NIGRO STEVEN HAROLD 4

What Happened

• Steven Nigro, a director of Kestrel Group Ltd (KG), received an award of 5,718 restricted common shares on June 10, 2026. The shares were granted at an acquisition price of $0.00 (reported value $0) under the company's 2025 Equity Incentive Plan. This was a compensation grant (award), not an open-market purchase or sale.

Key Details

• Transaction date: June 10, 2026; Filing date (Form 4): June 12, 2026.
• Transaction type/code: Award/Grant (A).
• Shares awarded: 5,718; reported acquisition price: $0.00; reported cash value: $0.
• Vesting: These restricted shares vest 100% on the first anniversary of the grant (June 10, 2027) (see footnote).
• Shares owned after the transaction: Not specified in the provided filing excerpt.
• No 10b5-1 plan, tax withholding, or cashless exercise noted in the filing excerpt.

Context

• Restricted share awards are common director compensation intended to align interests with shareholders; they do not represent an open-market investment by the insider. Because the award vests in one year, the economic interest is contingent on continued service through the vesting date. This filing appears to have been submitted within the standard two-business-day Form 4 reporting window.