Form 4: Enstar Group Director Robert J. Campbell Reports Acquisition of Share Units

Director Robert J. Campbell reports acquisition of share units in Enstar Group LTD through deferred compensation plan.

Summary

• On October 1, 2024, Robert J. Campbell, a director of Enstar Group LTD, acquired 189.542 share units.
• These share units were granted as a result of the director's election to defer quarterly cash director fees under the Enstar Group Limited Deferred Compensation and Ordinary Share Plan for Non-Employee Directors.
• Each share unit is economically equivalent to one ordinary share and will be payable in ordinary shares upon termination of service as a board member.
• The price of the derivative security is $320.51.
• Following the transaction, Campbell beneficially owns 26,571.31 share units directly.

Sentiment

Score: 7

Explanation: The sentiment is neutral to positive as it reflects a director's continued investment in the company through a standard compensation plan.

Positives

• The acquisition of share units reflects the director's continued investment and alignment with the company's long-term performance.
• The deferred compensation plan allows directors to accumulate shares, potentially increasing their stake in the company over time.

Future Outlook

The share units will be payable in ordinary shares upon the Reporting Person's termination of service as a member of the Board of Directors of Enstar Group Limited.

Industry Context

Directors often receive share-based compensation to align their interests with those of shareholders, which is a common practice in the insurance and financial services industries.

Related Party Transactions

• The grant of share units under the Enstar Group Limited Deferred Compensation and Ordinary Share Plan for Non-Employee Directors constitutes a related party transaction.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it aligns the director's interests with the company's performance.

Key Dates