Form 4: Oxbridge Re Holdings Director, Dwight Lyndon Merren, Reports Share Grant and Disposal

Sentiment:

SEC Form 4 Filing


Dwight Lyndon Merren, a director of Oxbridge Re Holdings, reported the acquisition of 23,809 ordinary shares through a grant and the disposal of 34,358 ordinary shares on April 15, 2024.

Summary

  • On April 15, 2024, Dwight Lyndon Merren, a director of Oxbridge Re Holdings Ltd, reported a transaction involving the company's ordinary shares.
  • Merren acquired 23,809 ordinary shares through a grant under the Issuer's Non-Employee Director Compensation Program.
  • The acquisition price was $0 per share.
  • Merren also disposed of 34,358 ordinary shares.
  • Following these transactions, Merren beneficially owns 34,358 ordinary shares.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing share transactions by a company director. It doesn't inherently convey positive or negative sentiment.

Positives

  • The grant of restricted ordinary shares to the director aligns with the company's Non-Employee Director Compensation Program, incentivizing directors.

Industry Context

This filing is a routine disclosure related to insider transactions and is a standard practice for publicly traded companies to ensure transparency.

Stakeholder Impact

  • The transaction provides transparency to shareholders regarding director's holdings.

Key Dates

DateDescription
04/15/2024Date of the share grant and disposal transaction.
04/16/2024Date of signature for the Form 4 filing.

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