Kingsway (NYSE: KFS) CFO adds shares through employee purchase plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
KINGSWAY Corp executive Kent A. Hansen, the CFO and EVP, bought 156 shares of Common Stock in an open-market employee purchase on May 29, 2026 at $10.03 per share. The shares were acquired through the Kingsway America Inc. Employee Share Purchase Plan.
Under this plan, eligible employees may contribute up to 5% of adjusted salary, and, after 12 months of employment, the company makes a 100% matching contribution, with all contributions used to buy shares on the open market. Following this transaction, Hansen directly owns 135,403 shares, including 6,909 shares of restricted stock granted on December 4, 2024 and 14,568 shares of restricted stock granted on March 17, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 156 shares ($1,565)
Net Buy
1 txn
Insider
Hansen Kent A
Role
CFO & EVP
Bought
156 shs ($2K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 156 | $10.03 | $2K |
Holdings After Transaction:
Common Stock — 135,403 shares (Direct, null)
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 6,909 shares of restricted stock granted on December 4, 2024, and 14,568 shares of restricted stock granted on March 17, 2026.
Key Figures
Shares purchased: 156 shares
Purchase price: $10.03 per share
Total direct holdings: 135,403 shares
+5 more
8 metrics
Shares purchased
156 shares
Common Stock bought on May 29, 2026
Purchase price
$10.03 per share
Open-market ESPP acquisition
Total direct holdings
135,403 shares
Shares owned after the transaction
Restricted stock grant 2024
6,909 shares
Restricted stock granted December 4, 2024
Restricted stock grant 2026
14,568 shares
Restricted stock granted March 17, 2026
Employee contribution limit
Up to 5% of adjusted salary
ESPP contribution cap per payroll period
Company match rate
100% of employee contribution
Match for employees with 12 months of service
Net buy shares
156 shares
Net buy direction in transaction summary
Key Terms
Employee Share Purchase Plan, restricted stock, matching contribution, open market
4 terms
restricted stock financial
"Includes 6,909 shares of restricted stock granted on December 4, 2024, and 14,568 shares of restricted stock granted on March 17, 2026."
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.
matching contribution financial
"the company will make a matching contribution equal to 100% of such employee's contribution."
An employer’s matching contribution is when a company adds money to an employee’s retirement or savings account based on the employee’s own contributions, like a store offering to top up a customer’s purchase to reach a discount threshold. It matters to investors because matching increases a firm’s compensation costs and can improve staff retention and morale, which affect productivity, cash flow and long-term liabilities that influence a company’s financial outlook.
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.
FAQ
What did Kingsway (KFS) CFO Kent Hansen do in this Form 4 filing?
Kingsway CFO Kent A. Hansen reported buying 156 shares of Common Stock at $10.03 per share. The purchase was made through the company’s Employee Share Purchase Plan, adding to his existing direct holdings in Kingsway.
What restricted stock grants does Kingsway (KFS) CFO Kent Hansen hold?
Kent Hansen’s holdings include 6,909 shares of restricted stock granted on December 4, 2024 and 14,568 shares of restricted stock granted on March 17, 2026. These awards form part of his equity-based compensation from Kingsway.