Form 4: Kingstone Companies Director Barry Goldstein Reports Tax-Related Stock Disposal
SEC Form 4 Filing
Barry Goldstein, a director and COB of Kingstone Companies, Inc., reported the disposal of shares to cover withholding taxes on vested stock grants.
Summary
- On September 10, 2024, Barry Goldstein, a Director and COB of Kingstone Companies, Inc. (KINS), reported a transaction involving common stock.
- Goldstein disposed of shares to cover withholding taxes associated with vested stock grants.
- Specifically, 106,687 shares were disposed of at a price of $8.93 per share.
- Following the transaction, Goldstein directly owns 830,612 shares of common stock.
- Goldstein also indirectly owns 15,000 shares through a Retirement Trust and 73,168 shares held by a spouse.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the filing relates to a routine transaction for tax purposes and doesn't indicate a significant change in the executive's holdings or outlook.
Industry Context
This filing is a routine disclosure related to executive compensation and tax obligations. It doesn't necessarily reflect a change in the executive's confidence in the company.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine disposal of shares for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 09/10/2024 | Date of transaction: Disposal of shares to cover withholding taxes. |
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