Form 4: Kinsale Capital Group EVP, CFO and Treasurer Bryan P. Petrucelli Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Bryan P. Petrucelli, EVP, CFO, and Treasurer of Kinsale Capital Group, Inc., reports acquisition and disposal of common stock due to restricted share vesting and tax obligations.
Summary
- On March 1, 2025, Bryan P. Petrucelli, EVP, CFO, and Treasurer of Kinsale Capital Group, Inc., acquired 2,315 shares of common stock through the vesting of restricted shares granted under the 2016 Omnibus Incentive Plan.
- On the same day, 937 shares were disposed of to satisfy tax obligations related to the vesting of these restricted shares at a price of $431.85.
- Following these transactions, Petrucelli directly owns 62,924 shares of Kinsale Capital Group, Inc.
- The restricted shares vest in equal installments over four years from the grant date.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions by an executive, with no inherent positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency regarding the transactions of company insiders.
Stakeholder Impact
- The filing provides transparency to shareholders regarding executive stock ownership.
- The transactions have a minimal impact on the company's overall financial position.
Key Dates
| Date | Description |
|---|---|
| 03/01/2025 | Grant date of restricted shares and transaction date for acquisition and disposal of shares. |
| 03/03/2025 | Date of signature for the report. |
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