secwatch.observer — SEC 8-K summary
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Issuer:     Kestrel Group Ltd (KG)
CIK:        0002055116
Form:       8-K
Filed at:   2026-05-14T20:01:02+00:00
Accession:  0001628280-26-035056
Event type: other_material
Sentiment:  neutral
Materiality: 0.30
Item codes: 5.02, 5.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Kestrel Group grants $650K performance-based restricted stock to CEO, Chairman, and CFO
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- On May 13, 2026, Kestrel granted performance-based restricted stock awards of $650,000 each to Executive Chairman, CEO, and President/CFO.
- Each executive received 61,588 shares based on 20-day VWAP; vesting tied to Program Services EBITDA threshold for 2026.
- Shares vest in 1/3 increments: upon Committee certification, then first and second anniversaries.
- Forfeiture if threshold not met; accelerated vesting for death, disability, termination without cause, or change of control.
- Awards granted under the 2025 Equity Incentive Plan.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2055116/000162828026035056/0001628280-26-035056-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2055116/000162828026035056/kg-20260514.htm
  HTML page:      https://secwatch.observer/filing/0001628280-26-035056

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