Mark O. Heintzman - 27 May 2025 Form 4 Insider Report for Maiden Holdings, Ltd. (MHLD)

Signature
/s/ Mark O. Heintzman
Issuer symbol
MHLD
Transactions as of
27 May 2025
Net transactions value
$0
Form type
4
Filing time
28 May 2025, 08:32:08 UTC
Previous filing
01 Apr 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Heintzman Mark O Senior Vice President Finance C/O MAIDEN HOLDINGS, LTD., 11 BERMUDIANA ROAD, MAILBOXES SUITE 1141, PEMBROKE, BERMUDA /s/ Mark O. Heintzman 27 May 2025 0001999013

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MHLD Common Shares Disposed to Issuer -104,432 -100% 0 27 May 2025 Direct F1, F2
transaction MHLD Restricted Common Shares Disposed to Issuer -107,527 -100% 0 27 May 2025 Direct F2, F3
* 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 The total reported includes all Maiden common shares held by the Reporting Person.
F2 On May 27, 2025, Kestrel Group LLC, the equityholders of Kestrel Group LLC, Maiden Holdings, Ltd. ('Maiden'), Ranger U.S. Newco LLC, Ranger Bermuda Merger Sub Ltd, Ranger Bermuda Topco Ltd ('Bermuda NewCo') and Ranger Merger Sub 2 LLC consummated a transaction under a combination agreement, pursuant to which each common share of Maiden was automatically canceled and converted into the right to receive one-twentieth (0.05) of a Bermuda NewCo common share. In addition, each restricted share of Maiden that was outstanding immediately prior to the closing, whether or not then vested, was converted automatically into one-twentieth (0.05) of a Bermuda NewCo restricted share.
F3 The total reported includes all Maiden restricted shares held by the Reporting Person.