Kinsale Capital (NYSE: KNSL) CFO gifts 52,216 shares to spouse
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Kinsale Capital Group EVP, CFO and Treasurer Bryan P. Petrucelli reported gifting 52,216 shares of Common Stock on May 21, 2026 in bona fide gift transactions. The filing shows two transfers of 26,108 shares each.
According to the footnote, these transactions represent a transfer of common stock to his spouse that had previously been reported as directly owned by him. After the transactions, reported holdings total 35,457 shares directly and 29,307 shares indirectly through his spouse.
Positive
- None.
Negative
- None.
Insider Trade Summary
52,216 shares gifted
Mixed
2 txns
Insider
Petrucelli Bryan P.
Role
EVP, CFO and Treasurer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock, par value $0.01 per share | 26,108 | $0.00 | -- |
| Gift | Common Stock, par value $0.01 per share | 26,108 | $0.00 | -- |
Holdings After Transaction:
Common Stock, par value $0.01 per share — 35,457 shares (Direct, null);
Common Stock, par value $0.01 per share — 29,307 shares (Indirect, By spouse)
Footnotes (1)
- [object Object]
Key Figures
Total gifted shares: 52,216 shares
Per-transaction gift size: 26,108 shares
Direct holdings after transactions: 35,457 shares
+2 more
5 metrics
Total gifted shares
52,216 shares
Bona fide gifts on May 21, 2026
Per-transaction gift size
26,108 shares
Each of two gift transactions on May 21, 2026
Direct holdings after transactions
35,457 shares
Common Stock directly owned post-transaction
Indirect holdings after transactions
29,307 shares
Common Stock indirectly owned through spouse post-transaction
Transaction price per share
$0.00 per share
Bona fide gift transactions, no sale proceeds
Key Terms
bona fide gift, indirect ownership, Common Stock, par value $0.01 per share, beneficial ownership
4 terms
bona fide gift financial
"transaction_code_description: "Bona fide gift" for the reported transfers"
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
indirect ownership financial
"direct_or_indirect: "I" with nature_of_ownership: "By spouse""
beneficial ownership financial
"footnote notes shares previously reported as directly owned by Mr. Petrucelli"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
FAQ
What insider transaction did Kinsale Capital (KNSL) report for Bryan Petrucelli?
Kinsale Capital reported that EVP, CFO and Treasurer Bryan P. Petrucelli made bona fide gifts totaling 52,216 shares of Common Stock. The transactions occurred on May 21, 2026 and are classified as gifts rather than open-market sales or purchases.
Were the Kinsale Capital (KNSL) insider transactions open-market sales or purchases?
No. The transactions are coded as G, meaning bona fide gifts. The Form 4 describes them as gift transfers of Common Stock, not open-market sales, purchases, option exercises, or tax-withholding dispositions, so no transaction price per share is reported.