William Jarman - Mar 31, 2025 Form 4 Insider Report for Maiden Holdings, Ltd. (MHLD)

Role: SVP & Chief Actuary
Signature: /s/ William T. Jarman
Stock symbol: MHLD
Transactions as of: Mar 31, 2025
Transactions value $: $0
Form type: 4
Date filed: 4/1/2025, 09:14 AM
Previous filing: Sep 24, 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	MHLD	Common Shares	Award	$0	+76.1K	+46.89%	$0.00	238K	Mar 31, 2025	Direct	F1
transaction	MHLD	Common Shares	Tax liability	$0	-30.1K	-12.63%	$0.00	208K	Mar 31, 2025	Direct	F2

* 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 restricted shares were issued on March 17, 2023 pursuant to the 2019 Omnibus Incentive Plan, and vested in full on March 31, 2025.
F2	Disposition of common shares resulting from withholding of securities for the payment of tax liability relating to the grant described in footnote 1.