Home › Companies › KINGSWAY FINANCIAL SERVICES INC. › 2024-2025
At KINGSWAY FINANCIAL SERVICES INC.'s shareholder meeting held May 19, 2025, in the 2024-2025 proxy season, 77 asset managers reported how they voted on 10 ballot items in their SEC Form N-PX filings, covering 812 separate fund positions. On the most widely held item on that ballot — To approve, on a non-binding and advisory basis, the compensation of the named executive… — KINGSWAY FINANCIAL SERVICES INC.'s filing reports the proposal as approved, with 98% support of the votes cast (FOR divided by FOR plus AGAINST, the conventional basis for proxy support; abstentions, broker non-votes and unvoted shares are excluded because none of them took a side). Source: KINGSWAY FINANCIAL SERVICES INC.'s Form 8-K, Item 5.07, filed with the U.S. Securities and Exchange Commission on May 21, 2025.
Download data (CSV): ballot items · votes by manager · column guide.
Compiled from SEC Form N-PX filings and KINGSWAY FINANCIAL SERVICES INC.’s Form 8-K, filed May 21, 2025 (Item 5.07 on EDGAR). Page generated November 8, 2026.
Meeting of May 19, 2025: 10 items on KINGSWAY FINANCIAL SERVICES INC.’s Form 8-K, filed May 21, 2025: 8 elected · 2 approved.
None.
Material dissent: a director nominee under 80% of the votes cast, say-on-pay under 70%, any other item the board put forward under 80%, or a shareholder proposal with more than 50%, on the company’s own Form 8-K tally. How this is decided
Explore KINGSWAY FINANCIAL SERVICES INC. in the interactive database Compare manager voting policies
These tallies are KINGSWAY FINANCIAL SERVICES INC.’s own, as disclosed to the U.S. Securities and Exchange Commission on Form 8-K, filed May 21, 2025 (Item 5.07, “Submission of Matters to a Vote of Security Holders”). They cover every share voted at the meeting, not just the funds that file Form N-PX.
| Ballot item | For | Against | Abstain | Withheld | Broker non-votes | Support (of votes cast) | Reported outcome | Voting standard |
|---|---|---|---|---|---|---|---|---|
| Elect Director: John T. Fitzgerald | 13,148,738 | -- | -- | 1,443,155 | 4,084,846 | 90% | Elected | — |
| Elect Director: Gregory P. Hannon | 12,297,909 | -- | -- | 2,293,984 | 4,084,846 | 84% | Elected | — |
| Elect Director: Joshua S. Horowitz | 14,267,669 | -- | -- | 324,224 | 4,084,846 | 98% | Elected | — |
| Elect Director: Terence M. Kavanagh | 14,455,188 | -- | -- | 136,705 | 4,084,846 | 99.0% | Elected | — |
| Elect Director: Doug Levine | 14,496,696 | -- | -- | 95,197 | 4,084,846 | 99.3% | Elected | — |
| Elect Director: Adam J. Patinkin | 14,497,301 | -- | -- | 94,592 | 4,084,846 | 99.3% | Elected | — |
| Elect Director: Corissa B. Porcelli | 13,099,186 | -- | -- | 1,492,707 | 4,084,846 | 90% | Elected | — |
| Elect Director: Joseph D. Stilwell | 13,637,325 | -- | -- | 954,568 | 4,084,846 | 93% | Elected | — |
| 2. Ratification of the appointment Plante & Moran, PLLC to serve as the Company's independent registered public accounting firm for 2025 | 18,645,963 | 26,413 | 4,363 | -- | 0 | 99.8% | Approved | — |
| 3. Nonbinding advisory vote to approve named executive officer compensation | 14,336,882 | 232,635 | 22,376 | -- | 4,084,846 | 98% | Approved | — |
Source: KINGSWAY FINANCIAL SERVICES INC., Form 8-K, filed with the SEC on May 21, 2025 — read the filing on EDGAR.
Each item below shows how the 77 asset managers that disclosed a KINGSWAY FINANCIAL SERVICES INC. vote in their SEC Form N-PX filings actually voted. Share totals are the shares those managers' funds voted, summed across every fund they report.
Combines 2 wordings of this item as funds reported it.
99.3% Majority: yes · of votes cast
Description as filed by funds: To elect eight (8) Directors of the corporation to hold office for a term of one (1) year or until their successors are duly appointed and qualified: Adam J. Patinkin
KINGSWAY FINANCIAL SERVICES INC.’s own tally for this item (“Elect Director: Adam J. Patinkin”): 14,497,301 for, 94,592 withheld, per its Form 8-K filed May 21, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.
Reported outcome: Elected, in the filing’s own words: “All of the nominees for election to the Company's Board of Directors were elected upon the following votes:”
Support: 99.3% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.
The 32 asset managers below reported 1,662,073 for.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 715,285 | 0 | 0 | 0 | For |
| BlackRock | 470,157 | 0 | 0 | 0 | For |
| Fidelity | 242,243 | 0 | 0 | 0 | For |
| Charles Schwab | 36,073 | 0 | 0 | 0 | For |
| Dimensional | 35,759 | 0 | 0 | 0 | For |
| Equitable | 35,421 | 0 | 0 | 0 | For |
| BRIDGEWAY FUNDS INC | 28,200 | 0 | 0 | 0 | For |
| TIAA | 17,450 | 0 | 0 | 0 | For |
| QUANTITATIVE MASTER SERIES LLC | 14,660 | 0 | 0 | 0 | For |
| Lincoln Financial | 10,100 | 0 | 0 | 0 | For |
| Janus Detroit Street Trust | 9,175 | 0 | 0 | 0 | For |
| Global X | 7,784 | 0 | 0 | 0 | For |
| Northern Trust | 6,745 | 0 | 0 | 0 | For |
| John Hancock | 6,415 | 0 | 0 | 0 | For |
| Pacific Life | 4,148 | 0 | 0 | 0 | For |
| Nationwide | 2,982 | 0 | 0 | 0 | For |
| Bridge Builder Trust | 2,959 | 0 | 0 | 0 | For |
| ProShares | 2,763 | 0 | 0 | 0 | For |
| State Street | 2,720 | 0 | 0 | 0 | For |
| Victory Capital | 2,391 | 0 | 0 | 0 | For |
| DWS | 1,893 | 0 | 0 | 0 | For |
| Columbia Threadneedle | 1,656 | 0 | 0 | 0 | For |
| AIG/SunAmerica | 1,400 | 0 | 0 | 0 | For |
| Goldman Sachs | 900 | 0 | 0 | 0 | For |
| Calvert | 879 | 0 | 0 | 0 | For |
Showing the 25 largest of 32 asset managers. All 32 are in the interactive database (link above).
Combines 2 wordings of this item as funds reported it.
90% Majority: yes · of votes cast
Description as filed by funds: To elect eight (8) Directors of the corporation to hold office for a term of one (1) year or until their successors are duly appointed and qualified: Corissa B. Porcelli
KINGSWAY FINANCIAL SERVICES INC.’s own tally for this item (“Elect Director: Corissa B. Porcelli”): 13,099,186 for, 1,492,707 withheld, per its Form 8-K filed May 21, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.
Reported outcome: Elected, in the filing’s own words: “All of the nominees for election to the Company's Board of Directors were elected upon the following votes:”
Support: 90% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.
The 32 asset managers below reported 1,618,216 for, 43,857 withheld.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 715,285 | 0 | 0 | 0 | For |
| BlackRock | 470,157 | 0 | 0 | 0 | For |
| Fidelity | 242,243 | 0 | 0 | 0 | For |
| Charles Schwab | 0 | 0 | 0 | 36,073 | Withhold |
| Dimensional | 35,759 | 0 | 0 | 0 | For |
| Equitable | 35,421 | 0 | 0 | 0 | For |
| BRIDGEWAY FUNDS INC | 28,200 | 0 | 0 | 0 | For |
| TIAA | 17,450 | 0 | 0 | 0 | For |
| QUANTITATIVE MASTER SERIES LLC | 14,660 | 0 | 0 | 0 | For |
| Lincoln Financial | 10,100 | 0 | 0 | 0 | For |
| Janus Detroit Street Trust | 9,175 | 0 | 0 | 0 | For |
| Global X | 0 | 0 | 0 | 7,784 | Withhold |
| Northern Trust | 6,745 | 0 | 0 | 0 | For |
| John Hancock | 6,415 | 0 | 0 | 0 | For |
| Pacific Life | 4,148 | 0 | 0 | 0 | For |
| Nationwide | 2,982 | 0 | 0 | 0 | For |
| Bridge Builder Trust | 2,959 | 0 | 0 | 0 | For |
| ProShares | 2,763 | 0 | 0 | 0 | For |
| State Street | 2,720 | 0 | 0 | 0 | For |
| Victory Capital | 2,391 | 0 | 0 | 0 | For |
| DWS | 1,893 | 0 | 0 | 0 | For |
| Columbia Threadneedle | 1,656 | 0 | 0 | 0 | For |
| AIG/SunAmerica | 1,400 | 0 | 0 | 0 | For |
| Goldman Sachs | 900 | 0 | 0 | 0 | For |
| Calvert | 879 | 0 | 0 | 0 | For |
Showing the 25 largest of 32 asset managers. All 32 are in the interactive database (link above).
