Hansen Kent A 4
Research Summary
AI-generated summary
KINGSWAY (KWY) CFO Kent A. Hansen Buys 156 Shares
What Happened
Kent A. Hansen, Chief Financial Officer and Executive Vice President of KINGSWAY Corporation (KWY), acquired 156 shares of KWY common stock on 2026-05-29. The shares were purchased at $10.03 per share for a total cost of approximately $1,564.68 (rounded $1,565). This was a purchase (not a sale), executed under the company’s employee stock purchase plan.
Key Details
- Transaction date and price: 2026-05-29, 156 shares at $10.03 each.
- Total value: ≈ $1,564.68 (reported as $1,565).
- Acquisition method: Purchase under Kingsway America Inc. Employee Share Purchase Plan (ESPP); shares purchased on the open market by the plan administrator through a registered broker (Footnote F1).
- Holdings note: Filing includes prior restricted stock grants totaling 21,477 shares (6,909 shares granted 12/04/2024 and 14,568 shares granted 03/17/2026) (Footnote F2).
- Filing: Form 4 filed 2026-06-01 — appears to be timely (filed within the two-business-day window following the 2026-05-29 transaction).
Context
This purchase was made through an ESPP, which often involves periodic payroll contributions and company matching rather than an ad-hoc open-market buy by the insider. Such plan-driven purchases are common and reflect participation in employee benefit programs; they are not direct evidence of a change in the insider’s market view.