Kingsway Corp (KWY) CFO boosts stake with ESPP stock purchase
Rhea-AI Filing Summary
Kent A. Hansen, CFO & EVP of Kingsway Corp, purchased 174 shares of Common Stock at $8.98 per share on July 30, 2026 through the Kingsway America Inc. Employee Share Purchase Plan. Under this ESPP, eligible employees may contribute up to 5% of adjusted salary with a 100% company match after 12 months to buy shares on the open market. Following this purchase, Hansen directly owns 136,037 shares, including 6,909 restricted shares granted on December 4, 2024 and 14,568 restricted shares granted on March 17, 2026.
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Insider Trade Summary
Net Buyer: 174 shares
Net Buy
1 txn
Insider
Hansen Kent A
Role
CFO & EVP
Bought
174 shs ($2K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock F1, F2 | 174 | $8.98 | $2K |
Holdings After Transaction:
Common Stock — 136,037 shares (Direct)
Footnotes (2)
- F1. The shares of Common Stock were acquired pursuant to the Kingsway America Inc. Employee Share Purchase Plan, as amended and restated effective May 29, 2014 (the "ESPP"). Pursuant to the ESPP, eligible employees may contribute an amount up to 5% of adjusted salary for each regular payroll period and, to the extent such employee has been employed by Kingsway America Inc. and its subsidiaries for 12 months, the company will make a matching contribution equal to 100% of such employee's contribution. The employee contributions and company contributions are used to purchase, as soon as administratively practicable after the date of such contributions, shares of Kingsway Corporation The shares are acquired by the administrator of the ESPP on the open market through the services of a duly registered stockbroker.
- F2. Includes 6,909 shares of restricted stock granted on December 4, 2024, and 14,568 shares of restricted stock granted on March 17, 2026.
Key Figures
Shares purchased: 174 shares
Purchase price: $8.98 per share
Post-transaction holdings: 136,037 shares
+4 more
7 metrics
Shares purchased
174 shares
Common Stock bought on July 30, 2026 via ESPP
Purchase price
$8.98 per share
Price paid for 174 Common Stock shares
Post-transaction holdings
136,037 shares
Direct Common Stock ownership after ESPP purchase
Restricted stock grant 2024
6,909 shares
Restricted stock granted on December 4, 2024 included in holdings
Restricted stock grant 2026
14,568 shares
Restricted stock granted on March 17, 2026 included in holdings
ESPP contribution limit
5% of adjusted salary
Maximum employee contribution per payroll period under ESPP
ESPP company match
100% match
Company match of eligible employee contributions after 12 months
Key Terms
Employee Share Purchase Plan, restricted stock, matching contribution, adjusted salary
4 terms
restricted stock financial
"Includes 6,909 shares of restricted stock granted on December 4, 2024"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
matching contribution financial
"the company will make a matching contribution equal to 100% of such employee's contribution"
An employer’s matching contribution is when a company adds money to an employee’s retirement or savings account based on the employee’s own contributions, like a store offering to top up a customer’s purchase to reach a discount threshold. It matters to investors because matching increases a firm’s compensation costs and can improve staff retention and morale, which affect productivity, cash flow and long-term liabilities that influence a company’s financial outlook.
adjusted salary financial
"eligible employees may contribute an amount up to 5% of adjusted salary"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Kingsway Corp (KWY) report in this Form 4?
Kingsway Corp reported that CFO & EVP Kent A. Hansen purchased 174 shares of Common Stock at $8.98 per share on July 30, 2026 through the company’s Employee Share Purchase Plan.
What restricted stock grants for Kent A. Hansen are included in Kingsway Corp (KWY) holdings?
Hansen’s reported holdings include 6,909 restricted shares granted on December 4, 2024 and 14,568 restricted shares granted on March 17, 2026, as part of his total 136,037-share position.