Kingstone (KINS) CFO Randy Patten Withholds 5,309 Shares for Taxes

What Happened

• Randy L. Patten, Chief Financial Officer, Vice President and Treasurer of Kingstone Companies, had 5,309 shares withheld from a vested stock grant to satisfy withholding tax obligations. The withheld shares were valued at $20.09 each, totaling $106,658, and the transaction is reported as a disposal (transaction code F = tax withholding).

Key Details

• Transaction date: August 25, 2026; Form 4 filed August 26, 2026 (timely).
• Shares withheld/disposed: 5,309 at $20.09 per share — total value ≈ $106,658.
• Transaction code: F (shares withheld to pay taxes on a vested award — cashless withholding).
• Footnote F1: Confirms shares were withheld from a vested stock grant to pay associated withholding taxes.
• Footnote F2: Ownership/award context includes 34,551 shares from unvested restricted stock grants vesting in installments (1,042 on Mar 3, 2027; 10,822 on Aug 25, 2027; 1,042 on Mar 3, 2028; 21,645 on Aug 25, 2028).
• Shares owned after the transaction are not specified in the provided filing excerpt.

Context

• This was a routine tax-withholding transaction tied to a vested equity award (not an open-market sale or purchase). Such "F" code transactions typically reflect payroll/tax processing rather than a deliberate buy/sell signal about the insider's view of the company.