KINS CFO Randy Patten reports stock grant and tax withholding on Form 4
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
KINGSTONE COMPANIES, INC. CFO, VP and Treasurer Randy L. Patten reported equity compensation and related tax withholding transactions in company common stock. He acquired 3,126 shares at no cost through a restricted stock grant, while 435 shares were withheld at $16.53 per share to cover associated tax liabilities, leaving him with 45,981 shares held directly, including 45,374 unvested restricted shares scheduled to vest between August 25, 2026 and August 25, 2028.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Patten Randy L
Role
CFO, VP and Treasurer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 3,126 | $0.00 | -- |
| Tax Withholding | Common Stock | 435 | $16.53 | $7K |
Holdings After Transaction:
Common Stock — 46,416 shares (Direct)
Footnotes (1)
- Shares received pursuant to restricted stock grant. Includes 45,374 shares received pursuant to unvested restricted stock grants. The shares vest to the extent of 10,823 shares on August 25, 2026, 1,042 shares on March 3, 2027, 10,822 shares on August 25, 2027, 1,042 shares on March 3, 2028 and 21,645 shares on August 25, 2028. Shares were withheld from vested stock grant to pay the associated withholding taxes.
FAQ
What insider transactions did KINS CFO Randy Patten report on this Form 4?
Randy L. Patten reported two equity-related transactions in KINGSTONE COMPANIES common stock. He received 3,126 shares via a restricted stock grant and had 435 shares withheld at $16.53 per share to satisfy tax obligations tied to vested stock.
Was the KINS CFO’s Form 4 transaction a stock purchase or sale?
The Form 4 reflects an equity award and tax withholding, not an open-market trade. Patten acquired 3,126 shares through a restricted stock grant and disposed of 435 shares only to cover withholding taxes on vested stock.
What are the vesting dates for Randy Patten’s unvested KINS restricted stock?
Patten’s 45,374 unvested restricted shares vest in stages: 10,823 shares on August 25, 2026; 1,042 on March 3, 2027; 10,822 on August 25, 2027; 1,042 on March 3, 2028; and 21,645 on August 25, 2028.
Does the KINS Form 4 indicate a change in Randy Patten’s ownership type?
The Form 4 shows that Randy Patten’s reported KINGSTONE COMPANIES holdings are direct. Both the restricted stock grant and the tax-withholding disposition are coded as direct ownership, with no indication of indirect entities holding these shares.