Kinsale Capital details CIO retirement terms
Kinsale Capital Group reported that Executive Vice President and Chief Information Officer Diane Schnupp has retired effective April 29, 2026.
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Form Type
8-K
Rhea-AI Filing Summary
Kinsale Capital Group reported that Executive Vice President and Chief Information Officer Diane Schnupp has retired effective April 29, 2026. In connection with her retirement, the company and Ms. Schnupp entered into a severance and release agreement.
Under this agreement, she will receive payments of $20,833.33 per pay period from April 30, 2026 to July 31, 2026, then $1,041.67 per pay period from August 15, 2026 to March 1, 2028. Her existing equity awards will continue to vest through March 2, 2028. The full agreement will be filed with the company’s Form 10‑Q for the quarter ended June 30, 2026.
8-K Event Classification
2 items: 5.02, 9.01
2 items
Item 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, or exhibit attachments filed with this report.
Key Figures
Initial per-period severance payment: $20,833.33 per pay period
Subsequent per-period payment: $1,041.67 per pay period
Equity vesting end date: March 2, 2028
+1 more
4 metrics
Initial per-period severance payment
$20,833.33 per pay period
From April 30, 2026 to July 31, 2026 under Retirement Agreement
Subsequent per-period payment
$1,041.67 per pay period
From August 15, 2026 to March 1, 2028 under Retirement Agreement
Equity vesting end date
March 2, 2028
Equity awards continue to vest until this date
Form type
Form 8-K
Item 5.02 executive officer retirement and compensation disclosure
Key Terms
severance agreement and general release of claims, equity awards, Inline XBRL, emerging growth company
4 terms
severance agreement and general release of claims financial
"the Company entered into a severance agreement and general release of claims (the “Retirement Agreement”)"
equity awards financial
"Pursuant to the Retirement Agreement, Ms. Schnupp’s equity awards will continue to vest until March 2, 2028."
Equity awards are payments to employees or directors made in the form of company stock or rights to buy stock later, serving as a way to share ownership rather than cash. For investors, they matter because they align staff incentives with company performance, can increase the number of shares outstanding over time (which can reduce each share’s claim on profits), and create compensation costs that affect reported earnings.
Inline XBRL technical
"Cover Page Interactive Data File - the cover page XBRL tags are embedded within the Inline XBRL document"
Inline XBRL is a file format for financial filings that embeds machine-readable data tags directly inside the human-readable report, so the same document can be read by people and parsed by software. For investors it makes extracting, comparing and verifying financial numbers faster and more reliable—like a grocery list where each item also has a barcode—reducing manual errors and speeding up analysis.
emerging growth company regulatory
"Emerging growth company"
An emerging growth company is a recently public or smaller public firm that qualifies for temporary, lighter regulatory and disclosure rules to reduce the cost and effort of being public. For investors, it means the company may provide less historical financial detail and face fewer reporting requirements than larger firms, so it can grow more quickly but also carries higher uncertainty—like buying a promising early-stage product with fewer user reviews.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What executive change did Kinsale Capital Group (KNSL) disclose?
Kinsale Capital Group disclosed that Executive Vice President and Chief Information Officer Diane Schnupp retired effective April 29, 2026. The company entered into a severance and general release agreement with her in connection with this retirement, outlining cash payments and continued equity vesting through March 2, 2028.
What severance payments will Diane Schnupp receive from Kinsale Capital (KNSL)?
Diane Schnupp will receive $20,833.33 per pay period from April 30, 2026 to July 31, 2026. She will then receive $1,041.67 per pay period from August 15, 2026 to March 1, 2028, as provided under her retirement and severance agreement with the company.
How are Diane Schnupp’s equity awards treated after her retirement from KNSL?
Under the retirement agreement, Diane Schnupp’s equity awards will continue to vest until March 2, 2028. This means that, despite retiring as Executive Vice President and CIO, her previously granted equity awards will follow an extended vesting schedule instead of stopping at her retirement date.
When will Kinsale Capital (KNSL) file the full retirement agreement for Diane Schnupp?
Kinsale Capital plans to file the full text of Diane Schnupp’s Retirement Agreement as an exhibit to its Quarterly Report on Form 10‑Q for the quarter ended June 30, 2026. Investors can review detailed terms once that report is filed with regulators.
Does the Kinsale Capital 8-K include any new financial results or earnings data?
The 8-K focuses on executive retirement and compensation arrangements for Diane Schnupp and does not present earnings figures. Apart from an Inline XBRL cover page tag exhibit, it does not describe revenue, net income, or other operating performance metrics in this disclosure.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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