Director at Kestrel Group (KG) receives 5,718 restricted shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Weissmann Jeffrey reported acquisition or exercise transactions in this Form 4 filing.
Kestrel Group Ltd director Jeffrey Weissmann received a grant of 5,718 restricted common shares on June 10, 2026 under the 2025 Equity Incentive Plan. These restricted shares will vest 100% on the first anniversary of the grant date, reflecting stock-based compensation rather than an open-market purchase. Following this award, Weissmann directly holds a total of 8,055 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Weissmann Jeffrey
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Shares | 5,718 | $0.00 | -- |
Holdings After Transaction:
Common Shares — 8,055 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Restricted share grant: 5,718 shares
Post-grant holdings: 8,055 shares
Grant price: $0.00 per share
+1 more
4 metrics
Restricted share grant
5,718 shares
Grant of restricted common shares on June 10, 2026
Post-grant holdings
8,055 shares
Total common shares directly held after transaction
Grant price
$0.00 per share
Reported price for restricted share award
Vesting schedule
100% after one year
Restricted shares vest on first anniversary of June 10, 2026 grant
Key Terms
restricted shares, 2025 Equity Incentive Plan, vest, Grant, award, or other acquisition
4 terms
2025 Equity Incentive Plan financial
"These restricted shares were granted on June 10, 2026 under the 2025 Equity Incentive Plan"
vest financial
"and will vest 100% on the first anniversary of the grant date"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
FAQ
What insider transaction did Kestrel Group (KG) report for Jeffrey Weissmann?
Kestrel Group reported that director Jeffrey Weissmann received 5,718 restricted common shares as a grant. The award was made on June 10, 2026 under the company’s 2025 Equity Incentive Plan as stock-based compensation rather than an open-market share purchase.
Was the Kestrel Group (KG) Form 4 transaction a market purchase or a grant?
The Form 4 transaction for Kestrel Group was a grant, not a market purchase. Weissmann received 5,718 restricted common shares at a reported price of $0.00 per share as compensation under the 2025 Equity Incentive Plan, classified as a grant or award acquisition.
What is the significance of the 2025 Equity Incentive Plan for Kestrel Group (KG)?
The 2025 Equity Incentive Plan provides stock-based compensation such as restricted share grants to Kestrel Group insiders. Weissmann’s 5,718-share award under this plan aligns director incentives with shareholders by granting equity that vests after a one-year period from the grant date.