KINS Schedule 13G: Fortunoff Investors Report 842k Shares, 6% Ownership

Rhea-AI Filing Summary

Schedule 13G Filing Overview – Kingstone Companies, Inc. (Ticker: KINS)

On 06 June 2025, Gregory Fortunoff and Scott Fortunoff jointly filed a Schedule 13G disclosing passive ownership of Kingstone Companies, Inc. common shares. The filing reflects positions as of the same date and is based on 14,005,797 shares outstanding reported in Kingstone’s 10-Q dated 15 May 2025.

Individual Beneficial Ownership

• Gregory Fortunoff: 611,905 shares beneficially owned comprising 4.4 % of the outstanding class.
  • 535,905 shares under sole voting & dispositive power.
  • 76,000 shares under shared voting & dispositive power.
• Scott Fortunoff: 231,000 shares beneficially owned comprising 1.6 % of the class.
  • 155,000 shares under sole voting & dispositive power.
  • 76,000 shares under shared voting & dispositive power.

Combined Position

Aggregating their disclosed holdings, the Fortunoff family controls 842,905 shares, or roughly 6.0 % of Kingstone’s outstanding common stock. The Schedule 13G, rather than a 13D, signals that the shares are not held for the purpose of influencing control; the certification in Item 10 explicitly states no activist intent.

Filing Mechanics & Classification

• Rule elected: 13d-1(c) passive investor exemption.
• Type of reporting persons: “IN” (Individuals).
• No parent subsidiaries, group members, or control persons identified beyond the two filers.
• Exhibit 99.1 contains the required Joint Filing Agreement.

Implications for Investors

The disclosed stake is below the 5 % threshold for any single filer, limiting immediate governance influence, yet the combined 6 % position represents a meaningful minority holding that may align the Fortunoffs’ interests with other shareholders. No purchase prices, transaction dates, or intentions to alter company strategy are provided, so the filing is primarily informational with low direct impact on Kingstone’s near-term operations or capital structure.

Positive

• Combined beneficial ownership of approximately 6 % of outstanding shares by the Fortunoff family may signal confidence in Kingstone Companies, Inc.

Negative

• None.

Insights

Securities Analyst

TL;DR: Two individual investors now jointly own ~6 % of KINS; passive 13G, no control intent signaled.

The 13G reveals that Gregory and Scott Fortunoff together control 842,905 KINS shares. Gregory’s 4.4 % position is the only stake near the material 5 % threshold; Scott’s 1.6 % is supplementary. Because they filed under Rule 13d-1(c), they certify passive intent and no plans to influence management. Therefore, the disclosure is mostly a transparency event, not a catalyst. The combined stake, however, may provide incremental voting alignment for any future shareholder proposals. Overall market impact should be modest given KINS’s micro-cap size and the absence of strategic commentary.

Corporate Governance Expert

TL;DR: Filing shows minority but >5 % combined stake, yet 13G indicates no activist agenda—governance impact minimal.

From a governance lens, Schedule 13G filings matter when they edge toward influence. Here, each filer remains below 5 %, reducing reporting burdens and signaling only passive ownership. The joint filing agreement avoids being deemed a ‘group’ seeking control, aligning with the passive investor exemption. No special rights, board nomination plans, or control mechanisms are disclosed, and Item 5 confirms ownership of ≤5 % by each reporting person. Consequently, managerial oversight dynamics within Kingstone remain unchanged. Shareholders should view this as routine compliance rather than an activism harbinger.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

Kingstone Companies, Inc.

(Name of Issuer)

Common Stock, $0.01 par value per share

(Title of Class of Securities)

496719105

(CUSIP Number)

06/06/2025

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. 496719105

1

Names of Reporting Persons

Gregory Fortunoff

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

UNITED STATES

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 535,905.00
6	Shared Voting Power 76,000.00
7	Sole Dispositive Power 535,905.00
8	Shared Dispositive Power 76,000.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

611,905.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

4.4 %

12

Type of Reporting Person (See Instructions)

IN

Comment for Type of Reporting Person: The percentages used herein are calculated based upon 14,005,797 shares of common stock outstanding as of May 13, 2025, as reported in the Issuer's Quarterly Report on Form 10-Q for the quarterly period ended March 31, 2025, filed with the Securities and Exchange Commission on May 15, 2025.

