KEITH A. THOMAS - 26 Sep 2023 Form 4 Insider Report for Maiden Holdings, Ltd. (MHLD)

Role
Director
Signature
/s/ KEITH A. THOMAS
Issuer symbol
MHLD
Transactions as of
26 Sep 2023
Net transactions value
-$49,998
Form type
4
Filing time
28 Sep 2023, 16:09:19 UTC
Previous filing
02 Jun 2023
Next filing
04 Jun 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MHLD Common Shares Sale $49,998 -26,315 -26% $1.90 73,839 26 Sep 2023 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 These common shares were sold for tax planning purposes.