Allibhai Salmaan K. 4

What Happened

• Allibhai Salmaan K., Chief Analytics & Tech Officer at Kinsale Capital Group (KNSL), exercised stock options and sold shares on May 26, 2026. He exercised 600 shares at an exercise price of $16.00 (cost $9,600) and completed an open-market sale of 250 shares at $311.17 each, generating $77,793. The filing also shows a derivative disposition of 600 shares at $0.00 (see notes below).

Key Details

• Transaction date: 2026-05-26; filing date: 2026-05-27 (timely filing).
• Transactions reported:
  • M (option exercise): 600 shares @ $16.00 — acquired; total cash paid $9,600.
  • S (open-market sale): 250 shares @ $311.17 — disposed; total proceeds $77,793.
  • M (derivative disposition): 600 shares @ $0.00 — disposed; reported value $0.
• Shares owned after transaction: not specified in the provided filing data.
• Footnotes: F1 — options were granted July 27, 2016 under the company's 2016 Omnibus Incentive Plan. F2 — the options are fully vested.
• Transaction codes: M = option exercise/conversion; S = sale.
• Filing timeliness: filed the next day (no late filing flag reported).

Context

• The combination of an option exercise and an immediate sale can indicate a cashless or partially cashless exercise: the filing’s 600-share disposition at $0.00 commonly reflects shares withheld or surrendered to cover taxes or exercise costs, though the filing itself does not spell out the precise mechanism.
• Insider sales are routine and can reflect liquidity needs, tax obligations, or portfolio rebalancing; they do not by themselves indicate management’s view of the company’s prospects. Purchases generally carry more direct bullish inference than sales.