Form 4: Maiden Holdings SVP & Chief Actuary Reports Changes in Beneficial Ownership
SEC Form 4 Filing
William Jarman, SVP & Chief Actuary of Maiden Holdings, reports transactions involving common shares, including acquisition and disposition due to tax liability.
Summary
- On March 31, 2024, William Jarman, SVP & Chief Actuary of Maiden Holdings, reported changes in beneficial ownership of the company's common shares.
- Jarman acquired 78,431 common shares at $0, which vested on March 31, 2022.
- He also disposed of 28,028 common shares at $0 to cover tax liabilities related to the vesting of restricted shares.
- Following these transactions, Jarman directly owns 166,345 common shares.
- The report includes a correction to a scrivener's error from a previous Form 4 filing on March 31, 2023.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing, reflecting standard reporting of insider transactions. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities and ownership positions in the company.
Stakeholder Impact
- The filing provides transparency to shareholders regarding insider transactions, which can influence investor confidence.
Key Dates
| Date | Description |
|---|---|
| March 15, 2022 | Restricted shares were issued pursuant to the 2019 Omnibus Incentive Plan. |
| March 31, 2022 | Restricted shares vested in full. |
| March 31, 2023 | Date of the original Form 4 filing that contained a scrivener's error. |
| March 31, 2024 | Date of the reported transactions (acquisition and disposition of shares). |
| April 02, 2024 | Date of signature on the Form 4 filing. |
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