Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2026-08-26

Kingstone Companies (KINS)

CEO Meryl Golden was paid $1,871,100 in fiscal year 2025, ↑ up 61.5% from fiscal year 2024 (SEC filing 0000033992-26-000024 ↗): executive and director compensation, incentive-plan design, equity activity, and governance — every figure in this brief is traceable to its exact location in the company’s SEC filing — the document, the section, the page, and the table, linked directly.

$1,871,100 ↑
Meryl Golden total, FY2025
—
CEO pay percentile vs peers
—
CEO-to-median pay ratio
97.88%
Say-on-pay support, latest vote

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KINS's next annual pay disclosure, estimated June 24, 2027.est. Filing ↗

01

Summary Compensation Table — fiscal year 2025

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Meryl Golden$550,000$687,500$607,600$0$0$0$26,000$1,871,100
Chief Executive Officer and President
Randy Patten140,274253,103652,60300001,045,980
Vice President, Chief Financial Officer and Treasurer
Sarah Chen387,046145,642291,74200014,000838,430
Chief Actuary; Senior Vice President, Kingstone Insurance Company

A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.

Three-year trend — total compensation per named executive

Named executive officerFY2025 totalFY2024 totalFY2023 totalΔ FY2024→2025
Meryl Golden$1,871,100$1,158,658$661,700↑ +712,442
Randy Patten1,045,980———
Sarah Chen838,430708,094355,338↑ +130,336

Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.

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Companies that benchmark against KINS
3 companies name KINS as a compensation peer

The list of companies that name KINS as a peer is temporarily unavailable — recheck shortly.

01c

Board of directors

One page per director: the seat, the committees and the fee table, read for one person at a time.

DirectorRoleFY2025 total
Carla A. D'AndreFormer director (through FY2025)$91,985
Floyd R. TupperIndependent Director$128,000
Manmohan SinghIndependent Director$110,500
Pranav PasrichaIndependent Director$47,469
Thomas NewgardenChair of the Board$235,500
Timothy P. McFaddenFormer director (through FY2025)$90,489
William L. YankusIndependent Director$120,500
02

Equity transactions since the proxy statement was filed

Every insider equity transaction reported on Form 4 after the 2025 proxy statement — acquisitions, dispositions, exercises, and withholdings — and therefore not reflected in any table in that document.

InsiderRoleTransaction dateCodeSharesPriceValueSecuritySource
Randy PattenCFO, VP and Treasurer2026-08-25D5,309$20$106,658CommonForm 4 ↗

Transaction codes per Form 4: A acquisition · S open-market sale · F tax withholding · M option exercise · G gift. Value = shares × price as reported. Dividend-equivalent and fractional-share accrual rows (derivative Class A, under $10,000 and under 2,000 shares) are aggregated per date; every row appears in full below.

03

Grants of plan-based awards — fiscal year 2025

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
Jennifer GravelleOTHER—————$133,479
Sarah ChenRSA—————291,742
Randy PattenRSA—————652,603
Meryl GoldenOTHER—————136,500
03b

Vehicle mix — grant-date fair value by award type

Grant-level vehicle detail not disclosed.

% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.

04

Outstanding equity awards at fiscal year-end 2025

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Sarah ChenOption10,0002.25—
Randy PattenRSU43,290—728,571
Meryl GoldenRSU40,000—673,200
Sarah ChenRSU13,956—234,879
05

Incentive-plan design — the Compensation Discussion & Analysis

The compensation structure established by our Compensation Committee is designed to attract and retain motivated executives who substantially contribute to our long-term success and the creation of stockholder value, to reward executives when we perform financially or operationally well, to align the financial interests of our executives with the interests of our stockholders, and to be competitive within our industry.

CEO STI target (% of salary)—
CEO LTI target (% of salary)—
Independent consultant—
Clawback policytrue
Anti-hedgingtrue
Anti-pledgingfalse
06

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20262026-08-057,012,944151,777762,70097.88%Passed
20252025-08-065,517,003324,52420,80494.11%Passed
20242024-08-074,752,903147,12914,18396.72%Passed
20232023-08-093,784,5291,475,77540,65271.39%Passed
20222022-08-114,347,9702,605,978125,15361.42%Passed
20212021-08-106,149,746652,114110,73188.96%Passed

Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year's compensation.