Combines 2 wordings of this item as funds reported it.
99.3% Majority: yes · of votes cast
Description as filed by funds: To elect eight (8) Directors of the corporation to hold office for a term of one (1) year or until their successors are duly appointed and qualified: Douglas Levine
KINGSWAY FINANCIAL SERVICES INC.’s own tally for this item (“Elect Director: Doug Levine”): 14,496,696 for, 95,197 withheld, per its Form 8-K filed May 21, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.
Reported outcome: Elected, in the filing’s own words: “All of the nominees for election to the Company's Board of Directors were elected upon the following votes:”
Support: 99.3% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.
The 32 asset managers below reported 1,662,073 for.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 715,285 | 0 | 0 | 0 | For |
| BlackRock | 470,157 | 0 | 0 | 0 | For |
| Fidelity | 242,243 | 0 | 0 | 0 | For |
| Charles Schwab | 36,073 | 0 | 0 | 0 | For |
| Dimensional | 35,759 | 0 | 0 | 0 | For |
| Equitable | 35,421 | 0 | 0 | 0 | For |
| BRIDGEWAY FUNDS INC | 28,200 | 0 | 0 | 0 | For |
| TIAA | 17,450 | 0 | 0 | 0 | For |
| QUANTITATIVE MASTER SERIES LLC | 14,660 | 0 | 0 | 0 | For |
| Lincoln Financial | 10,100 | 0 | 0 | 0 | For |
| Janus Detroit Street Trust | 9,175 | 0 | 0 | 0 | For |
| Global X | 7,784 | 0 | 0 | 0 | For |
| Northern Trust | 6,745 | 0 | 0 | 0 | For |
| John Hancock | 6,415 | 0 | 0 | 0 | For |
| Pacific Life | 4,148 | 0 | 0 | 0 | For |
| Nationwide | 2,982 | 0 | 0 | 0 | For |
| Bridge Builder Trust | 2,959 | 0 | 0 | 0 | For |
| ProShares | 2,763 | 0 | 0 | 0 | For |
| State Street | 2,720 | 0 | 0 | 0 | For |
| Victory Capital | 2,391 | 0 | 0 | 0 | For |
| DWS | 1,893 | 0 | 0 | 0 | For |
| Columbia Threadneedle | 1,656 | 0 | 0 | 0 | For |
| AIG/SunAmerica | 1,400 | 0 | 0 | 0 | For |
| Goldman Sachs | 900 | 0 | 0 | 0 | For |
| Calvert | 879 | 0 | 0 | 0 | For |
Showing the 25 largest of 32 asset managers. All 32 are in the interactive database (link above).
Combines 2 wordings of this item as funds reported it.
84% Majority: yes · of votes cast
Description as filed by funds: To elect eight (8) Directors of the corporation to hold office for a term of one (1) year or until their successors are duly appointed and qualified: Gregory P. Hannon
KINGSWAY FINANCIAL SERVICES INC.’s own tally for this item (“Elect Director: Gregory P. Hannon”): 12,297,909 for, 2,293,984 withheld, per its Form 8-K filed May 21, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.
Reported outcome: Elected, in the filing’s own words: “All of the nominees for election to the Company's Board of Directors were elected upon the following votes:”
Support: 84% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.
The 32 asset managers below reported 1,090,056 for, 572,017 withheld.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 715,285 | 0 | 0 | 0 | For |
| BlackRock | 0 | 0 | 0 | 470,157 | Withhold |
| Fidelity | 242,243 | 0 | 0 | 0 | For |
| Charles Schwab | 36,073 | 0 | 0 | 0 | For |
| Dimensional | 35,759 | 0 | 0 | 0 | For |
| Equitable | 0 | 0 | 0 | 35,421 | Withhold |
| BRIDGEWAY FUNDS INC | 28,200 | 0 | 0 | 0 | For |
| TIAA | 0 | 0 | 0 | 17,450 | Withhold |
| QUANTITATIVE MASTER SERIES LLC | 0 | 0 | 0 | 14,660 | Withhold |
| Lincoln Financial | 0 | 0 | 0 | 10,100 | Withhold |
| Janus Detroit Street Trust | 9,175 | 0 | 0 | 0 | For |
| Global X | 0 | 0 | 0 | 7,784 | Withhold |
| Northern Trust | 6,745 | 0 | 0 | 0 | For |
| John Hancock | 6,415 | 0 | 0 | 0 | For |
| Pacific Life | 0 | 0 | 0 | 4,148 | Withhold |
| Nationwide | 0 | 0 | 0 | 2,982 | Withhold |
| Bridge Builder Trust | 0 | 0 | 0 | 2,959 | Withhold |
| ProShares | 2,763 | 0 | 0 | 0 | For |
| State Street | 0 | 0 | 0 | 2,720 | Withhold |
| Victory Capital | 2,391 | 0 | 0 | 0 | For |
| DWS | 1,893 | 0 | 0 | 0 | For |
| Columbia Threadneedle | 0 | 0 | 0 | 1,656 | Withhold |
| AIG/SunAmerica | 1,400 | 0 | 0 | 0 | For |
| Goldman Sachs | 900 | 0 | 0 | 0 | For |
| Calvert | 0 | 0 | 0 | 879 | Withhold |
Showing the 25 largest of 32 asset managers. All 32 are in the interactive database (link above).
