Kingstone (KINS) executive exercises options and receives restricted stock grant

Rhea-AI Filing Summary

KINGSTONE COMPANIES, INC. Chief Actuary and Senior VP Minlei Chen reported compensation-related equity transactions. On March 3, 2026, Chen exercised stock options covering 3,333 shares of common stock at $2.25 per share and received a restricted stock grant of 8,624 common shares.

To cover withholding taxes on the vested stock grant, 1,512 shares were withheld, recorded as a tax-withholding disposition rather than an open-market sale. After these transactions, Chen directly owned 39,786 shares of common stock. Footnotes state that this total includes 16,060 unvested restricted shares scheduled to vest in tranches between June 18, 2026 and March 3, 2028.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Chen Minlei

(Last) (First) (Middle)

C/O KINGSTONE COMPANIES, INC.

120 WOOD ROAD

(Street)

KINGSTON NY 12401

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
KINGSTONE COMPANIES, INC. [ KINS ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Actuary and Senior VP

3. Date of Earliest Transaction (Month/Day/Year)
03/03/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)
03/05/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	03/03/2026		A		8,624	A	$0(1)	41,298(2)	D
Common Stock	03/03/2026		F(3)		1,512	D	$16.53	39,786(2)	D
Common Stock	03/03/2026		M		3,333	A	$2.25	43,119(2)	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Option	$2.25	03/03/2026		M			3,333	(4)	01/05/2029	Common Stock	6,666	$0	3,333	D

Explanation of Responses:

1. Shares received pursuant to restricted stock grant.

2. Includes 16,060 shares received pursuant to unvested restricted stock grants. Such shares vest to the extent of 3,333 shares on June 18, 2026, 6,520 shares on March 3, 2027, 3,333 shares on June 18, 2027 and 2,874 shares on March 3, 2028.

3. Shares were withheld from vested stock grant to pay the associated withholding taxes.

4. The option vests and becomes exercisable to the extent of 3,333 shares on each of January 5, 2026 and January 5, 2027.

	/s/ Minlei Chen	03/03/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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FAQ

What insider equity transactions did KINS executive Minlei Chen report?

Minlei Chen reported exercising stock options for 3,333 common shares at $2.25 and receiving a grant of 8,624 restricted shares. The filing also shows shares withheld to pay taxes related to the vesting, all recorded as direct ownership changes.

How many KINGSTONE (KINS) shares does Minlei Chen hold after these transactions?

After the reported transactions, Minlei Chen directly holds 39,786 shares of KINGSTONE common stock. This total includes both vested and unvested restricted shares, as detailed in the footnotes, reflecting the executive’s ongoing equity-based compensation position at the company.

Were any of Minlei Chen’s KINGSTONE (KINS) shares sold on the open market?

The filing shows 1,512 shares recorded as a disposition, but these were withheld to pay tax obligations on vested stock, not sold in the open market. This tax-withholding mechanism settles liabilities without indicating a discretionary market sale.

What stock option activity did KINS executive Minlei Chen report?

Chen exercised stock options labeled as covering 3,333 shares of common stock at an exercise price of $2.25 per share. This exercise converts derivative awards into direct share ownership, aligning with standard equity compensation practices for senior executives at public companies.

What restricted stock grants are included in Minlei Chen’s KINS holdings?

Holdings include 16,060 unvested restricted shares. These are scheduled to vest in tranches of 3,333 shares on June 18, 2026, 6,520 on March 3, 2027, 3,333 on June 18, 2027, and 2,874 on March 3, 2028, subject to continued service conditions.

Is Minlei Chen’s Form 4/A for KINS mainly compensation-related?

Yes. The transactions consist of stock option exercises, a restricted stock grant, and shares withheld for taxes. These are typical components of executive equity compensation, reflecting routine adjustments to Chen’s ownership rather than discretionary buying or selling in the market.