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

Kent A. Hansen, Chief Financial Officer and Executive Vice President of KINGSWAY Corp (NASDAQ:KWY), acquired $1,558 worth of the company’s common stock on October 16, 2026.

Mr. Hansen purchased 160 shares of Kingsway common stock at a price of $9.74 per share. These shares were acquired through the Kingsway America Inc. Employee Share Purchase Plan (ESPP). Under the ESPP, eligible employees can contribute up to 5% of their adjusted salary, and the company provides a 100% matching contribution for employees with 12 months of service. The plan administrator then uses these contributions to purchase shares on the open market.The purchase comes as Kingsway stock has declined 29% year-to-date, trading at $9.59 with a market cap of $281 million. The company currently trades at a price-to-book ratio of 21.63 and remains unprofitable with earnings per share of -$0.30 over the last twelve months.

Following this transaction, Mr. Hansen directly beneficially owns 136,832 shares of Kingsway common stock. This total includes 6,909 shares of restricted stock granted on December 4, 2024, and an additional 14,568 shares of restricted stock granted on March 17, 2026.For deeper insights into Kingsway’s financial health and valuation, InvestingPro offers access to over 10 additional ProTips and comprehensive Pro Research Reports covering 1,400+ US equities.

In other recent news, Kingsway Corporation reported a robust second quarter for 2026, with revenue increasing by 27.6% from the previous year to $39.4 million. The company’s adjusted EBITDA more than tripled to $5.2 million, marking a significant improvement. Kingsway also transitioned to a net income of $200,000, compared to a $3.2 million loss in the same period last year. The KSX segment was a notable contributor, posting a record $4.3 million in adjusted EBITDA, supported by contributions from Ravix and SPI. Additionally, the company achieved a quarterly record of $7.2 million in portfolio EBITDA. Management expressed optimism about potential acquisitions and organic growth in the latter half of the year. These developments highlight Kingsway’s continued progress under CEO J.T. Fitzgerald’s leadership.