Hansen Kent A 4
4 · KINGSWAY FINANCIAL SERVICES INC · Filed Mar 31, 2026
Research Summary
AI-generated summary of this filing
Kingsway Financial (KFS) CFO Kent A. Hansen Buys 153 Shares
What Happened
Kent A. Hansen, Chief Financial Officer and Executive Vice President of Kingsway Financial Services Inc. (KFS), acquired 153 shares of KFS common stock on March 30, 2026 at $10.22 per share for a total of approximately $1,564. The purchase is reported as transaction code "P" (purchase) and was completed through the company’s Employee Share Purchase Plan (ESPP).
Key Details
- Transaction date and price: 2026-03-30 — 153 shares at $10.22 each (total ~$1,564).
- Transaction type: P = purchase (shares were acquired via the ESPP; administrator buys on the open market).
- Shares owned after transaction: total beneficial ownership after this specific purchase is not stated in the extract; filing footnote notes restricted stock holdings from 2024 grants (7,102 and 13,818 shares — total 20,920 shares referenced).
- Relevant footnote(s): F1 — Shares acquired under the Kingsway America Inc. ESPP; employees may contribute up to 5% of salary and, after 12 months of employment, Kingsway matches 100% of contributions; ESPP purchases are made on the open market by the plan administrator. F2 — notes the restricted stock grants cited above.
- Filing timeliness: Period of report 2026-03-30, filed 2026-03-31 — appears timely.
Context
Purchases reported under an ESPP are routine employee benefit transactions; they represent a direct buy of company stock (often viewed as a modestly bullish action because the insider is adding shares). This filing does not show option exercises, gifts, or sales that would change liquidity immediately — it documents an open-market acquisition executed by the ESPP administrator.
Insider Transaction Report
- Purchase
Common Stock
[F1][F2]2026-03-30$10.22/sh+153$1,564→ 120,260 total
Footnotes (2)
- [F1]The shares of Common Stock were acquired pursuant to the Kingsway America Inc. Employee Share Purchase Plan, as amended and restated effective May 29, 2014 (the "ESPP"). Pursuant to the ESPP, eligible employees may contribute an amount up to 5% of adjusted salary for each regular payroll period and, to the extent such employee has been employed by Kingsway America Inc. and its subsidiaries for 12 months, the company will make a matching contribution equal to 100% of such employee's contribution. The employee contributions and company contributions are used to purchase, as soon as administratively practicable after the date of such contributions, shares of Kingsway Financial Services Inc. The shares are acquired by the administrator of the ESPP on the open market through the services of a duly registered stockbroker.
- [F2]Includes 7,102 shares of restricted stock granted on March 26, 2024 and 13,818 shares of restricted stock granted on December 4, 2024.