Combines 2 wordings of this item as funds reported it.
90% Majority: yes · of votes cast
Description as filed by funds: To elect eight (8) Directors of the corporation to hold office for a term of one (1) year or until their successors are duly appointed and qualified: John T. Fitzgerald
KINGSWAY FINANCIAL SERVICES INC.’s own tally for this item (“Elect Director: John T. Fitzgerald”): 13,148,738 for, 1,443,155 withheld, per its Form 8-K filed May 21, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.
Reported outcome: Elected, in the filing’s own words: “All of the nominees for election to the Company's Board of Directors were elected upon the following votes:”
Support: 90% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.
The 32 asset managers below reported 1,662,073 for.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 715,285 | 0 | 0 | 0 | For |
| BlackRock | 470,157 | 0 | 0 | 0 | For |
| Fidelity | 242,243 | 0 | 0 | 0 | For |
| Charles Schwab | 36,073 | 0 | 0 | 0 | For |
| Dimensional | 35,759 | 0 | 0 | 0 | For |
| Equitable | 35,421 | 0 | 0 | 0 | For |
| BRIDGEWAY FUNDS INC | 28,200 | 0 | 0 | 0 | For |
| TIAA | 17,450 | 0 | 0 | 0 | For |
| QUANTITATIVE MASTER SERIES LLC | 14,660 | 0 | 0 | 0 | For |
| Lincoln Financial | 10,100 | 0 | 0 | 0 | For |
| Janus Detroit Street Trust | 9,175 | 0 | 0 | 0 | For |
| Global X | 7,784 | 0 | 0 | 0 | For |
| Northern Trust | 6,745 | 0 | 0 | 0 | For |
| John Hancock | 6,415 | 0 | 0 | 0 | For |
| Pacific Life | 4,148 | 0 | 0 | 0 | For |
| Nationwide | 2,982 | 0 | 0 | 0 | For |
| Bridge Builder Trust | 2,959 | 0 | 0 | 0 | For |
| ProShares | 2,763 | 0 | 0 | 0 | For |
| State Street | 2,720 | 0 | 0 | 0 | For |
| Victory Capital | 2,391 | 0 | 0 | 0 | For |
| DWS | 1,893 | 0 | 0 | 0 | For |
| Columbia Threadneedle | 1,656 | 0 | 0 | 0 | For |
| AIG/SunAmerica | 1,400 | 0 | 0 | 0 | For |
| Goldman Sachs | 900 | 0 | 0 | 0 | For |
| Calvert | 879 | 0 | 0 | 0 | For |
Showing the 25 largest of 32 asset managers. All 32 are in the interactive database (link above).
Combines 2 wordings of this item as funds reported it.
93% Majority: yes · of votes cast
Description as filed by funds: To elect eight (8) Directors of the corporation to hold office for a term of one (1) year or until their successors are duly appointed and qualified: Joseph D. Stilwell
KINGSWAY FINANCIAL SERVICES INC.’s own tally for this item (“Elect Director: Joseph D. Stilwell”): 13,637,325 for, 954,568 withheld, per its Form 8-K filed May 21, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.
Reported outcome: Elected, in the filing’s own words: “All of the nominees for election to the Company's Board of Directors were elected upon the following votes:”
Support: 93% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.
