Michael P. Kehoe - 04 Jun 2024 Form 4 Insider Report for Kinsale Capital Group, Inc. (KNSL)

Signature
Amanda E. Viol, as attorney-in-fact
Issuer symbol
KNSL
Transactions as of
04 Jun 2024
Net transactions value
-$2,617,359
Form type
4
Filing time
05 Jun 2024, 16:09:41 UTC
Previous filing
04 Jun 2024
Next filing
29 Aug 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KNSL Common Stock, par value $0.01 per share Options Exercise $48,000 +3,000 +0.99% $16.00* 306,410 04 Jun 2024 Direct
transaction KNSL Common Stock, par value $0.01 per share Sale $721,259 -1,898 -0.62% $380.01 304,512 04 Jun 2024 Direct F1, F2
transaction KNSL Common Stock, par value $0.01 per share Sale $508,969 -1,337 -0.44% $380.68 303,175 04 Jun 2024 Direct F1, F3
transaction KNSL Common Stock, par value $0.01 per share Sale $122,856 -322 -0.11% $381.54 302,853 04 Jun 2024 Direct F1, F4
transaction KNSL Common Stock, par value $0.01 per share Sale $116,131 -303 -0.1% $383.27 302,550 04 Jun 2024 Direct F1, F5
transaction KNSL Common Stock, par value $0.01 per share Sale $31,899 -83 -0.03% $384.33 302,467 04 Jun 2024 Direct F1, F6
transaction KNSL Common Stock, par value $0.01 per share Sale $21,949 -57 -0.02% $385.07 302,410 04 Jun 2024 Direct F1
transaction KNSL Common Stock, par value $0.01 per share Sale $541,134 -1,424 -0.24% $380.01 587,314 04 Jun 2024 As managing member of M.P. Kehoe, LLC F2, F7, F8
transaction KNSL Common Stock, par value $0.01 per share Sale $381,822 -1,003 -0.17% $380.68 586,311 04 Jun 2024 As managing member of M.P. Kehoe, LLC F3, F7, F8
transaction KNSL Common Stock, par value $0.01 per share Sale $91,951 -241 -0.04% $381.54 586,070 04 Jun 2024 As managing member of M.P. Kehoe, LLC F4, F7, F8
transaction KNSL Common Stock, par value $0.01 per share Sale $87,002 -227 -0.04% $383.27 585,843 04 Jun 2024 As managing member of M.P. Kehoe, LLC F5, F7, F8
transaction KNSL Common Stock, par value $0.01 per share Sale $23,828 -62 -0.01% $384.33 585,781 04 Jun 2024 As managing member of M.P. Kehoe, LLC F6, F7, F8
transaction KNSL Common Stock, par value $0.01 per share Sale $16,558 -43 -0.01% $385.07 585,738 04 Jun 2024 As managing member of M.P. Kehoe, LLC F7, F8

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction KNSL Options (right to buy) Options Exercise $0 -3,000 -9.8% $0.000000 27,576 04 Jun 2024 Common Stock, par value $0.01 per share 3,000 $16.00 Direct F9, F10
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 22, 2023.
F2 The shares were sold in multiple transactions at actual sale prices ranging from $379.33 to $380.32 per share. The price reported reflects the weighted average sale price for the transactions. The reporting person undertakes to provide upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
F3 The shares were sold in multiple transactions at actual sale prices ranging from $380.33 to $381.32 per share. The price reported reflects the weighted average sale price for the transactions. The reporting person undertakes to provide upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
F4 The shares were sold in multiple transactions at actual sale prices ranging from $381.38 to $381.78 per share. The price reported reflects the weighted average sale price for the transactions. The reporting person undertakes to provide upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
F5 The shares were sold in multiple transactions at actual sale prices ranging from $382.80 to $383.75 per share. The price reported reflects the weighted average sale price for the transactions. The reporting person undertakes to provide upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
F6 The shares were sold in multiple transactions at actual sale prices ranging from $384.02 to $384.68 per share. The price reported reflects the weighted average sale price for the transactions. The reporting person undertakes to provide upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
F7 The sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person with respect to M.P. Kehoe, LLC on May 22, 2023.
F8 The reporting person is the managing member of M.P. Kehoe, LLC (the "LLC"). The reporting person disclaims beneficial ownership of shares of Common Stock held by the LLC except to the extent of his pecuniary interest therein.
F9 Granted on July 27, 2016 under the Kinsale Capital Group, Inc. 2016 Omnibus Incentive Plan.
F10 The options are fully vested.