Kingsway CEO surrenders shares for tax withholding
Kingsway Corp President and CEO John Taylor Maloney reported a tax-related share disposition.
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Rhea-AI Filing Summary
Kingsway Corp President and CEO John Taylor Maloney reported a tax-related share disposition. On June 15, 2026, he surrendered 30,233 shares of Kingsway common stock at $10.12 per share to cover tax withholding obligations triggered by the vesting of restricted stock.
After this tax-withholding transaction, he directly holds 1,425,641 common shares, which include 300,000 restricted shares granted on March 31, 2021. He also reports indirect ownership of common stock through several family trusts, reflecting additional indirect exposure to Kingsway shares.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 30,233 | $10.12 | $306K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (2)
- F1. Reflects shares of the Issuer's common stock surrendered by the Reporting Person to satisfy tax withholding obligations upon the vesting of shares granted under a restricted stock agreement.
- F2. Includes 300,000 shares of restricted stock granted on March 31, 2021.
Key Figures
Key Terms
tax withholding obligations financial
restricted stock financial
indirect ownership financial
Form 4 regulatory
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Kingsway Corp (KWY) report on June 15, 2026?
Was the Kingsway Corp (KWY) CEO’s June 2026 Form 4 an open-market sale?
What do the family trusts in the Kingsway Corp (KWY) Form 4 represent?
What restricted stock grant is referenced in the Kingsway Corp (KWY) Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.