Hallmark Financial executive chairman buys 130,792 additional shares

By Lisa Kerner

Charlotte, N.C., April 21 - Hallmark Financial Services, Inc. shareholder Detroit Stoker Co., an affiliate of Hallmark executive chairman Mark E. Schwarz and Newcastle Partners, LP, bought 130,792 shares between April 8 and April 20 priced from $6.65 to $6.80 each.

The transactions were reported in a schedule 13D/A filed on Tuesday with the Securities and Exchange Commission.

Between March 31 and April 6, the investors bought 71,279 shares and reported a 51.9% ownership interest, a prior SEC filing said.

Schwarz beneficially owns 11,074,230 shares, or 53.1%, of the Fort Worth property and casualty insurer.

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