Douglas Levine - 24 Sep 2024 Form 4 Insider Report for KINGSWAY FINANCIAL SERVICES INC (KFS)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
26 Sep 2024, 21:51:36 UTC
Prior SEC filing
28 Aug 2023
Next SEC filing
14 Feb 2025
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Debra Rouse, attorney-in-fact for Douglas Levine

Key filing fact

Douglas Levine filed Form 4 for KINGSWAY FINANCIAL SERVICES INC (KFS) on 26 Sep 2024.

Key facts

  • This page summarizes Douglas Levine's Form 4 filing for KINGSWAY FINANCIAL SERVICES INC (KFS).
  • 1 reported transaction and 1 derivative row are listed below.
  • Accepted by SEC: 26 Sep 2024, 21:51.

Change

  • Previous filing in this sequence was filed on 28 Aug 2023.
  • Current net transaction value: +$2,100,000.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing
This filing has been restated. Open the amended filing.

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

KFS holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
1,157,671
Date
24 Sep 2024
Ownership
Direct
KFS holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
90,200
Date
24 Sep 2024
Ownership
By family member
KFS holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
189,102
Date
24 Sep 2024
Ownership
By Trust

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

KFS transaction Derivative

Class B Preferred Stock

Award

Transaction value
$2,100,000
Shares
+84,000
Change %
Price
$25.00
Shares after
84,000
Date
24 Sep 2024
Ownership
By Trust
Underlying class
Common Stock
Underlying amount
221,054
Exercise price
$9.50
Footnotes
F1
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 1 footnote

Footnote F1

The shares of Class B Preferred Stock of Kingsway Financial Services Inc. (the "Company") have a stated value of $25 per share and are convertible at any time into shares of Common Stock, par value $0.01 per share, of the Company (the "Common Stock") at a conversion basis equal to 2.63158 shares of Common Stock for each share of Class B Preferred Stock, subject to customary adjustments. All outstanding shares of Class B Preferred Stock shall be redeemed by the Company on September 24, 2031.

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