Kingstone (KINS) Form 4: Randy Patten Granted 43,290 Shares with 3-Year Vesting

Rhea-AI Filing Summary

Kingstone Companies, Inc. (KINS) Form 4: Randy L. Patten, serving as CFO, VP and Treasurer and a director, reported an acquisition of 43,290 shares of common stock on 08/25/2025 as a restricted stock grant. The reported price is shown as $0, reflecting that the shares were issued pursuant to a grant rather than a cash purchase.

The filing specifies a vesting schedule: 10,823 shares vest on 08/25/2026, 10,822 shares on 08/25/2027 and 21,645 shares on 08/25/2028. The reporting form is filed by one reporting person and is signed by Randy L. Patten.

Positive

• Insider alignment: CFO granted 43,290 restricted shares, which ties executive compensation to long-term shareholder value
• Clear vesting schedule: Vesting tranches disclosed for 2026, 2027 and 2028, supporting retention incentives

Negative

• None.

Insights

Financial Analyst

TL;DR: Insider received a restricted stock grant of 43,290 shares with multi-year vesting, indicating compensation alignment rather than an outright market purchase.

The grant of 43,290 restricted shares to the CFO is a compensation event that aligns management incentives with shareholders over a three-year vesting period. The report records the issuance at $0, consistent with equity compensation accounting where no cash changed hands. This disclosure does not provide company-wide dilution metrics or percentage ownership post-grant, so the material impact on share count and EPS cannot be assessed from this Form 4 alone. For valuation impact, combine this with outstanding share data from the company's periodic filings.

Corporate Governance Expert

TL;DR: Restricted stock grant with staged vesting reflects standard governance practice to retain and incent senior management.

The staged vesting schedule (2026, 2027, 2028) is a typical governance mechanism to promote retention and align executive performance with long-term objectives. The Form 4 properly discloses the grant, vesting tranches, and the reporting officer's roles. The filing does not indicate any accelerations, liens, or derivative instruments tied to these shares. Without additional context on total outstanding shares or prior grants, the governance significance is limited to confirming routine executive compensation disclosure.

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

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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^*

Patten Randy L

(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)
	CFO, VP and Treasurer

3. Date of Earliest Transaction (Month/Day/Year)
08/25/2025

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

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	08/25/2025		A		43,290	A	$0(1)	43,290(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

Explanation of Responses:

1. Shares received pursuant to restricted stock grant.

2. The shares vest to the extent of 10,823 shares on August 25, 2026, 10,822 shares on August 25, 2027 and 21,645 shares on August 25, 2028.

	/s/ Randy L. Patten	08/25/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did Randy L. Patten report on the Form 4 for KINS?

He reported receipt of 43,290 restricted common shares on 08/25/2025, recorded at $0 as an equity grant.

What is the vesting schedule for the granted shares in the KINS Form 4?

The shares vest in tranches: 10,823 on 08/25/2026, 10,822 on 08/25/2027 and 21,645 on 08/25/2028.

What roles does the reporting person hold at Kingstone Companies (KINS)?

Randy L. Patten is reported as a Director, and an Officer with titles CFO, VP and Treasurer.

Was the Form 4 filed jointly or by one reporting person for KINS?

The Form 4 was filed by one reporting person.

Does the Form 4 indicate any derivative transactions or disposals for KINS?

No. The filing shows a non-derivative acquisition of restricted common stock and contains no derivative transactions or disposals.