Form 4: Kinsale Capital Group Director James Joseph Ritchie Gifts Shares to Spouse
SEC Form 4 Filing
Director James Joseph Ritchie of Kinsale Capital Group, Inc. reports gifting 800 shares of common stock to his spouse on May 20, 2024.
Summary
- On May 20, 2024, James Joseph Ritchie, a director of Kinsale Capital Group, Inc., gifted 800 shares of common stock to his spouse.
- The transaction involved a transfer of ownership, with Mr. Ritchie's direct holdings decreasing by 800 shares and his spouse's indirect holdings increasing by the same amount.
- Following the transaction, Mr. Ritchie directly owns 9,643 shares, and his spouse indirectly owns 800 shares.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing regarding a gift of shares, indicating a neutral sentiment.
Industry Context
This is a routine disclosure of a transaction by a company insider and doesn't necessarily reflect broader industry trends.
Related Party Transactions
- The gifting of shares to Mr. Ritchie's spouse constitutes a related party transaction.
Stakeholder Impact
- The transaction has minimal impact on stakeholders as it is a transfer of shares between related parties and does not affect the company's operations or financial position.
Key Dates
| Date | Description |
|---|---|
| 05/20/2024 | Date of the transaction (gifting of shares) |
| 05/22/2024 | Date of signature by attorney-in-fact |
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