KINGSWAY Corp (KFS) CEO adds shares through employee stock purchase plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
KINGSWAY Corp President and CEO John Taylor Maloney increased his stake through the company’s employee share plan. On May 29, he bought 250 shares of Common Stock in an open-market purchase at $10.03 per share under the Employee Share Purchase Plan.
After this transaction, his direct ownership rose to 1,455,634 Common shares, which includes 400,000 shares of restricted stock granted on March 31, 2021. He also reports indirect holdings of 29,100 shares of Common Stock in each of three family trusts labeled MPF, LTF, and GEF.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 250 shares ($2,508)
Net Buy
4 txns
Insider
Fitzgerald John Taylor Maloney
Role
President and CEO
Bought
250 shs ($3K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 250 | $10.03 | $3K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 1,455,634 shares (Direct, null);
Common Stock — 29,100 shares (Indirect, Trust-GEF)
Footnotes (1)
- The shares of Common Stock were acquired pursuant to the Kingsway America Inc. Employee Share Purchase Plan, as amended and restated effective May 29, 2014 (the "ESPP"). Pursuant to the ESPP, eligible employees may contribute an amount up to 5% of adjusted salary for each regular payroll period and, to the extent such employee has been employed by Kingsway America Inc. and its subsidiaries for 12 months, the company will make a matching contribution equal to 100% of such employee's contribution. The employee contributions and company contributions are used to purchase, as soon as administratively practicable after the date of such contributions, shares of Kingsway Corporation The shares are acquired by the administrator of the ESPP on the open market through the services of a duly registered stockbroker. Includes 400,000 shares of restricted stock granted on March 31, 2021.
Key Figures
Shares purchased: 250 shares
Purchase price: $10.03 per share
Direct holdings after trade: 1,455,634 shares
+4 more
7 metrics
Shares purchased
250 shares
Common Stock bought on May 29, 2026
Purchase price
$10.03 per share
Open-market purchase under ESPP
Direct holdings after trade
1,455,634 shares
Common Stock directly owned after purchase
Restricted stock included
400,000 shares
Restricted stock granted March 31, 2021
Indirect trust holdings
29,100 shares
Common Stock per trust (MPF, LTF, GEF)
Employee contribution limit
5% of adjusted salary
Maximum ESPP contribution per payroll period
Company match rate
100% of employee contributions
For employees with 12 months of service
Key Terms
Employee Share Purchase Plan, restricted stock, open market, Trust-MPF, +2 more
6 terms
restricted stock financial
"Includes 400,000 shares of restricted stock granted on March 31, 2021"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
open market financial
"The shares are acquired by the administrator of the ESPP on the open market through the services of a duly registered stockbroker"
An open market is a system where buying and selling of goods, services, or financial assets happen freely without restrictions or special controls. For investors, it means they can trade assets easily and quickly, which helps determine fair prices based on supply and demand. This environment encourages transparency and competition, making it easier to buy or sell with confidence.
Trust-MPF financial
"Common Stock ... total_shares_following_transaction 29100.0000 ... nature_of_ownership Trust-MPF"
Trust-LTF financial
"Common Stock ... total_shares_following_transaction 29100.0000 ... nature_of_ownership Trust-LTF"
Trust-GEF financial
"Common Stock ... total_shares_following_transaction 29100.0000 ... nature_of_ownership Trust-GEF"
FAQ
What insider transaction did KINGSWAY Corp (KFS) report for John Taylor Maloney?
KINGSWAY Corp reported that President and CEO John Taylor Maloney bought 250 Common shares. The shares were purchased on May 29 through an open-market transaction executed under the company’s Employee Share Purchase Plan, increasing his directly held position in the stock.
What indirect KINGSWAY Corp (KFS) holdings does the CEO report in the trusts?
The Form 4 shows indirect ownership of 29,100 Common shares in each of three trusts identified as Trust-MPF, Trust-LTF, and Trust-GEF. These entries reflect trust-held positions, separate from the CEO’s directly owned KINGSWAY Corp shares reported in his name.