TWFG, Inc. (TWFG) - Dilution Analysis

Visualizing historical and potential share dilution over time

Dilution Analysis

High Risk
Significant dilution risk
Last updated: May 08, 2026

Risk Assessment Details

Potential Dilution: 421.26% of current shares
Recent Dilution: 14.46% (2 years)
Historical Dilution Factor: moderate recent dilution
Outstanding Shares
13M
Potential Supply
55M
Additional shares possible
Splits
None
Past 2 years

Summary

TWFG currently has 13M outstanding shares. with significant dilution risk as 54.8M authorized shares could dilute existing holders by 421.3%. The company has diluted shareholders by 14.46% over the past 2 years through share issuances.

Share Structure Timeline

Outstanding Shares
Total Supply

Historical Data Points

Date Event Outstanding Supply
May 08, 2026

10-Q filing | 13.0M shares outstanding

13M 55M
Nov 12, 2025

10-Q filing | 15.0M shares outstanding

15M 55M
Aug 13, 2025

10-Q filing | 14.9M shares outstanding

15M 55M
Aug 06, 2025

S-3 filing: This S-3 filing describes a shelf registration for the potential offering of Class A common stock, preferred stock, depositary shares and purchase contracts up to an aggregate amount of $500,000,000, as well as the offering and resale of up to 42,102,058 shares of Class A common stock by selling stockholders.

15M 55M
May 13, 2025

10-Q filing | 14.9M shares outstanding

15M 13M
Mar 27, 2025

10-K filing | 15.0M shares outstanding

15M 13M
Nov 13, 2024

10-Q filing | 14.9M shares outstanding

15M 13M
Aug 30, 2024

10-Q filing | 14.8M shares outstanding

15M 13M
Jul 15, 2024

S-1/A filing: This S-1/A filing describes an offering of 11,000,000 shares of Class A common stock, with an option for underwriters to purchase an additional 1,650,000 shares, at an assumed price of $15.00 per share, resulting in 13,161,873 shares outstanding after the offering.

13M 13M
Jul 09, 2024

S-1/A filing: This is an S-1/A filing for an initial public offering of Class A common stock.

13M 24M
Jun 24, 2024

S-1 filing: This is an S-1 filing for an initial public offering of Class A common stock. The document discusses the terms of the offering, including the number of shares offered, voting rights, redemption rights of LLC unit holders, use of proceeds, and other related information.

N/A 0
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