Form 4: Oxbridge Re Director and 10% Owner Reports Pre-Planned Share Sales

Allan S. Martin, a Director and 10% Owner of Oxbridge Re Holdings Ltd, reported multiple sales of Ordinary Shares in early July 2025, executed under a Rule 10b5-1 trading plan.

Summary

• Allan S. Martin, a Director and 10% Owner of Oxbridge Re Holdings Ltd (OXBR), reported multiple sales of Ordinary Shares between July 9, 2025, and July 11, 2025.
• On July 9, 2025, 500 Ordinary Shares were sold directly at $2.06 per share, and 500 Ordinary Shares were sold indirectly through the Martin Family Foundation, Inc. at $2.1145 per share.
• On July 10, 2025, an additional 1,000 Ordinary Shares were sold indirectly through the Martin Family Foundation, Inc. at $2.065 per share.
• On July 11, 2025, 2,000 Ordinary Shares were sold indirectly through the Martin Family Foundation, Inc. at $2.2233 per share.
• These transactions were conducted pursuant to a Rule 10b5-1(c) contract, instruction, or written plan.
• Following these transactions, Allan S. Martin beneficially owns a total of 412,124 Ordinary Shares, comprising 239,131 shares held directly (jointly with wife), 68,770 shares held indirectly through Fleur de Lis Partners, LLLP, and 104,223 shares held indirectly through the Martin Family Foundation, Inc.

Sentiment

Score: 5

Explanation: The sale of shares by a director and 10% owner is generally a neutral to slightly negative signal, but the disclosure that it was executed under a Rule 10b5-1 plan mitigates concerns, suggesting a pre-planned liquidity event rather than a reaction to new negative information.

Positives

• The reported share sales were executed under a Rule 10b5-1(c) plan, indicating that these were pre-scheduled transactions rather than a reaction to new, negative material non-public information.

Negatives

• A Director and 10% Owner selling shares, even under a pre-planned program, can be perceived as a reduction in insider alignment with shareholder interests.

Future Outlook

NA

Industry Context

NA

Corporate Governance

Related Party Transactions

• Indirect beneficial ownership of 68,770 Ordinary Shares held in the name of Fleur de Lis Partners, LLLP, where Mr. Martin serves as the general partner with voting and investment power.
• Indirect beneficial ownership of 104,223 Ordinary Shares held in the name of the Martin Family Foundation, Inc., where Mr. Martin is one of the directors with shared voting and investment power.

Stakeholder Impact

• Shareholders may interpret the sales by a significant insider as a potential signal, although the 10b5-1 plan mitigates concerns about opportunistic selling.

Key Dates

Recommendation

Keywords

Oxbridge Re Holdings, OXBR, Allan S. Martin, insider trading, Form 4, beneficial ownership, stock sale, 10b5-1 plan, director, 10% owner