Kingstone (KINS) director sells 13,500 shares under Rule 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Kingstone Companies, Inc. director William L. Yankus sold 13,500 shares of Common Stock at $18.00 per share in an open-market transaction. After this sale, he directly holds 84,972 shares, including 3,149 unvested shares received as director fees. The sale was executed under a pre-arranged Rule 10b5-1 trading plan adopted on September 8, 2025, indicating the trade was scheduled in advance rather than timed discretionarily.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 13,500 shares ($243,000)
Net Sell
1 txn
Insider
Yankus William L
Role
Director
Sold
13,500 shs ($243K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 13,500 | $18.00 | $243K |
Holdings After Transaction:
Common Stock — 84,972 shares (Direct)
Footnotes (1)
- The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 8, 2025. Includes 3,149 unvested shares received as director fees. Such shares vest on January 2, 2027, subject to earlier vesting under certain circumstances.
Key Figures
Shares sold: 13,500 shares
Sale price: $18.00 per share
Shares held after sale: 84,972 shares
+3 more
6 metrics
Shares sold
13,500 shares
Open-market sale of Common Stock on April 16, 2026
Sale price
$18.00 per share
Price for 13,500 shares of Common Stock
Shares held after sale
84,972 shares
Direct holdings of William L. Yankus following transaction
Unvested director fee shares
3,149 shares
Included in post-transaction holdings as unvested awards
Vesting date
January 2, 2027
Scheduled vesting date for 3,149 unvested shares
10b5-1 plan adoption date
September 8, 2025
Date reporting person adopted Rule 10b5-1 trading plan
Key Terms
Rule 10b5-1 trading plan, unvested shares, director fees, open-market sale
4 terms
Rule 10b5-1 trading plan regulatory
"The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted..."
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
director fees financial
"Includes 3,149 unvested shares received as director fees."
open-market sale financial
"transaction_action: "open-market sale" for 13,500 shares of Common Stock"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
FAQ
What insider transaction did KINGSTONE COMPANIES, INC. (KINS) report?
KINGSTONE COMPANIES, INC. reported that director William L. Yankus sold 13,500 shares of Common Stock at $18.00 per share. This was an open-market transaction and was disclosed in a Form 4 insider trading report filed with the SEC.
Was the KINS insider sale made under a Rule 10b5-1 trading plan?
Yes. The sale was effected pursuant to a Rule 10b5-1 trading plan adopted by William L. Yankus on September 8, 2025. Such plans pre-schedule trades, reducing the likelihood that timing reflects short-term views on the stock.
What type of security was involved in the KINS Form 4 transaction?
The transaction involved KINGSTONE COMPANIES, INC. Common Stock. It was a non-derivative open-market sale of 13,500 shares at $18.00 per share, reported as a standard equity transaction rather than an option or other derivative exercise.