Douglas Levine - 14 Feb 2025 Form 4 Insider Report for KINGSWAY FINANCIAL SERVICES INC (KFS)

Reporting relationship: Director
Issuer ticker: KFS
Reported as of: 14 Feb 2025
Net transaction value: +$968,900
SEC form: 4
Accepted by SEC: 14 Feb 2025, 16:15:16 UTC
Prior SEC filing: 18 Feb 2025
Next SEC filing: 12 May 2025
Source filing: View source filing
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 14 Feb 2025.

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: 14 Feb 2025, 16:15.

Change

Previous filing in this sequence was filed on 18 Feb 2025.
Current net transaction value: +$968,900.

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

Reported derivative securities

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

KFS transaction Derivative

Class C Preferred Stock

Award

Transaction value: $968,900
Shares: +38,756
Change %
Price: $25.00
Shares after: 38,756
Date: 14 Feb 2025
Ownership: By Trust
Underlying class: Common Stock
Underlying amount: 101,990
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 C 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 C Preferred Stock, subject to customary adjustments. All outstanding shares of Class C Preferred Stock shall be redeemed by the Company on February 12, 2032.