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KINS Form 144 Filed for 5,000-Share Sale via Merrill on 09/03/2025

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Kingstone Companies, Inc. (KINS) submitted a Form 144 notice for a proposed sale of common stock. The filing lists a broker as Merrill (225 Liberty Street, New York, NY) and shows an intended sale of 5,000 shares of common stock on or about 09/03/2025 with an aggregate market value of $80,000, and 14,140,604 shares outstanding. The securities being offered were acquired largely through stock grants from Kingstone Companies, Inc. on dates in 2020 and 2022, with specific grant amounts of 112, 1,913, 667 and 1,208 shares identified. The filer states there were no securities sold in the past three months and signs the standard representation regarding material nonpublic information.

Positive

  • Filer provided clear transaction details including broker name, number of shares (5,000), aggregate value ($80,000), and approximate sale date (09/03/2025).
  • Acquisition provenance disclosed with acquisition dates and amounts showing the shares originated from company stock grants in 2020 and 2022.
  • No sales in past three months is explicitly reported.

Negative

  • None.

Insights

TL;DR: Routine Form 144 disclosing a proposed small sale of common stock via Merrill with acquisition via company stock grants.

The filing documents a planned disposition of 5,000 common shares through Merrill with an indicated aggregate market value of $80,000 and identifies the acquisition dates and amounts as company stock grants in 2020 and 2022. The notice states no sales in the prior three months and includes the required representation about material nonpublic information. For investors, this is a disclosure of an insider/affiliate intent to sell rather than operational or financial performance information.

TL;DR: Form 144 filing is a procedural disclosure consistent with Rule 144 sale requirements; it contains acquisition provenance for the shares to be sold.

The document lists the origin of the shares as stock grants from the issuer with acquisition dates and quantities, meeting Rule 144 disclosure expectations. It names the broker and an approximate sale date. The filing includes the signer’s attestation regarding knowledge of material adverse information. This is a compliance-focused disclosure rather than a corporate governance change or event.

144: Filer Information

144: Issuer Information

144: Securities Information



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


* 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

144: Remarks and Signature

FAQ

What does Kingstone Companies' (KINS) Form 144 disclose?

The form discloses a proposed sale of 5,000 common shares through Merrill on or about 09/03/2025 with an aggregate market value of $80,000.

Who is the broker handling the proposed sale in the KINS Form 144?

The broker listed is Merrill, 225 Liberty Street, New York, NY 10281.

How were the shares to be sold acquired according to the filing?

The shares were acquired as stock grants from Kingstone Companies, Inc., with listed grant dates in 2020 and 2022.

Does the filing report any sales of the issuer's securities in the past three months?

No. The filing explicitly states "Nothing to Report" for securities sold during the past three months.

How many shares outstanding does the filing list?

The filing lists 14,140,604 shares outstanding.
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