Form 4: Kinsale Capital Group Executive Mark J. Beachy Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Mark J. Beachy, EVP and Chief Claims Officer of Kinsale Capital Group, reports acquisition and disposal of common stock related to restricted share vesting and tax obligations.
Summary
- On March 1, 2025, Mark J. Beachy, EVP and Chief Claims Officer of Kinsale Capital Group, acquired 1,736 shares of common stock due to the vesting of restricted shares under the company's 2016 Omnibus Incentive Plan.
- On the same day, 751 shares were withheld to satisfy tax obligations arising from the vesting of these restricted shares at a price of $431.85.
- Following these transactions, Beachy directly owns 7,649 shares of Kinsale Capital Group common stock.
Sentiment
Score: 5
Explanation: This is a neutral report on stock transactions related to executive compensation. It doesn't indicate positive or negative sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Key Dates
| Date | Description |
|---|---|
| 03/01/2025 | Date of transaction: acquisition of 1,736 restricted shares and disposal of 751 shares for tax obligations. |
| 03/01/2025 | Grant date of restricted shares, vesting in equal installments over four years. |
| 03/03/2025 | Date of signature by attorney-in-fact. |
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