Stilwell Joseph - 18 Dec 2024 Form 4 Insider Report for KINGSWAY FINANCIAL SERVICES INC (KFS)

Signature
/s/ Debra Rouse as Attorney-in-Fact for Joseph Stilwell
Issuer symbol
KFS
Transactions as of
18 Dec 2024
Net transactions value
-$4,973,700
Form type
4
Filing time
20 Dec 2024, 15:21:11 UTC
Previous filing
25 Nov 2024
Next filing
03 Jan 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KFS Common Stock Sale $2,719,383 -322,584 -6.7% $8.43 4,508,341 18 Dec 2024 See footnote F2, F3
transaction KFS Common Stock Sale $357,567 -42,416 -6.7% $8.43 593,743 18 Dec 2024 See footnote F2, F4
transaction KFS Common Stock Sale $1,676,466 -198,869 -4.4% $8.43 4,309,472 19 Dec 2024 See footnote F2, F3
transaction KFS Common Stock Sale $220,284 -26,131 -4.4% $8.43 567,612 19 Dec 2024 See footnote F2, F4
holding KFS Common Stock 162,500 18 Dec 2024 Direct F1
holding KFS Common Stock 918,786 18 Dec 2024 See footnote F5
holding KFS Common Stock 904,657 18 Dec 2024 See footnote F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These are shares owned directly by Joseph Stilwell.
F2 This Form 4 reports the following sales: on December 18, 2024 (a) Stilwell Activist Investments, L.P. ("SAI") sold 322,584 shares at $8.43, and (b) Stilwell Activist Fund, L.P. ("SAF") sold 42,416 shares at $8.43; and on December 19, 2024 (a) SAI sold 198,869 shares at $8.43, and (b) SAF sold 26,131 shares at $8.43.
F3 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.
F4 These are shares owned directly by SAF and indirectly by Joseph Stilwell in his capacity as the managing member and owner of Value, which is the general partner of SAF. Joseph Stilwell disclaims beneficial ownership of all shares reported as owned indirectly except to the extent of his pecuniary interest therein.
F5 These are shares owned directly by Stilwell Value Partners VII, L.P. ("SVP VII") and indirectly by Joseph Stilwell in his capacity as the managing member and owner of Value, which is the general partner of SVP VII. Joseph Stilwell disclaims beneficial ownership of all shares reported as owned indirectly except to the extent of his pecuniary interest therein.
F6 These are shares owned directly by Stilwell Associates, L.P. ("Associates") and indirectly by Joseph Stilwell in his capacity as the managing member and owner of Value, which is the general partner of Associates. Joseph Stilwell disclaims beneficial ownership of all shares reported as owned indirectly except to the extent of his pecuniary interest therein.