Hansen Kent A 4

What Happened Kent A. Hansen, CFO and EVP of Kingsway Financial Services Inc. (KFS), purchased 143 shares of KFS common stock on April 30, 2026 at $10.93 per share for a total of $1,563. This was a purchase (code P) made under the company’s Employee Share Purchase Plan (ESPP), which is generally viewed as a routine employee purchase rather than a sale.

Key Details

• Transaction date and price: 2026-04-30 — 143 shares at $10.93 each (total $1,563).
• How shares were acquired: Pursuant to the Kingsway America Inc. ESPP; shares are bought on the open market by the plan administrator through a broker (see footnote F1).
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Related holdings disclosed: Filing notes 6,909 restricted shares granted Dec 4, 2024 and 14,568 restricted shares granted Mar 17, 2026 (footnote F2).
• Filing timing: Report filed 2026-05-04 covering the 2026-04-30 transaction; no late-filing flag was indicated in the provided data.

Context This was an ESPP purchase — employee contributions (and company matching) are used to buy shares, and the administrator executes purchases on the open market. Such purchases are generally routine compensation-related transactions and do not, by themselves, indicate management’s market view.