Kingsway (KWY) CFO adds shares via Employee Share Purchase Plan buy
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Kingsway Corp CFO and EVP Kent A. Hansen reported an open-market purchase of company stock through the Kingsway America Inc. Employee Share Purchase Plan. He acquired 150 shares of common stock at $10.43 per share.
Following this transaction, he directly owns 135,553 shares of Kingsway common stock. These holdings include 6,909 shares of restricted stock granted on December 4, 2024 and 14,568 shares of restricted stock granted on March 17, 2026, as described in the footnotes.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 150 shares ($1,565)
Net Buy
1 txn
Insider
Hansen Kent A
Role
CFO & EVP
Bought
150 shs ($2K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 150 | $10.43 | $2K |
Holdings After Transaction:
Common Stock — 135,553 shares (Direct, null)
Footnotes (1)
- 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. 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: 150 shares
Purchase price: $10.43 per share
Shares owned after transaction: 135,553 shares
+2 more
5 metrics
Shares purchased
150 shares
Open-market purchase on June 15, 2026
Purchase price
$10.43 per share
Employee Share Purchase Plan acquisition
Shares owned after transaction
135,553 shares
Direct Kingsway common stock holdings post-purchase
Restricted stock grant 1
6,909 shares
Restricted stock granted December 4, 2024
Restricted stock grant 2
14,568 shares
Restricted stock granted March 17, 2026
Key Terms
Employee Share Purchase Plan, restricted stock, open market
3 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.
open market financial
"The shares are acquired by the administrator of the ESPP on the open market through the services of a duly registered stockbroker"
An open market is a system where buying and selling of goods, services, or financial assets happen freely without restrictions or special controls. For investors, it means they can trade assets easily and quickly, which helps determine fair prices based on supply and demand. This environment encourages transparency and competition, making it easier to buy or sell with confidence.
FAQ
What insider transaction did Kingsway Corp (KWY) report for Kent A. Hansen?
Kent A. Hansen, Kingsway Corp’s CFO and EVP, reported buying 150 shares of common stock. The shares were acquired as an open-market purchase under the company’s Employee Share Purchase Plan, where eligible employees contribute salary and may receive matching company contributions.
What restricted stock grants are included in Kent A. Hansen’s Kingsway (KWY) holdings?
His reported 135,553-share position includes 6,909 restricted shares granted on December 4, 2024. It also includes 14,568 restricted shares granted on March 17, 2026, according to the footnote describing components of his total common stock holdings.