $248.5 million and net income up 44% to $41.2 million, alongside significant Adjusted EBITDA growth and margin expansion. Despite this rapid growth, the company maintains a highly concentrated voting control, with Bunch Family Holdings holding approximately 94.1% of combined voting power through Class C common stock, enabling it to leverage Nasdaq controlled-company exemptions and limit public Class A holders' influence. The proxy statement outlines executive compensation tied to performance metrics, details related-party transactions, and defines governance practices, including board composition, audit committee responsibilities, and robust clawback and insider trading policies.