Newgarden Thomas 4

What Happened
Thomas Newgarden, a director of Kingstone Companies, Inc. (KINS), made two open-market purchases: 6,000 shares on 2026-05-28 at $15.50 ($93,000) and 8,000 shares on 2026-05-29 at a weighted average of $14.99 ($119,958), for a total of 14,000 shares and ~$212,958. These were purchases (acquisitions), which are typically viewed as more informative to investors than routine sales.

Key Details

• Transaction dates and prices: 2026-05-28 — 6,000 shares @ $15.50; 2026-05-29 — 8,000 shares @ $14.99 (weighted avg; individual trades ranged $14.97–$15.00 per footnote).
• Total reported value: ~$212,958.
• Shares owned after transaction: Not stated in the filing.
• Footnote F1: Filing notes inclusion of 3,149 unvested shares received as director fees that vest on January 2, 2027 (subject to earlier vesting under certain circumstances).
• Footnote F2: The May 29 purchase was executed in multiple trades; the $14.99 price is a weighted average and the reporting person will provide trade-by-trade details upon request.
• Filing date: 2026-06-01. Form 4s are generally due within two business days of a transaction; depending on timing, the May 28 trade may have been reported after that window.

Context
These were open-market purchases (transaction code P), not option exercises, awards, or gifts. The filing identifies Newgarden as a director; there is no indication in the provided data that he is a >10% owner. Purchases by directors can signal confidence but do not by themselves explain motivation.