KINGSWAY Corp has 12 Schedule 13D or 13G filings on record since 2025-08-19. 4 holders' latest filing reports 5% or more of common stock. Each figure below is the holder's own, as filed, with the filing linked.
Holders
| Holder | Percent | Shares | Latest | Event date |
|---|---|---|---|---|
| Stilwell Joseph | 12.7% | 3,703,073 | SCHEDULE 13D/A, 2025-12-19 | 2025-12-17 |
| David Capital Partners, LLC | 10.3% | 2,615,421 | SCHEDULE 13D/A, 2026-05-20 | 2026-05-18 |
| Gregory P. Hannon | 8.24% | 2,386,119 | SCHEDULE 13D/A, 2025-12-18 | 2025-12-17 |
| Greenhaven Road Investment Management, L.P. | 6.8% | 1,970,536 | SCHEDULE 13G, 2025-11-06 | 2025-10-30 |
| Capricorn Fund Managers Ltd | 4.9% | 1,410,526 | SCHEDULE 13G/A, 2026-07-13 | 2026-06-30 |
| Palm Management (US) LLC | 1.5% | 404,342 | SCHEDULE 13D/A, 2025-12-18 | 2025-12-17 |
| Mirabella Financial Services LLP | 0% | 0 | SCHEDULE 13G/A, 2026-04-10 | 2026-03-31 |
Purpose of Transaction (Item 4)
Stilwell Joseph
We are filing this Forty-Ninth Amendment to report that members of the Group have sold shares of Common Stock pursuant to the terms of the Option Agreements dated March 31, 2025, as amended each on December 17, 2025, by the Option Agreement Amendments. The Option Agreements and the Option Agreement Amendments are defined and further discussed in Item 6 of this Forty-Ninth Amendment. A copy of the form of an Option Agreement Amendment is attached as Exhibit 18 to this Forty-Ninth Amendment. Our purpose in acquiring shares of Common Stock of the Issuer was to profit from the appreciation in the market price of the shares of Common Stock through asserting shareholder rights. We have succeeded and intend to gradually reduce our position over time. Members of the Group may seek to make additional purchases or sales of shares of Common Stock. Except as described in this filing, no member of the Group has any plans or proposals which relate to, or could result in, any of the matters referred to in paragraphs (a) through (j), inclusive, of Item 4 of Schedule 13D. Members of the Group may, at any time and from time to time, review or reconsider their positions and formulate plans or proposals with respect thereto. Since 2000, members or affiliates of the Group have taken an 'activist position' in 78 other publicly-traded companies. In each instance, our purpose has been to profit from the appreciation in the market price of the shares we held by asserting shareholder rights. In …The first part of Item 4 of the SCHEDULE 13D/A filed 2025-12-19; the filing has the rest
Gregory P. Hannon
Item 4 of this Schedule 13D is hereby supplemented as follows: On December 17, 2025, the option agreement described in Item 6 of this Amendment No. 6 was exercised. Pursuant to such option agreement, Oakmont sold 500,000 Shares to DCP Special (as hereafter defined) at a price of US$8.25 per Share. Except as disclosed in Item 6 of this Amendment No. 6, the Reporting Persons have no current plans or proposals which relate to or would result in any of the events described in Items (a) through (j) of the instructions to Item 4 of Schedule 13D. The information set forth in Item 6 of this Amendment No. 6 is incorporated herein by reference.Item 4 of the SCHEDULE 13D/A filed 2025-12-18
Palm Management (US) LLC
On March 31, 2025, certain purchasers, including Palm Global and Mr. Horowitz, entered into option agreements with Stilwell Value LLC, an affiliate of Mr. Stilwell, to acquire an aggregate of 1,750,000 additional shares of Common Stock, at an exercise price of $8.25 per share, which options were exercisable by each investor (and Palm Global and Mr. Horowitz together) in whole, and not in part, on December 29, 2025 and were set to expire at 5:00 p.m. Eastern Time on December 29, 2025. On December 17, 2025, certain purchasers, including Palm Global and Mr. Horowitz, amended the option agreements to allow for the early exercise of the options. Following the amendment, on December 17, 2025 Palm Global exercised its options and purchased 252,500 shares of Common Stock and Mr. Horowitz exercised his options and purchased 22,500 shares of Common Stock. A copy of the amendment to the option