secwatch.observer — SEC 8-K summary
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Issuer:     KINGSTONE COMPANIES, INC. (KINS)
CIK:        0000033992
Form:       8-K
Filed at:   2024-05-16T23:59:59+00:00
Accession:  0001021771-24-000128
Event type: other
Sentiment:  neutral
Materiality: 0.55
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Kingstone Companies adopts 2024 equity plan, authorizes 1M shares, subject to shareholder vote
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- Board adopted 2024 Equity Participation Plan on May 10, 2024; replaces 2014 plan expiring Aug 12, 2024.
- Plan authorizes 1,000,000 shares of common stock for grants of options, SARs, and stock bonuses.
- Adoption is effective immediately; shareholder approval required for the plan to become operative.
- Plan is administered by the Board or Compensation Committee; eligible participants include employees, directors, consultants.
- Options under the plan have a 10-year maximum term; exercise price at least fair market value on grant date.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/33992/000102177124000128/0001021771-24-000128-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/33992/000102177124000128/kins8k.htm
  HTML page:      https://secwatch.observer/filing/0001021771-24-000128

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer