Stilwell Joseph sold KFS
November 6, 2024 · Form 4 insider transaction
Stilwell Joseph sold 8,664 shares of Kingsway Financial Services Inc at $9.55 per share, a transaction worth $82.7K. The trade was recorded as open-market sale under a pre-scheduled Rule 10b5-1 plan and disclosed on an SEC Form 4, filed 2 days after the transaction.
Footnotes
This Form 4 reports the following sales: on November 6, 2024 (a) Stilwell Activist Investments, L.P. ("SAI") sold 8,664 shares at $9.55; and (b) Stilwell Activist Fund, L.P. ("SAF") sold 1,336 shares at $9.55. The reported transactions were effected pursuant to a Rule 10b5-1 trading plan adopted on September 13, 2023.; 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.