Kingsway Corp director Joseph Stilwell's entities have sold approximately $1m in common stock. According to a Form 4 filing with the SEC, Stilwell Associates, L.P., Stilwell Activist Investments, L.P., and Stilwell Value Partners VII, L.P. sold a total of 100,000 shares at $10.00 per share. Stilwell disclaims beneficial ownership of these indirectly held shares except to the extent of his pecuniary interest. The filing also detailed holdings in derivative securities, including Class D and Class C Preferred Stock convertible into common shares.
Recent Financial Performance
Kingsway Corporation reported a 27.6% increase in revenue for the second quarter of 2026, reaching $39.4 million. Adjusted EBITDA more than tripled to $5.2 million, and the company transitioned from a net loss to a net income of $200,000. The KSX segment posted a record $4.3 million in adjusted EBITDA, and the company's portfolio EBITDA reached a quarterly record of $7.2 million.