Fitzgerald John Taylor Maloney 4
4 · KINGSWAY Corp · Filed Jun 15, 2026
Research Summary
AI-generated summary of this filing
KINGSWAY (KWY) CEO John Maloney Buys 240 Shares
What Happened
Fitzgerald John Taylor Maloney (President & CEO, Director) acquired 240 shares of KINGSWAY Corporation common stock on 2026-06-15. The purchase price was $10.43 per share, for a total purchase value of approximately $2,503. This was a purchase (code P), which is typically interpreted as a routine employee/insider buy rather than a sale.
Key Details
- Transaction date and price: 2026-06-15, 240 shares at $10.43 each.
- Total value: ~$2,503.
- Acquisition method: Shares were acquired under the Kingsway America Inc. Employee Share Purchase Plan (ESPP); the plan administrator purchases shares on the open market (see footnote F1).
- Ownership disclosure: The filing’s footnote (F2) notes inclusion of 400,000 shares of restricted stock granted March 31, 2021; the filing excerpt provided does not state the total shares owned following this transaction.
- Timeliness: Report filed on 2026-06-15 for a transaction on 2026-06-15 (filed same day).
Context
The shares were obtained through the company’s ESPP, which allows eligible employees to contribute up to 5% of adjusted salary and receive a 100% company match after 12 months; purchases are made by the plan administrator on the open market. Employee purchases under ESPPs are common and reflect participation in company benefit programs rather than a direct, discretionary open-market buy by the executive.
Insider Transaction Report
- Purchase
Common Stock
[F1][F2]2026-06-15$10.43/sh+240$2,503→ 1,455,874 total
- 29,100(indirect: By Trust)
Common Stock
- 29,100(indirect: By Trust)
Common Stock
- 29,100(indirect: By Trust)
Common Stock
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 Corporation The shares are acquired by the administrator of the ESPP on the open market through the services of a duly registered stockbroker.
- [F2]Includes 400,000 shares of restricted stock granted on March 31, 2021.