Form 4: Kinsale Capital Group Executive Reports Tax-Related Stock Transaction
SEC Form 4 Filing
Mark J. Beachy, EVP and Chief Claims Officer of Kinsale Capital Group, reports the withholding of 167 shares to cover tax obligations from vesting restricted shares on October 5, 2024.
Summary
- On October 5, 2024, Mark J. Beachy, the EVP and Chief Claims Officer of Kinsale Capital Group, Inc., had 167 shares of common stock withheld to satisfy tax obligations.
- The shares were withheld at a price of $486.93 per share.
- Following the transaction, Beachy directly owns 6,664 shares of Kinsale Capital Group, Inc.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a routine tax-related stock transaction, indicating a neutral sentiment.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and their potential impact on the stock's price and investor confidence.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it involves a small number of shares withheld for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 10/05/2024 | Date of stock transaction (tax withholding) |
| 10/07/2024 | Date of signature on the report |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.