Oxbridge Re subsidiary adopts 2024 equity plan; grants restricted shares and options to executives

OXBRIDGE RE HOLDINGS Ltd

SPH 2024 Equity Incentive Plan adopted, reserving 750,000 SPH ordinary shares for awards.
CEO Jay Madhu awarded 125,300 restricted SPH shares and options for 365,400 shares at $15 strike.
CFO Wrendon Timothy awarded 53,700 restricted shares and options for 156,600 shares at $15.
Non-employee directors each awarded 2,000 restricted shares; shares vest ratably over 1 year, options over 4 years.
Grants exempt from registration under Securities Act Section 4(a)(2); issued by wholly owned subsidiary SurancePlus Holdings.

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