STILWELL JOSEPH sold 10.3% of their position (68K shares) of KINGSWAY CORP on the open market

Open‑market sale worth $982.6K — a moderate reduction. Review remaining holdings and any 10b5‑1 plan disclosures.

S · 6 sales

STILWELL JOSEPH

Filed: 9/18/2025ACC: 0001104659-25-091309

InsiderSTILWELL JOSEPHCIK 1113303

→

IssuerKINGSWAY CORPCIK 1072627

Director10% Owner

Since Sep 2018

-68K

Net shares

Net seller

$982.6K

Total sold

Open market trades

0B · 6S

Total transactions

68K disposed

Non-Derivative Transactions6

Common Stock

Indirect

S · Sale

−11.94K

Price / share

$14.40

Trade value

$171.95K

% of position

0.3%

9/16/2025

3.59M→3.58M

Common Stock

Indirect

S · Sale

−2.11K

Price / share

$14.40

Trade value

$30.33K

% of position

0.5%

9/16/2025

464.34K→462.24K

Common Stock

Indirect

S · Sale

−5.95K

Price / share

$14.40

Trade value

$85.72K

% of position

1.0%

9/16/2025

610.65K→604.70K

Common Stock

Indirect

S · Sale

−28.66K

Price / share

$14.47

Trade value

$414.67K

% of position

0.8%

9/17/2025

3.58M→3.55M

Common Stock

Indirect

S · Sale

−5.05K

Price / share

$14.47

Trade value

$73.15K

% of position

1.1%

9/17/2025

462.24K→457.18K

Common Stock

Indirect

S · Sale

−14.29K

Price / share

$14.47

Trade value

$206.75K

% of position

2.4%

9/17/2025

604.70K→590.41K

Total

Net shares

−68K

Net value

-$982.56K

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock Indirect	9/16/2025	S · Sale	−11.94K	$14.40	$171.95K	0.3%	3.59M	3.58M
Common Stock Indirect	9/16/2025	S · Sale	−2.11K	$14.40	$30.33K	0.5%	464.34K	462.24K
Common Stock Indirect	9/16/2025	S · Sale	−5.95K	$14.40	$85.72K	1.0%	610.65K	604.70K
Common Stock Indirect	9/17/2025	S · Sale	−28.66K	$14.47	$414.67K	0.8%	3.58M	3.55M
Common Stock Indirect	9/17/2025	S · Sale	−5.05K	$14.47	$73.15K	1.1%	462.24K	457.18K
Common Stock Indirect	9/17/2025	S · Sale	−14.29K	$14.47	$206.75K	2.4%	604.70K	590.41K
Total			−68K		-$982.56K

Derivative Transactions0

No derivative transactions reported

Non-Derivative Holdings (Post-Transaction)2

Common Stock

Direct

Shares owned162.50K

Common Stock

Indirect

Shares owned701.90K

Total

162.50K direct·701.90K indirect864.40K

Security Title	Shares Owned	Ownership Type
Common Stock	162.50K	Direct
Common Stock	701.90K	Indirect
Total	864.40K	162.50K direct·701.90K indirect

Derivative Holdings (Post-Transaction)3

Class C Preferred Stock

Indirect

Underlying security

Common Stock

Underlying shares

16.84K

Shares owned

6.40K

Exercise price

9.5

Expiration

—

Exercise window

—

Class D Preferred Stock

Indirect

Underlying security

Common Stock

Underlying shares

52.63K

Shares owned

20K

Exercise price

9.5

Expiration

—

Exercise window

—

Class C Preferred Stock

Indirect

Underlying security

Common Stock

Underlying shares

88.42K

Shares owned

33.60K

Exercise price

9.5

Expiration

—

Exercise window

—

Total

Underlying

157.89K

Owned

60K

Security	Underlying	Exercise Price	Exercise Window	Expiration	Underlying Shares	Shares Owned
Class C Preferred Stock Indirect	Common Stock	9.5	—	—	16.84K	6.40K
Class D Preferred Stock Indirect	Common Stock	9.5	—	—	52.63K	20K
Class C Preferred Stock Indirect	Common Stock	9.5	—	—	88.42K	33.60K
Total					157.89K	60K