Kinsale director sells 4,000 shares after option exercise
Kinsale Capital Group director Frederick L. Russell Jr. exercised options for 4,000 shares of common stock at $16.00 per share and the same day sold 4,000 shares in an open-market transaction at a weighted average price of $379.50 per share.
Rhea-AI Filing Summary
Kinsale Capital Group director Frederick L. Russell Jr. exercised options for 4,000 shares of common stock at $16.00 per share and the same day sold 4,000 shares in an open-market transaction at a weighted average price of $379.50 per share. After these transactions, he directly holds 460 common shares and indirectly reports 23,566 shares as trustee of The Frederick L. Russell, Jr Revocable Trust, while disclaiming beneficial ownership to the extent he has no pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Options (right to buy) | 4,000 | $0.00 | $0.00 |
| Exercise | Common Stock, par value $0.01 per share | 4,000 | $16.00 | $64K |
| Sale | Common Stock, par value $0.01 per share | 4,000 | $379.50 | $1.52M |
| holding | Common Stock, par value $0.01 per share | -- | -- | -- |
Footnotes (4)
- F1. The shares were purchased in multiple transactions at actual purchase prices ranging from $379.40 to $380.17 per share. The price reported reflects the weighted average purchase price for the transactions. The reporting person undertakes to provide upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares purchased at each separate price.
- F2. Mr. Russell is a trustee of The Frederick L. Russell, Jr Revocable Trust. Mr. Russell disclaims beneficial ownership of any shares of common stock held by The Frederick L. Russell, Jr Revocable Trust with respect to which Mr. Russell does not have a pecuniary interest therein.
- F3. Granted on July 27, 2016 under the Kinsale Capital Group, Inc. 2016 Omnibus Incentive Plan.
- F4. The options are fully vested.
FAQ
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What insider transactions did Kinsale Capital (KNSL) director Frederick L. Russell Jr. report?
What options did Frederick L. Russell Jr. exercise in this KNSL Form 4 filing?
What do the Form 4 footnotes say about Kinsale Capital (KNSL) trade pricing?
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