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

Director Allan S. Martin of Oxbridge Re Holdings Ltd. reports selling shares in multiple transactions on July 26 and July 29, 2024.

Summary

• Allan S. Martin, a director of Oxbridge Re Holdings Ltd., filed a Form 4 indicating changes in beneficial ownership.
• On July 26, 2024, Martin sold 11,433 ordinary shares at an average price of $3.09.
• On the same day, he sold 3,800 ordinary shares at an average price of $3.1095 and 2,770 ordinary shares at an average price of $3.1195.
• On July 29, 2024, Martin sold 3,738 ordinary shares at an average price of $3.08.
• Additionally, on July 29, 2024, he sold 1,214 ordinary shares at an average price of $3.0779 and 1,230 ordinary shares at an average price of $3.0859.
• Following these transactions, Martin directly owns 288,682 ordinary shares jointly with his wife.
• He also indirectly owns 77,986 shares through Fleur de Lis Partners, LLLP, and 96,070 shares through the Martin Family Foundation, Inc.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing, so the sentiment is neutral. It simply reports transactions.

Industry Context

This filing is a routine disclosure related to insider trading activity, which is common among publicly traded companies. It provides transparency into the transactions of company insiders.

Stakeholder Impact

• The sale of shares by a director could be perceived negatively by some shareholders, potentially leading to a slight decrease in stock price, although the amounts are not significant.

Key Dates