Kinsale officer sells shares, exercises options
Kinsale Capital Group executive Salmaan K. Allibhai, Chief Analytics & Tech Officer, reported combined stock and option transactions in the company’s common stock.
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Rhea-AI Filing Summary
Kinsale Capital Group executive Salmaan K. Allibhai, Chief Analytics & Tech Officer, reported combined stock and option transactions in the company’s common stock. He sold 250 shares in an open-market sale at an average price of $311.17 per share and exercised stock options to acquire 600 shares at an exercise price of $16.00 per share. Following these transactions, he holds 3,645 shares of common stock directly. The exercised options, covering 600 underlying shares, were granted on July 27, 2016 under the Kinsale Capital Group, Inc. 2016 Omnibus Incentive Plan and are described as fully vested, with an option expiration date of July 27, 2026.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Options (right to buy) | 600 | $0.00 | $0.00 |
| Exercise | Common Stock, par value $0.01 per share | 600 | $16.00 | $10K |
| Sale | Common Stock, par value $0.01 per share | 250 | $311.17 | $78K |
Footnotes (2)
- F1. Granted on July 27, 2016 under the Kinsale Capital Group, Inc. 2016 Omnibus Incentive Plan.
- F2. The options are fully vested.
Key Figures
Key Terms
open-market sale financial
derivative exercise/conversion financial
Options (right to buy) financial
2016 Omnibus Incentive Plan financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did KNSL executive Salmaan K. Allibhai report?
What stock options did Salmaan K. Allibhai exercise in KNSL?
What is the role of Salmaan K. Allibhai at Kinsale Capital Group (KNSL)?
When do the exercised KNSL stock options held by Salmaan K. Allibhai expire?
AI-generated analysis. How Rhea-AI works. Not financial advice.