Form 4: Oxbridge Re Holdings Director Allan S. Martin Sells Shares

Allan S. Martin, a director of Oxbridge Re Holdings, sold ordinary shares in multiple transactions on July 30, 2024.

Summary

• On July 30, 2024, Allan S. Martin, a director of Oxbridge Re Holdings Ltd, sold ordinary shares in multiple transactions.
• He sold 4,598 shares held jointly with his wife at an average price of $3.06.
• He also sold 1,898 shares held indirectly through Fleur de Lis Partners, LLLP at an average price of $3.0478.
• Additionally, he sold 1,544 shares held indirectly through the Martin Family Foundation, Inc. at an average price of $3.0556.
• Following these transactions, Martin directly owns 284,084 shares, indirectly owns 76,088 shares through Fleur de Lis Partners, LLLP, and indirectly owns 94,526 shares through the Martin Family Foundation, Inc.

Sentiment

Score: 5

Explanation: This is a neutral disclosure of share sales. The sentiment is neither positive nor negative as it simply reports transactions.

Industry Context

This filing is a routine disclosure of insider trading activity. It's common for directors and officers of publicly traded companies to buy and sell shares of their company's stock. These transactions are closely monitored by regulators to prevent insider trading.

Stakeholder Impact

• The share sales by a director could be perceived negatively by some shareholders, potentially leading to a slight decrease in investor confidence.

Key Dates