4Filed Aug 17, 8:00 PM ET

KINGSWAY (KWY) CFO Kent Hansen Buys 158 Shares

$KWY · KINGSWAY Corp

Research Summary

AI-generated summary of this SEC filing

Updated

KINGSWAY (KWY) CFO Kent Hansen Buys 158 Shares

What Happened

  • Kent A. Hansen, Chief Financial Officer and Executive Vice President of KINGSWAY Corporation (KWY), purchased 158 shares of common stock on August 17, 2026 at $9.87 per share for a total cash outlay of $1,559. The shares were acquired under the company’s Employee Share Purchase Plan (ESPP).

Key Details

  • Transaction date and price: 2026-08-17 — 158 shares at $9.87 each (total ~$1,559).
  • Transaction type: P = Purchase (acquired via ESPP; administrator purchases shares on the open market through a broker).
  • Shares owned after transaction: total beneficial ownership not fully specified in the provided data; note that reported holdings include 21,477 restricted shares (6,909 granted Dec 4, 2024, and 14,568 granted Mar 17, 2026) per footnote F2.
  • Footnote F1: ESPP allows eligible employees to contribute up to 5% of adjusted salary; after 12 months the company matches 100% of the employee’s contribution. Employee and company contributions are used to buy shares, and the ESPP administrator acquires those shares on the open market.
  • Filing timeliness: Report lists the transaction date as 2026-08-17 and was filed 2026-08-18, indicating a timely Form 4 filing.

Context

  • This was a straight purchase via the company ESPP (not an option exercise or award). Purchases by insiders may be interpreted by some investors as a positive signal, but this single, small ESPP buy is routine for employee participation and should be considered alongside other insider activity and company fundamentals.