Kingsway CFO Kent Hansen buys $1,558 in company stock

Kingsway Corp CFO Kent Hansen purchased 160 shares of the company's common stock for a total of $1,558 on October 16, 2026, according to wire material. This transaction was facilitated through the Kingsway America Inc. Employee Share Purchase Plan (ESPP), which allows eligible employees to contribute up to 5% of their adjusted salary with a 100% matching contribution from the company for those with 12 months of service.

The purchase occurred as Kingsway stock has declined 29% year-to-date, currently priced at $9.59 with a market cap of $281 million. Despite this decline, the company's price-to-book ratio remains high at 21.63, and it continues to operate at a loss with earnings per share at -$0.30 over the last twelve months. Following the purchase, Hansen's direct ownership of Kingsway common stock increased to 136,832 shares, including previously granted restricted stock.

The company reported robust financials in its Q2 2026 results, with revenue up 27.6% to $39.4 million, adjusted EBITDA tripling to $5.2 million, and transitioning to a net income of $200,000 following a $3.2 million loss in the same period last year. Kingsway's KSX segment led with a record $4.3 million in adjusted EBITDA, driven by contributions from Ravix and SPI.

Management remains optimistic about potential acquisitions and organic growth in the latter half of the year, indicating continued progress under CEO J.T. Fitzgerald's leadership.