Form 4: Kinsale Capital Group CEO Michael Kehoe Reports Stock Transaction
SEC Form 4 Filing
Michael Kehoe, Chairman and CEO of Kinsale Capital Group, reports a transaction involving the withholding of shares to cover tax obligations.
Summary
- On June 1, 2024, Michael P. Kehoe, Chairman and CEO of Kinsale Capital Group, Inc. (KNSL), reported a transaction.
- 562 shares of common stock were disposed of to satisfy tax obligations arising from the vesting of restricted shares at a price of $383.62.
- Following the transaction, Kehoe directly owns 303,410 shares and indirectly owns 588,738 shares through M.P. Kehoe, LLC.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing a standard stock transaction for tax purposes, indicating a neutral sentiment.
Industry Context
Form 4 filings are standard practice for reporting transactions by company insiders, providing transparency to investors.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine disposal of shares to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 06/01/2024 | Date of stock transaction (disposal of shares for tax obligations). |
| 06/04/2024 | Date of signature by attorney-in-fact, Amanda E. Viol. |
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