Thomas Newgarden (Director) bought 14,000 shares at $15.21 avg; now -23.4% from 52-week high and below transaction price.
Thomas Newgarden completed 2 separate purchases totaling 14,000 shares for $212,957.60 at an average price of $15.21, increasing his holdings by +16.4% to 99,366 shares post-transaction. The purchases occurred on consecutive days (2026-05-28 and 2026-05-29) at prices of $15.50 and $14.99, during a period when the stock was already -12.3% over 30 days and -9.8% over 90 days. The current price of $14.87 is now below both transaction prices and -23.4% from the 52-week high of $19.42. His same-ticker history shows mixed timing: 3 of 5 prior KINS purchases resulted in positive 90-day returns, but the most recent two purchases (2026-05-13 and 2026-05-12) have shown only modest 30-day and 90-day gains of +3.6% and +2.4% respectively, suggesting recent buys at this ticker have underperformed. The purchases come while the company reports quarterly net income of $-5,808,250.00, and the insider's accumulation into a declining stock in a loss-making period merits observation of whether this represents conviction or automated execution.