The 32 asset managers below reported 1,113,117 for, 548,956 withheld.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 715,285 | 0 | 0 | 0 | For |
| BlackRock | 0 | 0 | 0 | 470,157 | Withhold |
| Fidelity | 242,243 | 0 | 0 | 0 | For |
| Charles Schwab | 36,073 | 0 | 0 | 0 | For |
| Dimensional | 35,759 | 0 | 0 | 0 | For |
| Equitable | 0 | 0 | 0 | 35,421 | Withhold |
| BRIDGEWAY FUNDS INC | 28,200 | 0 | 0 | 0 | For |
| TIAA | 0 | 0 | 0 | 17,450 | Withhold |
| QUANTITATIVE MASTER SERIES LLC | 0 | 0 | 0 | 14,660 | Withhold |
| Lincoln Financial | 10,100 | 0 | 0 | 0 | For |
| Janus Detroit Street Trust | 9,175 | 0 | 0 | 0 | For |
| Global X | 7,784 | 0 | 0 | 0 | For |
| Northern Trust | 6,745 | 0 | 0 | 0 | For |
| John Hancock | 6,415 | 0 | 0 | 0 | For |
| Pacific Life | 0 | 0 | 0 | 4,148 | Withhold |
| Nationwide | 0 | 0 | 0 | 2,982 | Withhold |
| Bridge Builder Trust | 0 | 0 | 0 | 2,959 | Withhold |
| ProShares | 2,763 | 0 | 0 | 0 | For |
| State Street | 2,720 | 0 | 0 | 0 | For |
| Victory Capital | 2,391 | 0 | 0 | 0 | For |
| DWS | 1,893 | 0 | 0 | 0 | For |
| Columbia Threadneedle | 1,656 | 0 | 0 | 0 | For |
| AIG/SunAmerica | 1,400 | 0 | 0 | 0 | For |
| Goldman Sachs | 900 | 0 | 0 | 0 | For |
| Calvert | 0 | 0 | 0 | 879 | Withhold |
Showing the 25 largest of 32 asset managers. All 32 are in the interactive database (link above).
Combines 2 wordings of this item as funds reported it.
98% Majority: yes · of votes cast
Description as filed by funds: To elect eight (8) Directors of the corporation to hold office for a term of one (1) year or until their successors are duly appointed and qualified: Joshua S. Horowitz
KINGSWAY FINANCIAL SERVICES INC.’s own tally for this item (“Elect Director: Joshua S. Horowitz”): 14,267,669 for, 324,224 withheld, per its Form 8-K filed May 21, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.
Reported outcome: Elected, in the filing’s own words: “All of the nominees for election to the Company's Board of Directors were elected upon the following votes:”
Support: 98% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.
The 32 asset managers below reported 1,606,337 for, 55,736 withheld.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 715,285 | 0 | 0 | 0 | For |
| BlackRock | 470,157 | 0 | 0 | 0 | For |
| Fidelity | 242,243 | 0 | 0 | 0 | For |
| Charles Schwab | 36,073 | 0 | 0 | 0 | For |
| Dimensional | 0 | 0 | 0 | 35,759 | Withhold |
| Equitable | 24,961 | 0 | 0 | 10,460 | Mixed |
| BRIDGEWAY FUNDS INC | 28,200 | 0 | 0 | 0 | For |
| TIAA | 17,450 | 0 | 0 | 0 | For |
| QUANTITATIVE MASTER SERIES LLC | 14,660 | 0 | 0 | 0 | For |
| Lincoln Financial | 10,100 | 0 | 0 | 0 | For |
| Janus Detroit Street Trust | 9,175 | 0 | 0 | 0 | For |
| Global X | 7,784 | 0 | 0 | 0 | For |
| Northern Trust | 0 | 0 | 0 | 6,745 | Withhold |
| John Hancock | 6,415 | 0 | 0 | 0 | For |
| Pacific Life | 4,148 | 0 | 0 | 0 | For |
| Nationwide | 2,982 | 0 | 0 | 0 | For |
| Bridge Builder Trust | 2,959 | 0 | 0 | 0 | For |
| ProShares | 2,763 | 0 | 0 | 0 | For |
| State Street | 2,720 | 0 | 0 | 0 | For |
| Victory Capital | 2,391 | 0 | 0 | 0 | For |
| DWS | 0 | 0 | 0 | 1,893 | Withhold |
| Columbia Threadneedle | 1,656 | 0 | 0 | 0 | For |
| AIG/SunAmerica | 1,400 | 0 | 0 | 0 | For |
| Goldman Sachs | 900 | 0 | 0 | 0 | For |
| Calvert | 0 | 0 | 0 | 879 | Withhold |
Showing the 25 largest of 32 asset managers. All 32 are in the interactive database (link above).
Combines 2 wordings of this item as funds reported it.
