Palm Management (US) LLC - 17 Dec 2025 SCHEDULE 13D/A Report for KINGSWAY FINANCIAL SERVICES INC Common Stock, par value $0.01 per share (KFS)

Filing Manager: Palm Management (US) LLC
Reporting Manager: Joshua S. Horowitz
Security: KINGSWAY FINANCIAL SERVICES INC Common Stock, par value $0.01 per share
Symbol: KFS
Shares outstanding: 29,122,827 shares
Disclosed Ownership: 436,842 shares
Ownership: 1.5%
Form type: SCHEDULE 13D/A
Filing time: 18 Dec 2025, 16:15:46 UTC
Date of event: 17 Dec 2025
Previous filing: 02 Apr 2025
SEC: View on sec.gov

Reporting Managers (4)

Name	Ownership	Shares Owned	sole voting power	shared voting power	Signature	Title	CIK
Palm Management (US) LLC	1.4%	404,342	0	367,500	/s/ Joshua S. Horowitz	Joshua S. Horowitz, Director	0001726497
Palm Global Small Cap Master Fund LP	1.4%	404,342	0	367,500	/s/ Joshua S. Horowitz	Joshua S. Horowitz, Director of Palm Management (US) LLC, the investment manager of Palm Global Small Cap Master Fund LP	0001726444
Bradley C. Palmer	1.4%	404,342	0	367,500	/s/ Bradley C. Palmer	Bradley C. Palmer	0001726523
Joshua S. Horowitz	1.5%	436,842	32,500	367,500	/s/ Joshua S. Horowitz	Joshua S. Horowitz	0001612424