KFS holder plans Rule 144 sale of 30,000 common shares

KFS received a notice of proposed stock sales under Rule 144.

Rhea-AI Filing Summary

KFS received a notice of proposed stock sales under Rule 144. A shareholder plans to sell 30,000 shares of common stock through Goldman Sachs & Co. LLC on or about 12/23/2025 on the NYSE, with an indicated aggregate market value of $398,400. The filing notes that 28,956,152 shares of this class were outstanding.

The shares to be sold were originally acquired in 2016 as restricted stock units granted as compensation by the issuer on multiple dates, with payment described as compensation rather than cash purchases. The signer represents that they are not aware of any undisclosed material adverse information about the issuer’s current or prospective operations.

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Accepted by SEC EDGAR 12/23/2025 - 04:58 PM EST Learn about SEC filing dates

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK	0001584349
Filer CCC	XXXXXXXX
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer	KINGSWAY FINANCIAL SERVICES INC.
SEC File Number	001-15204
Address of Issuer	10 S. Riverside Plaza Suite 1520 Chicago ILLINOIS 60606
Phone	1-312-766-2138
Name of Person for Whose Account the Securities are To Be Sold	John T. Fitzgerald
See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.
Relationship to Issuer	Officer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Goldman Sachs & Co. LLC 200 West Street New York NY 10282	30000	398400	28956152	12/23/2025	NYSE

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	08/02/2016	Acquired as compensation -- Restricted Stock Units	Issuer			70	08/02/2016	Compensation
Common	08/17/2016	Acquired as compensation -- Restricted Stock Units	Issuer			100	08/17/2016	Compensation
Common	08/22/2016	Acquired as compensation -- Restricted Stock Units	Issuer			500	08/22/2016	Compensation
Common	08/23/2016	Acquired as compensation -- Restricted Stock Units	Issuer			2380	08/23/2016	Compensation
Common	07/27/2016	Acquired as compensation -- Restricted Stock Units	Issuer			4466	07/27/2016	Compensation
Common	08/01/2016	Acquired as compensation -- Restricted Stock Units	Issuer			4979	08/01/2016	Compensation
Common	07/07/2016	Acquired as compensation -- Restricted Stock Units	Issuer			3395	07/07/2016	Compensation
Common	07/12/2016	Acquired as compensation -- Restricted Stock Units	Issuer			3049	07/12/2016	Compensation
Common	07/26/2016	Acquired as compensation -- Restricted Stock Units	Issuer			4466	07/26/2016	Compensation
Common	07/13/2016	Acquired as compensation -- Restricted Stock Units	Issuer			3049	07/13/2016	Compensation
Common	07/06/2016	Acquired as compensation -- Restricted Stock Units	Issuer			3395	07/06/2016	Compensation
Common	07/01/2016	Acquired as compensation -- Restricted Stock Units	Issuer			151	07/01/2016	Compensation

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Nothing to Report

144: Remarks and Signature

Remarks
Date of Notice	12/23/2025
ATTENTION:
The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.
Signature	Goldman Sachs & Co. LLC on behalf of John T. Fitzgerald
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)