Form 4: Kinsale Capital Group Executive Christopher R. Tangard Reports Stock Award and Tax Withholding
SEC Form 4 Filing
Christopher R. Tangard, Chief Accounting Officer of Kinsale Capital Group, reports the acquisition of restricted stock and subsequent disposal of shares to cover tax obligations.
Summary
- On March 1, 2024, Christopher R. Tangard, Chief Accounting Officer of Kinsale Capital Group, Inc., acquired 329 shares of common stock with a value of $0.00, pursuant to the company's 2016 Omnibus Incentive Plan.
- These shares are restricted and will vest in equal installments over four years.
- On the same day, 76 shares were withheld to satisfy tax obligations related to the vesting of restricted shares at a price of $516.18 per share.
- Following these transactions, Tangard directly owns 1,948 shares of Kinsale Capital Group, Inc.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions, indicating a neutral sentiment.
Industry Context
This Form 4 filing is a routine disclosure related to executive compensation and is typical for publicly traded companies.
Stakeholder Impact
- The transaction affects the ownership structure of Kinsale Capital Group, Inc., and is relevant to shareholders.
Key Dates
| Date | Description |
|---|---|
| 03/01/2024 | Date of stock award and tax withholding. |
| 03/05/2024 | Date of signature on the Form 4 filing. |
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