4/A: Kinsale Capital Group Officer Corrects Previous SEC Filings Regarding Share Transactions
SEC Filing
Christopher R. Tangard, SVP and Chief Accounting Officer of Kinsale Capital Group, files an amended Form 4/A to clarify share transactions and holdings after initial filings contained errors.
Summary
- Christopher R. Tangard, SVP and Chief Accounting Officer of Kinsale Capital Group, filed an amended Form 4/A with the SEC on March 15, 2024, to correct errors in previous filings.
- The original Form 4, filed on March 5, 2024, was submitted inadvertently.
- The corrected filing reflects transactions that occurred on March 1, 2024, when Tangard became subject to Section 16 reporting obligations.
- On March 1, 2024, Tangard acquired 329 shares of common stock at $0.00, representing restricted shares issued under the 2016 Omnibus Incentive Plan, vesting in equal installments over four years.
- Additionally, 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 1,645 shares and indirectly owns 50 shares held in a spouse's IRA.
Sentiment
Score: 7
Explanation: The document is a routine regulatory filing correcting previous errors. It doesn't contain any information that would significantly impact investor sentiment positively or negatively. The correction of errors is a positive sign of compliance.
Industry Context
This filing is a routine disclosure related to changes in beneficial ownership by a company officer, as required by the SEC. It doesn't necessarily reflect broader industry trends but ensures transparency in insider trading activities.
Stakeholder Impact
- The correction of the filing ensures accurate information is available to shareholders and the public.
Key Dates
| Date | Description |
|---|---|
| 03/01/2024 | Date of earliest transaction; restricted shares granted and shares withheld upon vesting; Reporting Person became subject to Section 16 reporting obligations |
| 03/05/2024 | Date of original Form 4 filing (inadvertently filed) |
| 03/15/2024 | Date of amended Form 4/A filing |
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