99.0% Majority: yes · of votes cast
Description as filed by funds: To elect eight (8) Directors of the corporation to hold office for a term of one (1) year or until their successors are duly appointed and qualified: Terence M. Kavanagh
KINGSWAY FINANCIAL SERVICES INC.’s own tally for this item (“Elect Director: Terence M. Kavanagh”): 14,455,188 for, 136,705 withheld, per its Form 8-K filed May 21, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.
Reported outcome: Elected, in the filing’s own words: “All of the nominees for election to the Company's Board of Directors were elected upon the following votes:”
Support: 99.0% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.
The 32 asset managers below reported 1,661,194 for, 879 withheld.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 715,285 | 0 | 0 | 0 | For |
| BlackRock | 470,157 | 0 | 0 | 0 | For |
| Fidelity | 242,243 | 0 | 0 | 0 | For |
| Charles Schwab | 36,073 | 0 | 0 | 0 | For |
| Dimensional | 35,759 | 0 | 0 | 0 | For |
| Equitable | 35,421 | 0 | 0 | 0 | For |
| BRIDGEWAY FUNDS INC | 28,200 | 0 | 0 | 0 | For |
| TIAA | 17,450 | 0 | 0 | 0 | For |
| QUANTITATIVE MASTER SERIES LLC | 14,660 | 0 | 0 | 0 | For |
| Lincoln Financial | 10,100 | 0 | 0 | 0 | For |
| Janus Detroit Street Trust | 9,175 | 0 | 0 | 0 | For |
| Global X | 7,784 | 0 | 0 | 0 | For |
| Northern Trust | 6,745 | 0 | 0 | 0 | For |
| John Hancock | 6,415 | 0 | 0 | 0 | For |
| Pacific Life | 4,148 | 0 | 0 | 0 | For |
| Nationwide | 2,982 | 0 | 0 | 0 | For |
| Bridge Builder Trust | 2,959 | 0 | 0 | 0 | For |
| ProShares | 2,763 | 0 | 0 | 0 | For |
| State Street | 2,720 | 0 | 0 | 0 | For |
| Victory Capital | 2,391 | 0 | 0 | 0 | For |
| DWS | 1,893 | 0 | 0 | 0 | For |
| Columbia Threadneedle | 1,656 | 0 | 0 | 0 | For |
| AIG/SunAmerica | 1,400 | 0 | 0 | 0 | For |
| Goldman Sachs | 900 | 0 | 0 | 0 | For |
| Calvert | 0 | 0 | 0 | 879 | Withhold |
Showing the 25 largest of 32 asset managers. All 32 are in the interactive database (link above).
Combines 4 wordings of this item as funds reported it.
98% Approved · of votes cast
Description as filed by funds: To approve, on a non-binding and advisory basis, the compensation of the named executive officers of the Corporation (say-on-pay).
KINGSWAY FINANCIAL SERVICES INC.’s own tally for this item (“3. Nonbinding advisory vote to approve named executive officer compensation”): 14,336,882 for, 232,635 against — passed, per its Form 8-K filed May 21, 2025 (Item 5.07).
Reported outcome: Approved, in the filing’s own words: “Proposal 3 — Nonbinding advisory vote to approve named executive officer compensation was approved upon the following vote:”
Support: 98% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.
Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice).
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 715,285 | 0 | 0 | 0 | For |
| BlackRock | 470,157 | 0 | 0 | 0 | For |
| Fidelity | 242,243 | 0 | 0 | 0 | For |
| Charles Schwab | 36,073 | 0 | 0 | 0 | For |
| Dimensional | 35,759 | 0 | 0 | 0 | For |
| Equitable | 35,421 | 0 | 0 | 0 | For |
| BRIDGEWAY FUNDS INC | 0 | 28,200 | 0 | 0 | Against |
| TIAA | 17,450 | 0 | 0 | 0 | For |
| QUANTITATIVE MASTER SERIES LLC | 14,660 | 0 | 0 | 0 | For |
| Lincoln Financial | 10,100 | 0 | 0 | 0 | For |
| Janus Detroit Street Trust | 9,175 | 0 | 0 | 0 | For |
| Global X | 7,784 | 0 | 0 | 0 | For |
| Northern Trust | 6,745 | 0 | 0 | 0 | For |
| John Hancock | 6,415 | 0 | 0 | 0 | For |
| Pacific Life | 4,148 | 0 | 0 | 0 | For |
| Nationwide | 2,982 | 0 | 0 | 0 | For |
| Bridge Builder Trust | 2,959 | 0 | 0 | 0 | For |
| ProShares | 2,763 | 0 | 0 | 0 | For |
| State Street | 2,720 | 0 | 0 | 0 | For |
| Victory Capital | 2,391 | 0 | 0 | 0 | For |
| DWS | 1,893 | 0 | 0 | 0 | For |
| Columbia Threadneedle | 1,656 | 0 | 0 | 0 | For |
| AIG/SunAmerica | 1,400 | 0 | 0 | 0 | For |
| Goldman Sachs | 900 | 0 | 0 | 0 | For |
| Calvert | 0 | 879 | 0 | 0 | Against |
Fund voting reports, all 32 managers: 1,632,771 for, 29,302 against. Showing the 25 largest; every one is in the interactive database (link above).