Say-on-pay — history, company's computation

Meeting yearMeeting dateApproval — company's computation
20262026-08-0597.88%a
20252025-08-0694.11%b
20242024-08-0796.72%c

a. Voting standard not stated in the filing.

b. Approved under the standard stated in the filing — “Since each of Proposals 2 and 3 requires the affirmative approval of a majority of the shares of common stock present online or represented by proxy at the meeting and entitled to vote (assuming a quorum is present at the meeting), abstentions will have the effect of a negative vote while broker non-votes will have no effect.”.

c. Approved under the standard stated in the filing — “Since each of Proposals 2, 3 and 4 requires the affirmative approval of a majority of the shares of common stock present in person or represented by proxy at the meeting and entitled to vote (assuming a quorum is present at the meeting), abstentions will have the effect of a negative vote while broker non-votes will have no effect.”.

Approval percentages are the company's own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.

07

CEO pay ratio

Ratio (CEO : median employee)—
CEO total compensation—
Median employee compensation—
08

Director compensation — fiscal year 2025

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Thomas NewgardenIndependent · Board Chair · Audit · Compensation · Risk (Chair)$182,500$53,000$0—$0$235,500
Floyd R. TupperIndependent · Audit (Chair) · Nominating/Governance · Compensation75,00053,0000—0128,000
William L. YankusIndependent · Audit · Compensation (Chair)67,50053,0000—0120,500
Manmohan SinghIndependent · Nominating/Governance · Compensation · Investment and Capital (Chair)57,50053,0000—0110,500
Carla A. D'AndreIndependent · Departed during FY38,98553,0000—091,985
Timothy P. McFaddenIndependent · Departed during FY37,48953,0000—090,489
Pranav PasrichaIndependent · Nominating/Governance (Chair)26,11921,3500—047,469
Meryl S. GoldenEmployee director000—00
09

Board fee structure and ownership guideline

Annual cash retainer$50,000
Annual equity retainer$53,000
Per board meeting fee—
Committee chair fees (audit / comp / nom-gov)25,000 / 15,000 / 15,000
Stock ownership guideline—
09b

Total cost of the board

ComponentFY2025
Cash retainers and fees$485,093
Equity awards (grant-date value)$339,350
All other compensation$0
Total cost of the board$824,443

Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.

10b

Chief executive pay against the peer group

Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company's own proxy statement.

RankCompanyFYChief executiveSalaryStock awardsOption awardsNon-equity incentiveTotal
1Kingstone Companies2025Meryl Golden$550,000$607,600$0$0$1,871,100

Each peer's compensation is from its most recently filed proxy; fiscal years differ by company. Each peer's figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.

10d

Frequently asked questions

Who was the highest-paid executive at Kingstone Companies in fiscal 2025?
As disclosed, Meryl Golden (Chief Executive Officer and President) was the highest-paid executive at Kingstone Companies in fiscal 2025, with total compensation of $1,871,100.
How did shareholders vote on Kingstone Companies's executive compensation?
As disclosed, 97.88% of shareholders supported Kingstone Companies's executive compensation in the latest say-on-pay vote.
How much does Kingstone Companies spend in total on board compensation for fiscal 2025?
As disclosed, Kingstone Companies reported total board compensation of $824,443 for fiscal 2025.

Answers are drawn only from the figures disclosed in this brief and cited to their location in the source filing. Where a figure required for an answer is not disclosed, that is stated rather than estimated.

11

Source register

Each figure's location is given both for the eye (section · page · table · row · column) and for a script (table/row/column index and exact character span in the filed document). Any figure can be independently confirmed against the source.

