secwatch.observer — SEC 8-K summary
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Issuer:     KINGSTONE COMPANIES, INC. (KINS)
CIK:        0000033992
Form:       8-K
Filed at:   2025-08-05T23:59:59+00:00
Accession:  0001021771-25-000107
Event type: leadership
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Kingstone appoints Randy Patten as CFO; $400k salary, $200k sign-on bonus, $600k equity grant
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- Randy Patten appointed CFO effective August 25, 2025; 28 years insurance industry experience.
- Annual base salary of $400,000; bonus target 25% of base salary with $35,000 minimum 2025 guarantee.
- $200,000 sign-on bonus payable on start date; must repay if terminated for cause within one year.
- $600,000 restricted stock grant (2024 Equity Participation Plan) vesting 25%/25%/50% over three years.
- Employment agreement term through August 25, 2028, with automatic one-year renewals.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/33992/000102177125000107/0001021771-25-000107-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/33992/000102177125000107/kins8525.htm
  HTML page:      https://secwatch.observer/filing/0001021771-25-000107

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