agreement entered into by Palm Global and Mr. Horowitz is attached hereto as Exhibit 99.1. On May 8, 2025, Palm Global entered into a subscription agreement with the Company (the "Class D Subscription Agreement") for the purchase of shares of the Company's Preferred Stock. The shares of the Preferred Stock have a stated value of $25 per share and are convertible into shares of Common Stock at an initial conversion price of $9.50 per share (or 2.6316 shares of Common Stock for each share of Preferred Stock), subject to customary adjustments, at the option of the holder. For additional terms of …The first part of Item 4 of the SCHEDULE 13D/A filed 2025-12-18; the filing has the rest
David Capital Partners, LLC
Mr. Patinkin was appointed as Chairman of the Board of Directors of the Company on March 11, 2026. On May 18, 2026, in connection with his appointment as Chairman, the Company granted to Mr. Patinkin a 10-year option to purchase up to 400,000 shares of Common Stock, which will vest in four equal annual installments beginning on the grant date, or May 18, 2026. The first and second installments have an exercise price of $20.00 per share, while the third and fourth installments have an exercise price of $30.00 per share. In addition, on May 18, 2026, certain employees of David Capital Partners, LLC who provide consulting services to the Company were granted 10-year options to purchase up to 200,000 shares of Common Stock in the aggregate, which have an exercise price of $25.00 per share and vested upon grant. The Reporting Persons acquired the securities reported in this Statement for investment purposes. The Reporting Persons and their affiliates may in the future acquire additional securities or dispose of some or all of the securities held by the Reporting Persons in open-market transactions or privately negotiated transactions, on such terms and at such times as the Reporting Persons may deem advisable. The Reporting Persons may engage in short selling or hedging or similar transactions with respect to the Common Stock, on such terms and at such times as the Reporting Persons may deem advisable, subject to applicable law. The Reporting Persons do not have any present …The first part of Item 4 of the SCHEDULE 13D/A filed 2026-05-20; the filing has the rest
Timeline
| Filed | Holder | Percent | Filing |
|---|---|---|---|
| 2025-08-19 | Stilwell Joseph | 19.9% | SCHEDULE 13D/A |
| 2025-11-06 | Greenhaven Road Investment Management, L.P. | 6.8% | SCHEDULE 13G |
| 2025-12-15 | Stilwell Joseph | 18.8% | SCHEDULE 13D/A |
| 2025-12-18 | Gregory P. Hannon | 8.24% | SCHEDULE 13D/A |
| 2025-12-18 | Palm Management (US) LLC | 1.5% | SCHEDULE 13D/A |
| 2025-12-18 | David Capital Partners, LLC | 9% | SCHEDULE 13D/A |
| 2025-12-19 | Stilwell Joseph | 12.7% | SCHEDULE 13D/A |
| 2026-01-09 | Mirabella Financial Services LLP | 6.85% | SCHEDULE 13G/A |
| 2026-02-05 | Capricorn Fund Managers Ltd | 6.6% | SCHEDULE 13G |
| 2026-04-10 | Mirabella Financial Services LLP | 0% | SCHEDULE 13G/A |
| 2026-05-20 | David Capital Partners, LLC | 10.3% | SCHEDULE 13D/A |
| 2026-07-13 | Capricorn Fund Managers Ltd | 4.9% | SCHEDULE 13G/A |
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Where this comes from
Anyone who comes to own more than 5% of a class of a listed company's voting shares has to tell the SEC. A holder who may seek to change or influence the company files Schedule 13D, and has to say in Item 4, "Purpose of Transaction", what it intends to do. A holder with no such intent, such as many index and passive funds, may file the shorter Schedule 13G. Both are amended when the stake changes, including when it falls below 5%.
Every row here is one of those filings, linked to the filing itself. Percentages and share counts are exactly as the holder filed them, for the holder the filing names; an amendment showing a lower figure is shown as filed. Item 4 text is quoted word for word. Where a 13D's Item 4 contains a sentence stating a definite intent to influence the company, that sentence is marked and quoted; the page does not describe the holder or its motives beyond the words it filed. Nothing here is investment advice.
