Large Oxbridge Re (OXBR) holder makes 135,134-share bona fide gift
Rhea-AI Filing Summary
Oxbridge Re Holdings Ltd large shareholder Allan S. Martin reported gifting ordinary shares rather than trading them in the market. On April 16, 2026, he made bona fide gifts totaling 135,134 ordinary shares, including 32,911 shares from his directly held joint position and 102,223 shares from an entity associated with the Martin Family Foundation.
After these gifts, Martin still directly holds 183,892 ordinary shares jointly with his spouse and indirectly holds 68,770 ordinary shares through Fleur de Lis Partners, LLLP. The filing notes he has voting and investment power over the Fleur de Lis position but disclaims beneficial ownership of those indirect holdings except to the extent of his pecuniary interest.
Positive
- None.
Negative
- None.
Insights
Large OXBR holder reports routine share gifts, not market sales.
The filing shows Allan S. Martin, a ten percent owner, made bona fide gifts of 135,134 ordinary shares. These are non-market transfers, not open-market buys or sells, so they carry limited informational value about his view of Oxbridge Re’s prospects.
Post-gift, he still directly holds 183,892 shares jointly with his spouse and indirectly holds 68,770 shares via Fleur de Lis Partners, LLLP, where he has voting and investment power. The filing states he disclaims beneficial ownership of the indirect positions except for his pecuniary interest, underscoring that part of the remaining exposure is held through related entities rather than personally.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Ordinary Shares | 32,911 | $0.6848 | $23K |
| Gift | Ordinary Shares | 102,223 | $0.73 | $75K |
| holding | Ordinary Shares | -- | -- | -- |
Footnotes (1)
- Ordinary shares held by Allan Martin and his wife, Marie Martin, jointly. Ordinary Shares indirectly held in the name of Fleur de Lis Partners, LLLP. As the general partner of Fleur de Lis Partners, LLLP, Mr. Martin has voting and investment power over the ordinary shares held by that entity. The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose, except to the extent of the reporting person's pecuniary interest in such securities. Ordinary Shares indirectly held in the name of the Martin Family Foundation, Inc. As one of the directors of the Foundation, Inc. Mr. Martin has shared voting and shared investment power over the ordinary shares held by that entity. The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose, except to the extent of the reporting person's pecuniary interest in such securities.