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Stilwell Value LLC | 6,700,526 | 0 | 0 | 0 | For |
| GEODE CAPITAL MANAGEMENT, LLC | 279,153 | 0 | 0 | 0 | For |
| BlackRock | 177,630 | 40 | 0 | 0 | For |
| State Street | 123,677 | 0 | 0 | 0 | For |
| Northern Trust | 107,006 | 0 | 0 | 0 | For |
| Renaissance | 77,392 | 0 | 0 | 0 | For |
| Citadel | 57,657 | 0 | 0 | 0 | For |
| MELLON INVESTMENTS Corp | 42,263 | 0 | 0 | 0 | For |
| Charles Schwab | 36,080 | 0 | 0 | 0 | For |
| Vanguard | 35,823 | 0 | 0 | 0 | For |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC | 0 | 29,300 | 0 | 0 | Against |
| BANK OF AMERICA NA | 23,125 | 0 | 0 | 0 | For |
| Nuveen | 17,450 | 0 | 0 | 0 | For |
| PARAMETRIC PORTFOLIO ASSOCIATES LLC | 15,380 | 0 | 0 | 0 | For |
| AllianceBernstein | 10,460 | 0 | 0 | 0 | For |
| Corient Private Wealth LLC | 10,040 | 0 | 0 | 0 | For |
| Janus Henderson | 9,694 | 0 | 0 | 0 | For |
| Orion Porfolio Solutions, LLC | 8,181 | 0 | 0 | 0 | For |
| NEW YORK STATE COMMON RETIREMENT FUND | 6,801 | 0 | 0 | 0 | For |
| John Hancock | 6,443 | 0 | 0 | 0 | For |
| Goldman Sachs | 6,391 | 0 | 0 | 0 | For |
| JPMorgan | 5,966 | 0 | 0 | 0 | For |
| T. Rowe Price | 5,061 | 0 | 0 | 0 | For |
| Universal-Investment-Gesellschaft mbH | 4,500 | 0 | 0 | 0 | For |
| Invesco | 4,417 | 0 | 0 | 0 | For |
Institutional-manager reports, all 58 managers: 7,792,492 for, 32,352 against, 3,300 not voted. Showing the 25 largest; every one is in the interactive database (link above).
Combines 2 wordings of this item as funds reported it.
99.8% Approved · of votes cast
Description as filed by funds: To ratify the appointment of Plante & Moran, PLLC as the auditors of the Corporation for the fiscal year ending December 31, 2025; and
KINGSWAY FINANCIAL SERVICES INC.’s own tally for this item (“2. Ratification of the appointment Plante & Moran, PLLC to serve as the Company's independent registered public accounting firm for 2025”): 18,645,963 for, 26,413 against — passed, per its Form 8-K filed May 21, 2025 (Item 5.07).
Reported outcome: Approved, in the filing’s own words: “Proposal 2 — Ratification of the appointment Plante & Moran, PLLC to serve as the Company's independent registered public accounting firm for 2025 was approved upon the following vote:”
Support: 99.8% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.
The 32 asset managers below reported 1,662,073 for.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 715,285 | 0 | 0 | 0 | For |
| BlackRock | 470,157 | 0 | 0 | 0 | For |
| Fidelity | 242,243 | 0 | 0 | 0 | For |
| Charles Schwab | 36,073 | 0 | 0 | 0 | For |
| Dimensional | 35,759 | 0 | 0 | 0 | For |
| Equitable | 35,421 | 0 | 0 | 0 | For |
| BRIDGEWAY FUNDS INC | 28,200 | 0 | 0 | 0 | For |
| TIAA | 17,450 | 0 | 0 | 0 | For |
| QUANTITATIVE MASTER SERIES LLC | 14,660 | 0 | 0 | 0 | For |
| Lincoln Financial | 10,100 | 0 | 0 | 0 | For |
| Janus Detroit Street Trust | 9,175 | 0 | 0 | 0 | For |
| Global X | 7,784 | 0 | 0 | 0 | For |
| Northern Trust | 6,745 | 0 | 0 | 0 | For |
| John Hancock | 6,415 | 0 | 0 | 0 | For |
| Pacific Life | 4,148 | 0 | 0 | 0 | For |
| Nationwide | 2,982 | 0 | 0 | 0 | For |
| Bridge Builder Trust | 2,959 | 0 | 0 | 0 | For |
| ProShares | 2,763 | 0 | 0 | 0 | For |
| State Street | 2,720 | 0 | 0 | 0 | For |
| Victory Capital | 2,391 | 0 | 0 | 0 | For |
| DWS | 1,893 | 0 | 0 | 0 | For |
| Columbia Threadneedle | 1,656 | 0 | 0 | 0 | For |
| AIG/SunAmerica | 1,400 | 0 | 0 | 0 | For |
| Goldman Sachs | 900 | 0 | 0 | 0 | For |
| Calvert | 879 | 0 | 0 | 0 | For |
Showing the 25 largest of 32 asset managers. All 32 are in the interactive database (link above).
