Kinsale (KNSL) CFO Petrucelli gifts 2,884 shares in family transfer
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Kinsale Capital Group EVP, CFO and Treasurer Bryan P. Petrucelli reported a bona fide gift of 2,884 shares of common stock. The filing shows two gift transfers of 1,442 shares each on May 4, 2026, one from his direct holdings and one attributed to his spouse.
After these gifts, Petrucelli directly holds 63,322 shares of Kinsale Capital Group common stock, and his spouse holds 1,442 shares reported as indirect ownership. The transactions were executed at $0.00 per share, highlighting they were non-market, no‑consideration transfers within the family rather than open‑market sales.
Positive
- None.
Negative
- None.
Insider Trade Summary
2,884 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 | 1,442 | $0.00 | -- |
| Gift | Common Stock, par value $0.01 per share | 1,442 | $0.00 | -- |
Holdings After Transaction:
Common Stock, par value $0.01 per share — 63,322 shares (Direct, null);
Common Stock, par value $0.01 per share — 1,442 shares (Indirect, By spouse)
Footnotes (1)
- [object Object]
Key Figures
Total shares gifted: 2,884 shares
Individual gift size: 1,442 shares
Price per gifted share: $0.00 per share
+2 more
5 metrics
Total shares gifted
2,884 shares
Bona fide gifts of common stock on May 4, 2026
Individual gift size
1,442 shares
Each of two gift transactions on May 4, 2026
Price per gifted share
$0.00 per share
Reported transaction price for both gifts
Direct holdings after gifts
63,322 shares
Common stock directly owned by CFO after transactions
Indirect holdings by spouse
1,442 shares
Common stock reported as indirectly owned through spouse
Key Terms
bona fide gift, indirect ownership, Form 4
3 terms
bona fide gift financial
"transaction_code_description: "Bona fide gift" for both reported transactions"
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
"Shares coded as indirect with nature of ownership listed as "By spouse""
Form 4 regulatory
"Insider filing data identifies this disclosure as a Form 4 report"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What did Kinsale (KNSL) CFO Bryan Petrucelli report in this Form 4?
Bryan P. Petrucelli reported gifting 2,884 Kinsale common shares in two bona fide gift transactions. Each transfer involved 1,442 shares on May 4, 2026, reflecting family transfers rather than open‑market trades, and occurred at a reported price of $0.00 per share.
Does the Kinsale (KNSL) Form 4 show market sales by the CFO?
The Form 4 does not show any market sales by the CFO; it reports bona fide gifts. Both transactions used code “G” for gift and a price of $0.00 per share, indicating non‑market, no‑consideration transfers rather than purchases or sales on a stock exchange.
What does the footnote in the Kinsale (KNSL) Form 4 explain?
The footnote explains that the reported transactions represent a transfer of common stock to Mr. Petrucelli’s spouse. These shares were previously reported as directly owned by him, clarifying that the filing primarily reflects a reclassification of ownership within the household.