Russell Frederick L. Jr. 4

What Happened

Russell Frederick L. Jr., a director of Kinsale Capital Group (KNSL), exercised 4,000 stock options (strike $16.00) on February 26, 2026, paying $64,000 total. The filing shows he then sold 4,000 common shares in an open-market transaction the same day for a weighted-average price of $379.50, generating approximately $1,518,000 in proceeds. The filing also records a derivative disposition (4,000 at $0), which reflects the cancellation/surrender of the option instrument upon exercise.

Key Details

• Transaction date: 2026-02-26; Form 4 filed 2026-03-02 (within the required two business days).
• Exercise: 4,000 shares acquired at $16.00 each — cost $64,000.
• Sale: 4,000 shares sold at a weighted-average price of $379.50 — proceeds ≈ $1,518,000.
• Sale prices actually ranged from $379.40 to $380.17 (weighted average reported; reporting person will provide trade-level prices on request) — Footnote F1.
• Options were granted July 27, 2016 under the 2016 Omnibus Incentive Plan and are fully vested — Footnotes F3, F4.
• Trust disclosure: Mr. Russell is trustee of The Frederick L. Russell, Jr. Revocable Trust and disclaims beneficial ownership of trust-held shares where he has no pecuniary interest — Footnote F2.
• Shares owned after the transactions: not specified in the provided filing details.

Context

This was an option exercise immediately followed by an open-market sale (a common "cashless" pattern to realize value and cover exercise cost/taxes). The sequence — exercise then sale — is routine and not, by itself, an indication of company outlook. The filing appears timely.