Item 5.02.   Departure of Directors or Certain Officers; Election of Directors;
             Appointment of Certain Officers; Compensatory Arrangements of
             Certain Officers.

(c) On January 17, 2023, Kingstone Companies, Inc. (the "Company") issued a press release announcing that Jennifer Gravelle has joined the Company's management team as its Chief Financial Officer effective as of January 17, 2023 (the "Press Release"). A copy of the Press Release is furnished as Exhibit 99.1 hereto.

Ms. Gravelle, age 50, has over 20 years of leadership experience in the property and casualty insurance industry. She previously served as Chief Financial Officer at Slide Insurance Holdings, Inc., a full-stack insurtech organization, Allied Trust Insurance Company, a personal property insurance organization, and Olympus Insurance Company, also a personal property insurance organization.

Ms. Gravelle will be entitled to receive an annual salary of $325,000 and a bonus target equal to 25% of her base salary (with a minimum guaranteed bonus for 2023 of $50,000). The Company also granted to Ms. Gravelle 14,535 shares of common stock of the Company pursuant to the Company's Amended and Restated 2014 Equity Participation Plan, which shares will vest in three equal annual installments.

Item 7.01 Regulation FD Disclosure.

See Item 5.02 above.

The information in the Press Release is being furnished, not filed, pursuant to this Item 7.01. Accordingly, the information in the Press Release will not be incorporated by reference into any registration statement filed by the Company under the Securities Act unless specifically identified therein as being incorporated therein by reference. The furnishing of the information in this Current Report on Form 8-K with respect to the Press Release is not intended to, and does not, constitute a determination or admission by the Company that the information in this Report with respect to the Press Release is material or complete, or that investors should consider this information before making an investment decision with respect to any security of the Company.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits.

99.1 Press release, dated January 17, 2023, issued by Kingstone Companies, Inc.

--------------------------------------------------------------------------------

© Edgar Online, source Glimpses