#SupportsDocumentFiledAccessionLocation in document
1Section 01, Meryl GoldenDEF 14A2026-06-250000033992-26-000024Section “Summary Compensation Table”. As printed: 1,871,100. Filing ↗machine: r3 · c24 · span 66699–66708
2Section 01, Randy PattenDEF 14A2026-06-250000033992-26-000024Section “Summary Compensation Table”. As printed: 1,045,980. Filing ↗machine: r9 · c24 · span 76267–76276
3Section 01, Sarah ChenDEF 14A2026-06-250000033992-26-000024Section “Summary Compensation Table”. As printed: 838,430. Filing ↗machine: r6 · c24 · span 69976–69983
4Section 03, Jennifer Gravelle OTHERDEF 14A2025-06-260000033992-26-000024Section “EXECUTIVE COMPENSATION” · grants of plan-based awards table. Filing ↗machine: span 184250–184253
5Section 03, Sarah Chen RSADEF 14A—0000033992-26-000024Section “EXECUTIVE COMPENSATION” · grants of plan-based awards table. Filing ↗machine: t4 · r6 · c4 · span 68723–68730
6Section 03, Randy Patten RSADEF 14A—0000033992-26-000024Section “EXECUTIVE COMPENSATION” · grants of plan-based awards table. Filing ↗machine: t4 · r9 · c4 · span 75018–75025
7Section 03, Meryl Golden OTHERDEF 14A2025-06-260000033992-26-000024Section “EXECUTIVE COMPENSATION” · grants of plan-based awards table. Filing ↗
8Section 07, pay ratio10-K2026-03-160000033992-26-000013Section “CEO Pay Ratio”. As printed: —. Filing ↗
9Section 08, Thomas NewgardenDEF 14A2026-06-250000033992-26-000024Section “Director Compensation”. As printed: 235,500. Filing ↗machine: span 224812–224939
10Section 08, Floyd R. TupperDEF 14A2026-06-250000033992-26-000024Section “Director Compensation”. As printed: 128,000. Filing ↗machine: span 225870–225997
11Section 08, William L. YankusDEF 14A2026-06-250000033992-26-000024Section “Director Compensation”. As printed: 120,500. Filing ↗machine: span 227055–227182
12Section 08, Manmohan SinghDEF 14A2026-06-250000033992-26-000024Section “Director Compensation”. As printed: 110,500. Filing ↗machine: span 228154–228281
13Section 08, Carla A. D'AndreDEF 14A2026-06-250000033992-26-000024Section “Director Compensation”. As printed: 91,985. Filing ↗machine: span 231635–231761
14Section 08, Timothy P. McFaddenDEF 14A2026-06-250000033992-26-000024Section “Director Compensation”. As printed: 90,489. Filing ↗machine: span 230443–230569
15Section 08, Pranav PasrichaDEF 14A2026-06-250000033992-26-000024Section “Director Compensation”. As printed: 47,469. Filing ↗machine: span 229337–229463
16Section 08, Meryl S. GoldenDEF 14A2026-06-250000033992-26-000024Section “Director Compensation”. As printed: 0. Filing ↗
17Section 02, Randy Patten 2026-08-25Form 42026-08-260001021771-26-000113Insider equity transaction reported since the proxy statement. Filing ↗
18Section 06, 2026 voteForm 8-K2026-08-070001021771-26-000106Item 5.07 · say-on-pay result. As reported: 97.88% (votes for as printed: 7,012,944). Filing ↗
19Section 06, 2025 voteForm 8-K2025-08-070001021771-25-000111Item 5.07 · say-on-pay result. As reported: 94.11% (votes for as printed: 5,517,003). Filing ↗
20Section 06, 2024 voteForm 8-K2024-08-080001021771-24-000162Item 5.07 · say-on-pay result. As reported: 96.72% (votes for as printed: 4,752,903). Filing ↗
21Section 01 trend, Δ column (computed)Computed——Δ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1)
22Section 09b board cost (computed)Computed——Cash 485,093 + equity 339,350 + all other 0 = 824,443, summed across the director compensation table rows.machine: formula: Σ = 824,443
23Kingstone Companies (subject), Section 10b CEO totalDEF 14A2026-06-250000033992-26-000024CEO total compensation as printed in Kingstone Companies's own proxy. As printed: 1,871,100. Filing ↗machine: r3 · c24 · span 66699–66708

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