Ranked separately for each type of Form N-PX report. An institutional manager can report shares that a fund it advises also reports, so the two tables can list the same shares and are never added together. Each is ranked by the shares voted on the item that the most managers of that type reported, shown as a share of the 27,537,151 shares outstanding at the time of that meeting.
| # | Asset manager | % of shares outstanding |
|---|---|---|
| 1 | Vanguard | 2.60% |
| 2 | BlackRock | 1.71% |
| 3 | Fidelity | 0.88% |
| 4 | Charles Schwab | 0.13% |
| 5 | Dimensional | 0.13% |
| 6 | Equitable | 0.13% |
| 7 | BRIDGEWAY FUNDS INC | 0.10% |
| 8 | TIAA | 0.06% |
| 9 | QUANTITATIVE MASTER SERIES LLC | 0.05% |
| 10 | Lincoln Financial | 0.04% |
| # | Asset manager | % of shares outstanding |
|---|---|---|
| 1 | Stilwell Value LLC | 24.33% |
| 2 | GEODE CAPITAL MANAGEMENT, LLC | 1.01% |
| 3 | BlackRock | 0.65% |
| 4 | State Street | 0.45% |
| 5 | Northern Trust | 0.39% |
| 6 | Renaissance | 0.28% |
| 7 | Citadel | 0.21% |
| 8 | MELLON INVESTMENTS Corp | 0.15% |
| 9 | Charles Schwab | 0.14% |
| 10 | Vanguard | 0.13% |
As disclosed to the SEC in Form 13F (quarter-end holdings of 30 large managers), Schedules 13D and 13G (beneficial ownership above 5%) and the company’s own proxy statement (DEF 14A). Each row names its form.
| Holder | % outstanding | Disclosure |
|---|---|---|
| Joseph D. Stilwell | — | DEF14A |
| Stilwell Activist Fund, L.P. | — | 13D |
| Adam J. Patinkin | — | 13D |
| Gregory P. Hannon | — | DEF14A |
| Terence M. Kavanagh | — | DEF14A |
| David Capital Partners, LLC | — | 13D |
| Oakmont Capital Inc. | — | 13D |
| Greenhaven Road Investment Management, L.P. | — | 13G |
| Capricorn Fund Managers Ltd | — | 13G |
| Charles L. Frischer | — | DEF14A |
Percentages above are of 27,537,151 shares outstanding, as reported by KINGSWAY FINANCIAL SERVICES INC. on its Form 10-Q dated May 8, 2025 (see the filing on EDGAR). This is the count contemporaneous with the 2024-2025 meeting, not today’s. Each holding is as of its own filing, which may be dated before or after the meeting.
Every figure above is derived from filings made with the US Securities and Exchange Commission: Form N-PX, in which registered funds disclose how they voted every proxy and institutional managers disclose their votes on executive pay (say-on-pay, say-on-frequency and golden parachutes), and Form 8-K Item 5.07, in which the company reports its own meeting results. Shares outstanding are taken from KINGSWAY FINANCIAL SERVICES INC.’s 10-Q dated May 8, 2025. This page is a static snapshot rebuilt weekly on November 8, 2026; a live search always shows the current data.
KINGSWAY FINANCIAL SERVICES INC. proxy season coverage: 2023-2024 · 2024-2025 (this page) · 2025-2026.
proxyvotesnow.com, “KINGSWAY FINANCIAL SERVICES (KWY) 2025 Annual Meeting: Vote Results”, https://proxyvotesnow.com/company/kingsway-financial-services-inc/2025 (version of November 8, 2026). Derived from SEC Form N-PX and Form 8-K filings; tables licensed CC BY 4.0. Licence: CC BY 4.0.