Kinsale Capital (NYSE: KNSL) officer discloses stock and option stakes
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Kinsale Capital Group, Inc. executive Salmaan K. Allibhai, Chief Analytics & Tech Officer, filed an initial Form 3 showing his equity position. He reports direct ownership of 3,295 shares of common stock and 600 stock options with a $16.00 exercise price, expiring on July 27, 2026.
The options were granted on July 27, 2016 under the Kinsale Capital Group, Inc. 2016 Omnibus Incentive Plan and are fully vested. This filing records existing holdings and does not show any new purchases or sales.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Allibhai Salmaan K.
Role
Chief Analytics & Tech Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Options (right to buy) | -- | -- | -- |
| holding | Common Stock, par value $0.01 per share | -- | -- | -- |
Holdings After Transaction:
Options (right to buy) — 600 shares (Direct, null);
Common Stock, par value $0.01 per share — 3,295 shares (Direct, null)
Footnotes (1)
- Granted on July 27, 2016 under the Kinsale Capital Group, Inc. 2016 Omnibus Incentive Plan. The options are fully vested.
Key Figures
Direct common shares: 3,295 shares
Stock options count: 600 options
Option exercise price: $16.00 per share
+2 more
5 metrics
Direct common shares
3,295 shares
Directly owned common stock reported on Form 3
Stock options count
600 options
Options to buy common stock reported as derivative holdings
Option exercise price
$16.00 per share
Exercise price for 600 stock options
Option grant date
July 27, 2016
Granted under 2016 Omnibus Incentive Plan
Option expiration date
July 27, 2026
Expiration date of reported stock options
Key Terms
Options (right to buy, exercise price, expiration date, 2016 Omnibus Incentive Plan, +1 more
5 terms
Options (right to buy financial
"security_title": "Options (right to buy)"
exercise price financial
"conversion_or_exercise_price": "16.0000""
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
expiration date financial
"expiration_date": "2026-07-27T00:00:00.000Z""
The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised. It matters to investors because it determines the timeframe during which they can take action or benefit from the contract, similar to how a coupon or a food item has a limited period of usefulness. Once the expiration date passes, the contract loses its value or ability to be used.
2016 Omnibus Incentive Plan financial
"under the Kinsale Capital Group, Inc. 2016 Omnibus Incentive Plan."
fully vested financial
"The options are fully vested."
FAQ
What does the KNSL Form 3 filing by Salmaan K. Allibhai show?
The Form 3 shows Salmaan K. Allibhai’s initial reported holdings in Kinsale Capital Group. He directly holds 3,295 common shares and 600 fully vested stock options at a $16.00 exercise price, documenting his existing equity position as Chief Analytics & Tech Officer.
What stock options are disclosed for the KNSL executive in this Form 3?
The filing reports 600 stock options, each giving the right to buy one Kinsale Capital common share at $16.00. These options are fully vested and are scheduled to expire on July 27, 2026, providing a defined window for potential exercise.
When were the KNSL options granted and when do they expire?
The options were granted on July 27, 2016 under the Kinsale Capital Group, Inc. 2016 Omnibus Incentive Plan. They are fully vested and will expire on July 27, 2026 if not exercised, according to the details disclosed in the Form 3 filing.
Is the KNSL Form 3 filing reporting any recent insider buy or sell activity?
The Form 3 does not report recent buy or sell transactions. It classifies the entries as holdings, listing 3,295 directly owned common shares and 600 stock options, and serves as an initial statement of beneficial ownership rather than a record of new trades.