Hansen Kent A 4
Research Summary
AI-generated summary
Kingsway Financial (KFS) CFO Kent A. Hansen Buys 128 Shares
What Happened Kent A. Hansen, CFO and Executive Vice President of Kingsway Financial Services Inc. (KFS), purchased 128 shares of common stock on Feb 17, 2026 at $12.19 per share, a reported total of $1,560. The shares were acquired under the company’s Employee Share Purchase Plan (ESPP) via open‑market purchase by the plan administrator. This was a purchase (acquisition) rather than a sale.
Key Details
- Transaction date: 2026-02-17; Price: $12.19 per share; Shares acquired: 128; Reported value: $1,560.
- Transaction type/code: Open market purchase under ESPP (code P).
- Shares owned after transaction: The Form 4 does not state a total post-transaction beneficial ownership. The filing does note 7,102 restricted shares granted on March 26, 2024 and 13,818 restricted shares granted on December 4, 2024 (totaling 20,920 restricted shares).
- Footnote highlights: F1 — shares were bought through the Kingsway America Inc. ESPP (employees may contribute up to 5% of adjusted salary; company matches 100% after 12 months of employment) and the plan administrator purchases shares on the open market. F2 — details the prior restricted stock grants listed above.
- Filing timeliness: Report covers 2026-02-17 and was filed 2026-02-18 — no late filing indicated.
Context ESPP purchases are typically funded by payroll contributions (with a company match per the plan) and are executed by the plan administrator on the open market; they represent routine employee participation in equity compensation rather than an immediate market sentiment signal.