Fitzgerald John Taylor Maloney 4

What Happened

• John Fitzgerald Maloney, President, CEO and Director of Kingsway Financial Services Inc. (KFS), acquired 202 shares on 2026-02-27 in an open-market purchase at $12.34 per share, totaling roughly $2,493. The transaction is reported as a purchase (code P).

Key Details

• Transaction date and price: 2026-02-27 — 202 shares at $12.34 each.
• Total value: approximately $2,493.
• Shares owned after transaction: not specified in the filing excerpt.
• Footnote F1: Shares were acquired under the Kingsway America Inc. Employee Share Purchase Plan (ESPP). Eligible employee contributions (up to 5% of adjusted salary) and a 100% company match (after 12 months' service) are used to buy shares; purchases are made on the open market by the plan administrator through a broker.
• Footnote F2: Reporting includes 400,000 shares of restricted stock granted on March 31, 2021 (as part of the beneficial ownership disclosure).
• Filing date: 2026-03-02. The Form 4 was filed promptly following the Feb 27 transaction (filed within the required reporting window).

Context

• This was an ESPP-facilitated open-market purchase (not a direct issuance), a routine employee purchase rather than a large, strategic buy. Such purchases are informative but small in dollar size here (~$2.5k).