Kingsway (KFS) CEO logs indirect sale of 5,000 shares at $10.135
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
KINGSWAY Corp President and CEO Fitzgerald John Taylor Maloney reported an indirect open-market sale of 5,000 shares of Common Stock at $10.135 per share through a trust identified as Trust-MPF. After the sale, he reports 29,100 shares held indirectly in that trust and 1,461,641 shares held directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 5,000 shares ($50,675)
Net Sell
4 txns
Insider
Fitzgerald John Taylor Maloney
Role
President and CEO
Sold
5,000 shs ($51K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 5,000 | $10.135 | $51K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 29,100 shares (Indirect, Trust-MPF);
Common Stock — 1,461,641 shares (Direct, null)
Footnotes (1)
Key Figures
Shares sold: 5,000 shares
Sale price: $10.135 per share
Indirect holdings in Trust-MPF: 29,100 shares
+2 more
5 metrics
Shares sold
5,000 shares
Indirect open-market sale, Common Stock
Sale price
$10.135 per share
Price for 5,000-share open-market sale
Indirect holdings in Trust-MPF
29,100 shares
Total shares following transaction in Trust-MPF
Direct holdings
1,461,641 shares
Directly held Common Stock after transactions
Net shares sold
5,000 shares
Net buy/sell direction is net-sell
Key Terms
open-market sale, indirect ownership, non-derivative, Common Stock
4 terms
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
indirect ownership financial
""ownership_type": "indirect", "ownership_code": "I""
non-derivative financial
""transaction_type": "non-derivative""
Common Stock financial
""security_title": "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What did KINGSWAY Corp (KFS) CEO report in this Form 4?
The CEO reported an indirect open-market sale of 5,000 KINGSWAY Corp common shares at $10.135 per share via a trust. The filing also updates his reported direct and indirect shareholdings following this transaction.
What are the CEO’s indirect KINGSWAY Corp (KFS) holdings after the sale?
After the reported sale, the CEO reports 29,100 KINGSWAY Corp common shares held indirectly in Trust-MPF. Additional indirect positions are reported in other trusts, each shown with separate “total shares following transaction” entries in the Form 4 data.
Is the KINGSWAY Corp (KFS) CEO’s sale a derivative or non-derivative transaction?
The 5,000-share transaction is classified as a non-derivative transaction in KINGSWAY Corp common stock. It is coded as an open-market or private sale, not as an option exercise, conversion, tax withholding, or other derivative-related event.