Stilwell Joseph sold KFS
September 16, 2025 · Form 4 insider transaction
Stilwell Joseph sold 11,941 shares of Kingsway Financial Services Inc at $14.40 per share, a transaction worth $172.0K. The trade was recorded as open-market sale and disclosed on an SEC Form 4, filed 2 days after the transaction.
Footnotes
This Form 4 reports the following sales on September 16, 2025: (a) Stilwell Activist Investments, L.P. ("SAI") sold 11,941 shares at $14.4000; (b) Stilwell Activist Fund, L.P. ("SAF") sold 2,106 shares at $14.4000; and (c) Stilwell Value Partners VII, L.P. ("SVP VII") sold 5,953 shares at $14.4000. This Form 4 also reports the following sales on September 17, 2025: (a) SAI sold 28,657 shares at $14.4700; (b) SAF sold 5,055 shares at $14.4700; and (c) SVP VII sold 14,288 shares at $14.4700.; These are shares owned directly by SAI and indirectly by Joseph Stilwell in his capacity as the managing member and owner of Stilwell Value LLC ("Value"), which is the general partner of SAI. Joseph Stilwell disclaims beneficial ownership of all shares reported as owned indirectly except to the extent of his pecuniary interest therein.