Newgarden Thomas 4
Research Summary
AI-generated summary
Kingstone (KINS) Director Thomas Newgarden Buys 30,502 Shares
What Happened
Director Thomas Newgarden reported two open-market purchases of Kingstone Companies, Inc. (KINS) stock: 15,301 shares on 2026-05-12 at a weighted-average price of $14.52 (total $222,171) and 15,201 shares on 2026-05-13 at a weighted-average price of $14.36 (total $218,286). Combined, he acquired 30,502 shares for approximately $440,457. These were purchases (transaction code P), which investors often view as a potentially positive signal from an insider.
Key Details
- Transaction dates and prices:
- 2026-05-12 — 15,301 shares @ weighted avg $14.52 (prices in range $13.97–$14.75) — $222,171 (F1)
- 2026-05-13 — 15,201 shares @ weighted avg $14.36 (prices in range $14.15–$14.60) — $218,286 (F3)
- Total shares acquired: 30,502; total consideration ≈ $440,457.
- Shares owned after transaction: not specified in the provided data.
- Notable footnote: ownership figures include 3,149 unvested shares received as director fees that vest on January 2, 2027 (F2).
- Filing timeliness: Report filed 2026-05-13 covering trades on 5/12–5/13; no late-filing indicator provided, so the filing appears timely.
Context: These were straightforward open-market purchases (not option exercises, gifts, or awards). Footnotes show each purchase was executed in multiple trades and the filing reports weighted-average prices; full trade-level price/quantity details can be provided by the reporting person upon request to the SEC, issuer, or a security holder.