Form 4: Oxbridge Re Holdings Director Allan S. Martin Sells Shares
SEC Form 4
Allan S. Martin, a director at Oxbridge Re Holdings, recently sold shares of the company's ordinary stock in multiple transactions.
Summary
- On August 5, 2024, Allan S. Martin, a director of Oxbridge Re Holdings Ltd, sold ordinary shares in multiple transactions.
- He sold 2,293 shares at $3 each.
- He also sold 2,690 shares indirectly held through Fleur de Lis Partners, LLLP at $3.0463 each.
- Additionally, he sold 36 shares indirectly held through the Martin Family Foundation, Inc. at $3 each.
- Following these transactions, Martin directly owns 281,791 shares and indirectly owns 73,398 shares through Fleur de Lis Partners, LLLP and 94,490 shares through the Martin Family Foundation, Inc.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of share sales by a company director. It doesn't inherently indicate positive or negative sentiment, but rather provides factual information about insider transactions.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC when a company insider, such as a director, buys or sells shares of their company. It provides transparency to the market regarding the transactions of company insiders.
Stakeholder Impact
- Shareholders may be interested in this information as it provides insight into the actions of a company director.
- The market may react to the news of the share sale, although the volume of shares sold is relatively small.
Key Dates
| Date | Description |
|---|---|
| 08/05/2024 | Date of share sale transactions |
| 08/07/2024 | Date of signature by Attorney-in-Fact |
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