Kent A. Hansen - Feb 29, 2024 Form 4 Insider Report for KINGSWAY FINANCIAL SERVICES INC (KFS)

Role: CFO & EVP
Signature: /s/ Debra Rouse, attorney-in-fact for Kent A. Hansen
Stock symbol: KFS
Transactions as of: Feb 29, 2024
Transactions value $: $1,559
Form type: 4
Date filed: 3/1/2024, 04:02 PM
Previous filing: Feb 16, 2024
Next filing: Mar 19, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	KFS	Common Stock	Purchase	$1.56K	+176	+0.17%	$8.86	103K	Feb 29, 2024	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The shares of Common Stock were acquired pursuant to the Kingsway America Inc. Employee Share Purchase Plan, as amended and restated effective May 29, 2014 (the "ESPP"). Pursuant to the ESPP, eligible employees may contribute an amount up to 5% of adjusted salary for each regular payroll period and, to the extent such employee has been employed by Kingsway America Inc. and its subsidiaries for 12 months, the company will make a matching contribution equal to 100% of such employee's contribution. The employee contributions and company contributions are used to purchase, as soon as administratively practicable after the date of such contributions, shares of Kingsway Financial Services Inc. The shares are acquired by the administrator of the ESPP on the open market through the services of a duly registered stockbroker.
F2	Includes 10,918 shares of restricted stock granted on December 3, 2021 and 16,740 shares of restricted stock granted on December 15, 2022.

Content

The shares of Common Stock were acquired pursuant to the Kingsway America Inc. Employee Share Purchase Plan, as amended and restated effective May 29, 2014 (the "ESPP"). Pursuant to the ESPP, eligible employees may contribute an amount up to 5% of adjusted salary for each regular payroll period and, to the extent such employee has been employed by Kingsway America Inc. and its subsidiaries for 12 months, the company will make a matching contribution equal to 100% of such employee's contribution. The employee contributions and company contributions are used to purchase, as soon as administratively practicable after the date of such contributions, shares of Kingsway Financial Services Inc. The shares are acquired by the administrator of the ESPP on the open market through the services of a duly registered stockbroker.

Includes 10,918 shares of restricted stock granted on December 3, 2021 and 16,740 shares of restricted stock granted on December 15, 2022.