Director at Kingstone (NASDAQ: KINS) adds 14,000 shares in open-market buys
Rhea-AI Filing Summary
KINGSTONE COMPANIES director Thomas Newgarden bought 14,000 shares of Common Stock in open-market purchases. He acquired 6,000 shares on May 28, 2026 at $15.50 per share and 8,000 shares on May 29, 2026 at a weighted average price of $14.9947 per share. After these transactions, he directly owns 99,366 shares, including 3,149 unvested shares received as director fees that vest on January 2, 2027, subject to earlier vesting under certain circumstances.
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Insights
Director makes net open-market share purchases, increasing direct equity stake.
Director Thomas Newgarden completed two open-market purchases totaling 14,000 shares of KINGSTONE COMPANIES, INC. common stock at prices between $14.97 and $15.50 per share. These are discretionary buys rather than option exercises or tax-related movements.
Following the trades, his direct holdings rose to 99,366 shares, which includes 3,149 unvested shares granted as director fees vesting on January 2, 2027. With no derivative positions disclosed in this filing, the visible exposure is entirely in common stock. The informational value of these purchases depends on how this position compares to total shares outstanding, which is not shown in the excerpt.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 8,000 | $14.9947 | $120K |
| Purchase | Common Stock | 6,000 | $15.50 | $93K |
Footnotes (1)
- Includes 3,149 unvested shares received as director fees. Such shares vest on January 2, 2027, subject to earlier vesting under certain circumstances. This transaction was executed in multiple trades at prices ranging from $14.97 to $15.00 per share. The price reported above reflects the weighted average purchase price. The reporting person hereby undertakes to provide, upon request to the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares and prices at which the transactions were effected.