Kestrel Group Ltd - Form 8-K Filing

Kestrel Group Ltd announced on March 10, 2026, that the Compensation Committee approved restricted share awards (RSAs) for fiscal year 2026 totaling $650,000 each for Mr. Terry Ledbetter, Mr. Bradford Ledbetter, and Mr. Haveron. Additionally, RSAs totaling $1,300,000 each were approved for the same individuals for fiscal year 2025, as they did not receive equity awards in that year. The 2025 RSAs will vest in three installments starting on the grant date (March 18, 2026), with the remainder vesting on the first two anniversaries. The 2026 RSAs will vest in three equal installments on the first three anniversaries of the grant date. The company also reported that Mr. Haveron's previously granted performance-based equity awards from Maiden Holdings, Ltd. were cancelled for no consideration as they were no longer capable of vesting or being earned.