SCHEDULE 13G

CUSIP No. 496719105

1

Names of Reporting Persons

Scott Fortunoff

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

UNITED STATES

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 155,000.00
6	Shared Voting Power 76,000.00
7	Sole Dispositive Power 155,000.00
8	Shared Dispositive Power 76,000.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

231,000.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

1.6 %

12

Type of Reporting Person (See Instructions)

IN

Comment for Type of Reporting Person: The percentages used herein are calculated based upon 14,005,797 shares of common stock outstanding as of May 13, 2025, as reported in the Issuer's Quarterly Report on Form 10-Q for the quarterly period ended March 31, 2025, filed with the Securities and Exchange Commission on May 15, 2025.

SCHEDULE 13G

Item 1.
(a)	Name of issuer: Kingstone Companies, Inc.
(b)	Address of issuer's principal executive offices: 120 Wood Road, Kingston, NY 12401
Item 2.
(a)	Name of person filing: This schedule is filed on behalf of Gregory Fortunoff and Scott Fortunoff
(b)	Address or principal business office or, if none, residence: 49 West 37th Street, New York, New York 10018
(c)	Citizenship: United States
(d)	Title of class of securities: Common Stock, $0.01 par value per share
(e)	CUSIP No.: 496719105
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: The information required by Items 4(a) - (c), as of the date hereof, is set forth in Rows 5 - 11 of the cover pages hereto for the Reporting Persons and is incorporated herein by reference.
(b)	Percent of class: The information required by Items 4(a) - (c), as of the date hereof, is set forth in Rows 5 - 11 of the cover pages hereto for the Reporting Persons and is incorporated herein by reference.
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: The information required by Items 4(a) - (c), as of the date hereof, is set forth in Rows 5 - 11 of the cover pages hereto for the Reporting Persons and is incorporated herein by reference.
	(ii) Shared power to vote or to direct the vote: The information required by Items 4(a) - (c), as of the date hereof, is set forth in Rows 5 - 11 of the cover pages hereto for the Reporting Persons and is incorporated herein by reference.
	(iii) Sole power to dispose or to direct the disposition of: The information required by Items 4(a) - (c), as of the date hereof, is set forth in Rows 5 - 11 of the cover pages hereto for the Reporting Persons and is incorporated herein by reference.
	(iv) Shared power to dispose or to direct the disposition of: The information required by Items 4(a) - (c), as of the date hereof, is set forth in Rows 5 - 11 of the cover pages hereto for the Reporting Persons and is incorporated herein by reference.
Item 5.	Ownership of 5 Percent or Less of a Class.
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Gregory Fortunoff

Signature:	/s/ Gregory Fortunoff
Name/Title:	Gregory Fortunoff
Date:	06/25/2025

Scott Fortunoff

Signature:	/s/ Scott Fortunoff
Name/Title:	Scott Fortunoff
Date:	06/25/2025

Exhibit Information

Exhibit 99.1 - Joint Filing Agreement

FAQ

How many Kingstone (KINS) shares does Gregory Fortunoff own?

611,905 shares, representing 4.4 % of KINS outstanding common stock.

What percentage of KINS does Scott Fortunoff hold?

Scott Fortunoff beneficially owns 1.6 %, or 231,000 shares.

Is the Fortunoff stake considered passive or activist?

The Schedule 13G filed under Rule 13d-1(c) certifies a passive investment intent with no control objectives.

What is the total combined ownership disclosed in this 13G filing?

Together the filers control 842,905 shares, about 6.0 % of Kingstone’s common stock.

When was the event date triggering this filing?

The reportable event occurred on 06 June 2025.

How many shares of KINS were outstanding for percentage calculations?

Percentages are based on 14,005,797 shares outstanding as of 13 May 2025.