0001104659-24-033454.txt : 20240312 0001104659-24-033454.hdr.sgml : 20240312 20240312160117 ACCESSION NUMBER: 0001104659-24-033454 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20240308 FILED AS OF DATE: 20240312 DATE AS OF CHANGE: 20240312 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: STILWELL ASSOCIATES L P CENTRAL INDEX KEY: 0000913960 ORGANIZATION NAME: STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-15204 FILM NUMBER: 24741981 BUSINESS ADDRESS: STREET 1: 111 BROADWAY, 12TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10006 BUSINESS PHONE: 212-269-5800 MAIL ADDRESS: STREET 1: 111 BROADWAY, 12TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10006 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Stilwell Value LLC CENTRAL INDEX KEY: 0001397076 ORGANIZATION NAME: STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-15204 FILM NUMBER: 24741982 BUSINESS ADDRESS: STREET 1: 111 BROADWAY, 12TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10006 BUSINESS PHONE: 2122695800 MAIL ADDRESS: STREET 1: 111 BROADWAY, 12TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10006 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: STILWELL JOSEPH CENTRAL INDEX KEY: 0001113303 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-15204 FILM NUMBER: 24741983 MAIL ADDRESS: STREET 1: 111 BROADWAY, 12TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10006 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Stilwell Activist Investments, L.P. CENTRAL INDEX KEY: 0001573720 ORGANIZATION NAME: STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-15204 FILM NUMBER: 24741979 BUSINESS ADDRESS: STREET 1: 111 BROADWAY STREET 2: 12TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10006 BUSINESS PHONE: 212-269-5800 MAIL ADDRESS: STREET 1: 111 BROADWAY STREET 2: 12TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10006 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Stilwell Value Partners VII, L.P. CENTRAL INDEX KEY: 0001555931 ORGANIZATION NAME: STATE OF INCORPORATION: DE FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-15204 FILM NUMBER: 24741978 BUSINESS ADDRESS: STREET 1: 111 BROADWAY, 12TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10006 BUSINESS PHONE: 212-269-5800 MAIL ADDRESS: STREET 1: 111 BROADWAY, 12TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10006 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Stilwell Activist Fund, L.P. CENTRAL INDEX KEY: 0001564452 ORGANIZATION NAME: STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-15204 FILM NUMBER: 24741980 BUSINESS ADDRESS: STREET 1: 111 BROADWAY STREET 2: 12TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10006 BUSINESS PHONE: 212-269-5800 MAIL ADDRESS: STREET 1: 111 BROADWAY STREET 2: 12TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10006 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: KINGSWAY FINANCIAL SERVICES INC CENTRAL INDEX KEY: 0001072627 STANDARD INDUSTRIAL CLASSIFICATION: FIRE, MARINE & CASUALTY INSURANCE [6331] ORGANIZATION NAME: 02 Finance IRS NUMBER: 999999999 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 10 S. RIVERSIDE PLAZA STREET 2: SUITE 1520 CITY: CHICAGO STATE: IL ZIP: 60606 BUSINESS PHONE: (312) 766-2144 MAIL ADDRESS: STREET 1: 10 S. RIVERSIDE PLAZA STREET 2: SUITE 1520 CITY: CHICAGO STATE: IL ZIP: 60606 4 1 tm248594-1_4seq1.xml OWNERSHIP DOCUMENT X0508 4 2024-03-08 0 0001072627 KINGSWAY FINANCIAL SERVICES INC KFS 0001113303 STILWELL JOSEPH 200 CALLE DEL SANTO CRISTO SAN JUAN PR 00901 PUERTO RICO 1 0 1 0 0001397076 Stilwell Value LLC 111 BROADWAY, 12TH FLOOR NEW YORK NY 10006 0 0 1 0 0000913960 STILWELL ASSOCIATES L P 111 BROADWAY, 12TH FLOOR NEW YORK NY 10006 0 0 1 0 0001564452 Stilwell Activist Fund, L.P. 111 BROADWAY, 12TH FLOOR NEW YORK NY 10006 0 0 1 0 0001573720 Stilwell Activist Investments, L.P. 111 BROADWAY, 12TH FLOOR NEW YORK NY 10006 0 0 1 0 0001555931 Stilwell Value Partners VII, L.P. 111 BROADWAY, 12TH FLOOR NEW YORK NY 10006 0 0 1 0 0 Common Stock 162500 D Common Stock 2024-03-08 4 S 0 8691 8.8368 D 4932984 I See footnote Common Stock 2024-03-08 4 S 0 1141 8.8368 D 649432 I See footnote Common Stock 2024-03-08 4 S 0 1644 8.8368 D 932374 I See footnote Common Stock 2024-03-08 4 S 0 1619 8.8368 D 918037 I See footnote Common Stock 2024-03-11 4 S 0 4835 8.7572 D 4928149 I See footnote Common Stock 2024-03-11 4 S 0 635 8.7572 D 648797 I See footnote Common Stock 2024-03-11 4 S 0 922 8.7572 D 931452 I See footnote Common Stock 2024-03-11 4 S 0 908 8.7572 D 917129 I See footnote These are shares owned directly by Joseph Stilwell. This Form 4 reports the following sales: on March 8, 2024: (a) Stilwell Activist Investments, L.P. ("SAI") sold 8,691 shares at $8.8368; (b) Stilwell Activist Fund, L.P. ("SAF") sold 1,141 shares at $8.8368; (c) Stilwell Value Partners VII, L.P. ("SVP VII") sold 1,644 shares at $8.8368; and (d) Stilwell Associates LP ("Associates") sold 1,619 shares at $8.8368; and on March 11, 2024: (a) SAI sold 4,835 shares at $8.7572; (b) SAF sold 635 shares at $8.7572; (c) SVP VII sold 922 shares at $8.7572; and (d) Associates sold 908 shares at $8.7572. These are shares owned directly by SAI and indirectly by Joseph Stilwell in his capacity as the managing member and owner of Stilwell Value LLC ("Value"), which is the general partner of SAI. Joseph Stilwell disclaims beneficial ownership of all shares reported as owned indirectly except to the extent of his pecuniary interest therein. These are shares owned directly by SAF and indirectly by Joseph Stilwell in his capacity as the managing member and owner of Value, which is the general partner of SAF. Joseph Stilwell disclaims beneficial ownership of all shares reported as owned indirectly except to the extent of his pecuniary interest therein. These are shares owned directly by SVP VII and indirectly by Joseph Stilwell in his capacity as the managing member and owner of Value, which is the general partner of SVP VII. Joseph Stilwell disclaims beneficial ownership of all shares reported as owned indirectly except to the extent of his pecuniary interest therein. These are shares owned directly by Associates and indirectly by Joseph Stilwell in his capacity as the managing member and owner of Value, which is the general partner of Associates. Joseph Stilwell disclaims beneficial ownership of all shares reported as owned indirectly except to the extent of his pecuniary interest therein. /s/ Debra Rouse as Attorney-in-Fact for Joseph Stilwell 2024-03-12 /s/ Debra Rouse as Attorney-in-Fact for Stilwell Value LLC 2024-03-12 /s/ Debra Rouse as Attorney-in-Fact for Stilwell Associates, L.P. 2024-03-12 /s/ Debra Rouse as Attorney-in-Fact for Stilwell Activist Fund, L.P. 2024-03-12 /s/ Debra Rouse as Attorney-in-Fact for Stilwell Activist Investments, L.P. 2024-03-12 /s/ Debra Rouse as Attorney-in-Fact for Stilwell Value Partners VII, L.P. 2024-03-12