Form 4: Kingstone Companies Director Thomas Newgarden Acquires 11,000 Shares

Director Thomas Newgarden purchased 11,000 shares of Kingstone Companies, Inc. at a weighted average price of $16.1134 per share.

Summary

• On May 21, 2025, Thomas Newgarden, a director of Kingstone Companies, Inc., acquired 11,000 shares of common stock.
• The purchase was made at a weighted average price of $16.1134 per share, with individual trades ranging from $15.90 to $16.35.
• Following the transaction, Newgarden directly owns 39,215 shares, which includes 3,489 unvested shares received as director fees.
• These unvested shares will vest on January 2, 2026, subject to earlier vesting under certain circumstances.

Sentiment

Score: 6

Explanation: The sentiment is neutral to slightly positive. A director purchasing shares suggests confidence, but the scale of the purchase is not large enough to significantly impact sentiment.

Positives

• A director's purchase of company stock can be seen as a positive signal, indicating confidence in the company's future prospects.

Industry Context

Insider transactions are closely monitored by investors as they can provide insights into management's perspective on the company's valuation and future performance. Purchases are generally viewed more favorably than sales.

Stakeholder Impact

• The purchase could have a slightly positive impact on shareholder sentiment.

Key Dates

Keywords

Kingstone Companies, Director, Share Purchase, Form 4, KINS, Newgarden, Insider Trading