Hansen Kent A 4

What Happened

• Kent A. Hansen, Chief Financial Officer and EVP of Kingsway Corporation (KWY), acquired 150 shares of common stock on June 15, 2026. The shares were purchased at $10.43 per share for a total cost of $1,565. The transaction is reported as a purchase (transaction code P) and the shares were acquired pursuant to the company's Employee Share Purchase Plan (ESPP).

Key Details

• Transaction date and price: 2026-06-15, 150 shares at $10.43/share.
• Total value: $1,565.
• Transaction type/code: P = Purchase (ESPP acquisition).
• How acquired: Per the filing (F1), shares were obtained under the Kingsway America Inc. ESPP; the plan administrator acquires shares on the open market through a broker using employee and matching contributions.
• Shares owned after transaction: Filing does not list a single total ownership number; footnote F2 notes the insider’s holdings include 6,909 restricted shares granted Dec 4, 2024, and 14,568 restricted shares granted Mar 17, 2026.
• Filing timeliness: Reported for period 2026-06-15; no late filing flag indicated in the provided data.

Context

• ESPP purchases are payroll-funded and involve company matching rules (per F1 the company matches 100% of employee contributions after 12 months); the administrator’s open-market buy is a routine mechanism to satisfy the plan. Such purchases reflect insider acquisition but are compensation/plan-driven rather than direct open-market purchases by the individual.