Kingsway Corp (KWY) CEO increases stake through share purchase
Rhea-AI Filing Summary
Kingsway Corp President and CEO Fitzgerald John Taylor Maloney purchased 278 shares of Common Stock on July 30, 2026 at $8.98 per share through the company’s Employee Share Purchase Plan. Following this purchase, he directly holds 1,426,414 shares, including 300,000 shares of restricted stock granted March 31, 2021, and also reports indirect holdings of 29,100 shares in each of three trusts.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 278 shares
Net Buy
4 txns
Insider
Fitzgerald John Taylor Maloney
Role
President and CEO
Bought
278 shs ($2K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock F1, F2 | 278 | $8.98 | $2K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 1,426,414 shares (Direct);
Common Stock — 29,100 shares (Indirect, Trust-GEF);
Common Stock — 29,100 shares (Indirect, Trust-LTF);
Common Stock — 29,100 shares (Indirect, Trust-MPF)
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 300,000 shares of restricted stock granted on March 31, 2021.
Key Figures
Shares purchased: 278 shares
Purchase price: $8.98 per share
Direct holdings after purchase: 1,426,414 shares
+2 more
5 metrics
Shares purchased
278 shares
Common Stock purchased on July 30, 2026 under the ESPP
Purchase price
$8.98 per share
Price paid for 278 Common Stock shares on July 30, 2026
Direct holdings after purchase
1,426,414 shares
Common Stock directly owned by the CEO following the July 30, 2026 transaction
Restricted stock included
300,000 shares
Restricted stock granted on March 31, 2021 included in direct holdings
Indirect trust holdings
29,100 shares
Common Stock held indirectly through each of three trusts as of July 30, 2026
Key Terms
Employee Share Purchase Plan, restricted stock, matching contribution, adjusted salary
4 terms
restricted stock financial
"Includes 300,000 shares of restricted stock granted on March 31, 2021."
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 for each regular payroll period"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did Kingsway Corp (KWY) CEO purchase in this Form 4 filing?
CEO Fitzgerald John Taylor Maloney acquired 278 shares of Kingsway Corp Common Stock on July 30, 2026 at $8.98 per share. The shares were obtained through the company’s Employee Share Purchase Plan, which buys stock on the open market via a registered broker.
What indirect Kingsway Corp (KWY) holdings are reported for the CEO?
The filing lists indirect ownership of 29,100 shares of Common Stock held through each of three trusts identified as Trust-GEF, Trust-LTF, and Trust-MPF. These trust positions are reported as indirect holdings separate from the CEO’s direct share ownership.
Was the Kingsway Corp (KWY) CEO’s stock purchase under a Rule 10b5-1 plan?
The Form 4’s Rule 10b5-1 checkbox is not marked as affirming use of a trading plan. The narrative footnotes describe acquisition through the Employee Share Purchase Plan but do not state that a Rule 10b5-1 trading plan governed this specific purchase.