Adam Jonathan Patinkin - 07 May 2025 Form 4 Insider Report for KINGSWAY FINANCIAL SERVICES INC (KFS)

Reporting relationship: Director
Issuer ticker: KFS
Reported as of: 07 May 2025
Net transaction value: +$650,000
SEC form: 4
Accepted by SEC: 09 May 2025, 16:15:42 UTC
Prior SEC filing: 08 Apr 2025
Next SEC filing: 18 Dec 2025
Source filing: View source filing
Reporting owner signature: /s/ Debra Rouse, attorney-in-fact for Adam Jonathan Patinkin

Key filing fact

Adam Jonathan Patinkin filed Form 4 for KINGSWAY FINANCIAL SERVICES INC (KFS) on 09 May 2025.

Key facts

This page summarizes Adam Jonathan Patinkin's Form 4 filing for KINGSWAY FINANCIAL SERVICES INC (KFS).
1 reported transaction and 1 derivative row are listed below.
Accepted by SEC: 09 May 2025, 16:15.

Change

Previous filing in this sequence was filed on 08 Apr 2025.
Current net transaction value: +$650,000.

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

Reporting Owners (1)

CIK 0002063594 Primary reporting owner

Patinkin Adam Jonathan

Relationship: Director
Address: 737 N. MICHIGAN AVE., SUITE 1405, CHICAGO
Signature: /s/ Debra Rouse, attorney-in-fact for Adam Jonathan Patinkin
Signature date: 09 May 2025

Reported derivative securities

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

KFS transaction Derivative

Class D Prerred Stock

Award

Transaction value: $650,000
Shares: +26,000
Change %
Price: $25.00
Shares after: 26,000
Date: 07 May 2025
Ownership: David Capital Partners Special Situation Fund, LP
Underlying class: Common Stock
Underlying amount: 68,421
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 D 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 D Preferred Stock, subject to customary adjustments. All outstanding shares of Class D Preferred Stock shall be redeemed by the Company on May 8, 2032.