[Form 4] KINGSTONE COMPANIES, INC. Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Kingstone Companies, Inc. Chief Accounting Officer Victor J. Brodsky reported routine equity-related movements in company stock. On April 15, he had 2,453 shares of Common Stock withheld at $16.61 per share to cover withholding taxes on a vested stock grant, a non-market, tax-withholding disposition. After this event, he directly held 62,341 shares, which include 14,055 shares from unvested restricted stock grants scheduled to vest in tranches through 2028. He also reported 15,000 shares held indirectly in an IRA, reflecting a separate long-term position.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
BRODSKY VICTOR J
Role
Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 2,453 | $16.61 | $41K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 62,341 shares (Direct, null);
Common Stock — 15,000 shares (Indirect, IRA)
Footnotes (1)
- Shares were withheld from vested stock grant to pay the associated withholding taxes. Includes 14,055 shares received pursuant to unvested restricted stock grants. Such shares vest to the extent of 2,028 shares on March 3, 2027, 5,000 shares on April 15, 2027, 2,027 shares on March 3, 2028 and 5,000 shares on April 15, 2028.
Key Figures
Tax-withheld shares: 2,453 shares
Tax-withholding price: $16.61 per share
Direct holdings after transaction: 62,341 shares
+4 more
7 metrics
Tax-withheld shares
2,453 shares
Shares withheld to pay withholding taxes on vested stock grant
Tax-withholding price
$16.61 per share
Value used for 2,453 withheld shares
Direct holdings after transaction
62,341 shares
Common Stock directly held following April 15 transaction
Indirect IRA holdings
15,000 shares
Common Stock held indirectly through IRA
Unvested restricted stock included
14,055 shares
Unvested restricted stock grants within direct holdings
2027 vesting tranches
2,028 & 5,000 shares
Restricted stock vesting on March 3, 2027 and April 15, 2027
2028 vesting tranches
2,027 & 5,000 shares
Restricted stock vesting on March 3, 2028 and April 15, 2028
Key Terms
tax-withholding disposition, restricted stock grants, unvested restricted stock, IRA, +1 more
5 terms
tax-withholding disposition financial
"transaction_action is described as a tax-withholding disposition for 2,453 shares"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
restricted stock grants financial
"Includes 14,055 shares received pursuant to unvested restricted stock grants"
unvested restricted stock financial
"14,055 shares received pursuant to unvested restricted stock grants vest over 2027-2028"
IRA financial
"Indirect ownership of 15,000 shares is reported with nature of ownership IRA"
An individual retirement account (IRA) is a savings account designed to help people put aside money for their retirement, often with tax advantages that encourage long-term savings. It matters to investors because it can grow over time, providing financial security later in life, and offers benefits that can reduce current taxes or allow investments to compound more effectively.
withholding taxes financial
"Shares were withheld from vested stock grant to pay the associated withholding taxes"
Withholding taxes are amounts a payer or government takes out of payments — such as wages, interest, or dividends — before the recipient gets the money, functioning like a cashier keeping part of a bill to pay taxes on your behalf. For investors this matters because it reduces the cash they actually receive, affects net returns and yield calculations, and may require additional paperwork or treaty claims to recover or offset the withheld amount against final tax bills.