Hansen Kent A 4
4 · KINGSWAY FINANCIAL SERVICES INC · Filed Mar 16, 2026
Research Summary
AI-generated summary of this filing
Kingsway (KFS) CFO Kent A. Hansen Buys 146 Shares
What Happened Kent A. Hansen, Chief Financial Officer and Executive VP of Kingsway Financial Services Inc. (KFS), acquired 146 shares on March 13, 2026 at $10.71 per share for a total of $1,564. The shares were purchased pursuant to the Kingsway America Inc. Employee Share Purchase Plan (ESPP) and were acquired on the open market by the plan administrator.
Key Details
- Transaction date and price: 2026-03-13, 146 shares at $10.71 each.
- Total value: $1,564.
- Filing date: Form 4 filed 2026-03-16 (no late-file flag noted in the filing).
- Shares owned after transaction: Not explicitly stated in the Form 4. The filing’s footnote lists restricted stock holdings that include 7,102 shares granted 3/26/2024 and 13,818 shares granted 12/4/2024.
- Notable footnotes:
- F1: Purchase made under the ESPP—employees may contribute up to 5% of salary and eligible employees with 12+ months' service receive a 100% company match; the ESPP administrator buys shares on the open market.
- F2: Details of previously granted restricted stock (7,102 and 13,818 shares).
Context This was a small-value purchase (about $1.6K) executed through the company’s ESPP, which is a routine employee benefit arrangement rather than a direct open-market trade by the insider. Purchases under an ESPP can reflect regular participation in the plan; they do not by themselves indicate a change in insider sentiment.
Insider Transaction Report
- Purchase
Common Stock
[F1][F2]2026-03-13$10.71/sh+146$1,564→ 120,107 total
Footnotes (2)
- [F1]The shares of Common Stock were acquired pursuant to the Kingsway America Inc. Employee Share Purchase Plan, as amended and restated effective May 29, 2014 (the "ESPP"). Pursuant to the ESPP, eligible employees may contribute an amount up to 5% of adjusted salary for each regular payroll period and, to the extent such employee has been employed by Kingsway America Inc. and its subsidiaries for 12 months, the company will make a matching contribution equal to 100% of such employee's contribution. The employee contributions and company contributions are used to purchase, as soon as administratively practicable after the date of such contributions, shares of Kingsway Financial Services Inc. The shares are acquired by the administrator of the ESPP on the open market through the services of a duly registered stockbroker.
- [F2]Includes 7,102 shares of restricted stock granted on March 26, 2024 and 13,818 shares of restricted stock granted on December 4, 2024.