Form 4: Oxbridge Re Holdings Director Allan S. Martin Reports Share Sale

Director Allan S. Martin of Oxbridge Re Holdings Ltd. reported the sale of 7,574 ordinary shares at $3 per share on October 17, 2024.

Summary

• Allan S. Martin, a director of Oxbridge Re Holdings Ltd, filed a Form 4 indicating changes in beneficial ownership.
• On October 17, 2024, Martin sold 7,574 ordinary shares at a price of $3 per share.
• Following the transaction, Martin directly owns 269,631 ordinary shares.
• Martin also indirectly owns 68,770 shares through Fleur de Lis Partners, LLLP, and 82,723 shares through the Martin Family Foundation, Inc.
• Martin disclaims beneficial ownership of the shares held by Fleur de Lis Partners and the Martin Family Foundation, except to the extent of his pecuniary interest.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing reporting a transaction by a company insider, with no inherent positive or negative sentiment.

Industry Context

This filing is a routine disclosure required by the SEC for corporate insiders and provides transparency regarding their transactions in the company's stock.

Stakeholder Impact

• The sale of shares by a director could be perceived negatively by shareholders if they interpret it as a lack of confidence in the company's future prospects, although this single transaction is unlikely to have a significant impact.

Key Dates