Hansen Kent A 4

What Happened

Kent A. Hansen, Chief Financial Officer & EVP of Kingsway Financial Services, received a grant of 14,568 restricted shares (transaction code A) on March 17, 2026. The award was recorded at a price of $11.02 per share, for a total grant value of $160,539. This was an equity award (not an open-market purchase or sale) and the shares are restricted — not immediately tradable.

Key Details

• Transaction date: March 17, 2026; filing date (Form 4): April 8, 2026 (filed late vs. the typical 2-business-day requirement).
• Price per share: $11.02; total value of grant: $160,539.
• Shares acquired: 14,568 restricted shares.
• Shares owned after transaction: not specified in the provided filing excerpt.
• Footnotes:
  • F1: Award vests ratably over three years beginning December 1, 2026 (restricted vesting schedule).
  • F2: Filing notes inclusion of prior restricted grants: 7,102 shares (Mar 26, 2024) and 13,818 shares (Dec 4, 2024).
• Transaction code: A = Award/Grant.

Context

Because this is a restricted stock award with a delayed vesting schedule, it does not represent an immediate buy or sale of stock and thus is less directly indicative of near-term trading intent. The filing was submitted later than the standard Form 4 timing rules, which is a reporting matter but does not change the substance of the award.