Kehoe Michael P 4
4 · Kinsale Capital Group, Inc. · Filed May 6, 2026
Research Summary
AI-generated summary of this filing
Kinsale (KNSL) CEO Michael Kehoe Exercises Options, Sells Shares
What Happened
- Michael P. Kehoe, Chairman, President and CEO of Kinsale Capital Group (KNSL), exercised 22,576 stock options on May 5, 2026 at $16.00 per share (total exercise cost $361,216). The same day he sold 22,576 shares in multiple open-market transactions, generating gross proceeds of about $6,832,839. The transactions were reported on a Form 4 filed May 6, 2026.
- These were sales (not purchases); the exercise followed by immediate market sales is commonly a cashless or sell-to-cover type transaction rather than an outright buy for a long-term stake.
Key Details
- Transaction date: May 5, 2026; Form 4 filed May 6, 2026 (timely).
- Options exercised: 22,576 shares at $16.00 each (total $361,216).
- Shares sold: 22,576 shares in multiple blocks at weighted average prices shown per block; gross proceeds ≈ $6,832,839.
- Per-footnotes, the sales were made under a Rule 10b5-1 trading plan adopted May 22, 2025 (F1). The options were fully vested (F10) and granted July 27, 2016 under the company’s omnibus plan (F9).
- Several footnotes break out the actual sale price ranges for each block (roughly $300.23 to $306.08 across transactions). The filing includes a derivative-disposition line at $0 reflecting settlement of the exercised options.
- Shares owned after the transaction are not specified in the excerpt of the filing provided here; see the full Form 4 for current beneficial ownership and any LLC holdings disclosure (F8).
Context
- For retail investors: exercising vested options and immediately selling the resulting shares is typically a liquidity or tax-management action by an insider and does not by itself indicate a change in company outlook. The presence of a 10b5-1 plan means the sales were pre-arranged under an approved trading program.
Insider Transaction Report
Form 4
Kehoe Michael P
DirectorChairman President and CEO
Transactions
- Exercise/Conversion
Common Stock, par value $0.01 per share
2026-05-05$16.00/sh+22,576$361,216→ 330,624 total - Sale
Common Stock, par value $0.01 per share
[F1][F2]2026-05-05$300.76/sh−1,720$517,307→ 328,904 total - Sale
Common Stock, par value $0.01 per share
[F1][F3]2026-05-05$301.88/sh−5,357$1,617,171→ 323,547 total - Sale
Common Stock, par value $0.01 per share
[F1][F4]2026-05-05$302.79/sh−9,673$2,928,888→ 313,874 total - Sale
Common Stock, par value $0.01 per share
[F1][F5]2026-05-05$303.53/sh−5,028$1,526,149→ 308,846 total - Sale
Common Stock, par value $0.01 per share
[F1][F6]2026-05-05$304.63/sh−638$194,354→ 308,208 total - Sale
Common Stock, par value $0.01 per share
[F1][F7]2026-05-05$306.06/sh−160$48,970→ 308,048 total - Exercise/Conversion
Options (right to buy)
[F9][F10]2026-05-05−22,576→ 0 totalExercise: $16.00Exp: 2026-07-27→ Common Stock, par value $0.01 per share (22,576 underlying)
Holdings
- 585,738(indirect: By LLC)
Common Stock, par value $0.01 per share
[F8]
Footnotes (10)
- [F1]The sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 22, 2025.
- [F10]The options are fully vested.
- [F2]The shares were sold in multiple transactions at actual sale prices ranging from $300.23 to $301.21 per share. The price reported reflects the weighted average sale price for the transactions. The reporting person undertakes to provide upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
- [F3]The shares were sold in multiple transactions at actual sale prices ranging from $301.25 to $302.24 per share. The price reported reflects the weighted average sale price for the transactions. The reporting person undertakes to provide upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
- [F4]The shares were sold in multiple transactions at actual sale prices ranging from $302.25 to $303.24 per share. The price reported reflects the weighted average sale price for the transactions. The reporting person undertakes to provide upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
- [F5]The shares were sold in multiple transactions at actual sale prices ranging from $303.25 to $304.20 per share. The price reported reflects the weighted average sale price for the transactions. The reporting person undertakes to provide upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
- [F6]The shares were sold in multiple transactions at actual sale prices ranging from $304.27 to $305.00 per share. The price reported reflects the weighted average sale price for the transactions. The reporting person undertakes to provide upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
- [F7]The shares were sold in multiple transactions at actual sale prices ranging from $306.05 to $306.08 per share. The price reported reflects the weighted average sale price for the transactions. The reporting person undertakes to provide upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
- [F8]The reporting person is the managing member of M.P. Kehoe, LLC (the "LLC"). The reporting person disclaims beneficial ownership of shares of Common Stock held by the LLC except to the extent of his pecuniary interest therein.
- [F9]Granted on July 27, 2016 under the Kinsale Capital Group, Inc. 2016 Omnibus Incentive Plan.
Signature
Amanda E. Viol, as attorney-in-fact|2026-05-06