[Form 4] Kingstone Companies, Inc. Insider Trading Activity
Minlei Chen, Chief Actuary and Senior VP of Kingstone Companies (KINS), reported significant equity transactions on June 18, 2025.
Rhea-AI Filing Summary
Minlei Chen, Chief Actuary and Senior VP of Kingstone Companies (KINS), reported significant equity transactions on June 18, 2025. The insider received 10,000 shares of common stock through a restricted stock grant at $0 per share, bringing their total beneficial ownership to 29,340 shares.
The filing details vesting schedules for restricted stock grants:
- 3,645 shares vest on March 3, 2026
- 3,333 shares vest on June 18, 2026
- 3,645 shares vest on March 3, 2027
- 3,333 shares vest on June 18, 2027
Additionally, Chen holds stock options for 10,000 shares at an exercise price of $2.25, vesting in three tranches: 3,334 shares on January 5, 2025, and 3,333 shares each on January 5, 2026, and 2027. This compensation structure aligns with long-term retention and performance incentives.
Positive
- Chief Actuary and Senior VP received 10,000 shares of restricted stock grant, demonstrating long-term alignment with shareholder interests through 4-year vesting schedule
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 10,000 | $0.00 | $0.00 |
| holding | Stock Option | -- | -- | -- |
Footnotes (3)
- F1. Shares received pursuant to restricted stock grant.
- F2. Includes 13,956 shares received pursuant to unvested restricted stock grant. Such shares vest to the extent of 3,645 shares on March 3, 2026, 3,333 shares on June 18, 2026, 3,645 shares on March 3, 2027 and 3,333 shares on June 18, 2027.
- F3. The option vests and becomes exercisable to the extent of 3,334 shares on January 5, 2025 and 3,333 shares on each of January 5, 2026 and January 5, 2027.
FAQ
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What is the vesting schedule for KINS Chief Actuary's restricted stock grant?
What stock options does Minlei Chen hold in KINS and what is their exercise price?
AI-generated analysis. How Rhea-AI works. Not financial advice.