Kingsway Corp (KWY) CEO makes small ESPP share purchase
Rhea-AI Filing Summary
Kingsway Corp President and CEO Fitzgerald John Taylor Maloney acquired 256 common shares on 2026-07-15 at $9.76 per share through the company’s Employee Share Purchase Plan, bringing his direct holdings to 1,426,136 shares, including 300,000 shares of restricted stock. He also reports indirect ownership of 29,100 shares in each of three family trusts.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 256 shares ($2,499)
Net Buy
4 txns
Insider
Fitzgerald John Taylor Maloney
Role
President and CEO
Bought
256 shs ($2K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 256 | $9.76 | $2K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 1,426,136 shares (Direct);
Common Stock — 29,100 shares (Indirect, Trust-GEF)
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 300,000 shares of restricted stock granted on March 31, 2021.
Key Figures
Shares Purchased: 256 shares
Purchase Price: $9.76 per share
Direct Holdings After: 1,426,136 shares
+4 more
7 metrics
Shares Purchased
256 shares
Common Stock acquired on 2026-07-15 in open-market ESPP transaction
Purchase Price
$9.76 per share
Price paid for the 256 common shares under the ESPP
Direct Holdings After
1,426,136 shares
Total direct Kingsway Corp common shares held by CEO after transaction
Restricted Stock Included
300,000 shares
Portion of direct holdings consisting of restricted stock granted March 31, 2021
Trust Holdings Per Trust
29,100 shares
Indirect common stock holdings reported in each of Trust-MPF, Trust-LTF, and Trust-GEF
ESPP Salary Contribution Limit
5% of adjusted salary
Maximum employee contribution rate under the Kingsway America Inc. ESPP
ESPP Company Match
100% of employee contribution
Company matching contribution level under the ESPP
Key Terms
Employee Share Purchase Plan, restricted stock, indirect ownership
3 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.
indirect ownership financial
"indirect ownership of 29,100 shares in each of three family trusts"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Kingsway Corp (KWY) report for its CEO?
Kingsway Corp’s President and CEO Fitzgerald John Taylor Maloney acquired 256 common shares on 2026-07-15 at $9.76 per share. The purchase was made through the company’s Employee Share Purchase Plan rather than a discretionary open-market trade.
What indirect Kingsway Corp (KWY) holdings does the CEO report in this Form 4?
In addition to direct holdings, the CEO reports indirect ownership of 29,100 Kingsway Corp common shares in each of three family trusts labeled Trust-MPF, Trust-LTF, and Trust-GEF. These entries reflect trust-held positions rather than personally registered shares.