4//SEC Filing
Ledbetter Terry Lee 4
Accession 0001104659-25-054430
CIK 0002055116other
Filed
May 28, 8:00 PM ET
Accepted
May 29, 9:59 PM ET
Size
5.9 KB
Accession
0001104659-25-054430
Insider Transaction Report
Form 4
Ledbetter Terry Lee
DirectorExecutive Chairman10% Owner
Transactions
- Award
Common Shares
2025-05-27+905,882→ 905,882 total(indirect: See footnote)
Footnotes (2)
- [F1]On May 27, 2025, pursuant to that certain Combination Agreement (as amended, the "Combination Agreement"), dated as of December 29, 2024, by and between Kestrel Group, LLC ("Kestrel"), all of the equityholders of Kestrel, Maiden Holdings, Ltd. ("Maiden"), Ranger U.S. Newco LLC, Ranger Bermuda Merger Sub Ltd, Ranger Merger Sub 2 LLC and Kestrel Group Ltd (f/k/a Ranger Bermuda Topco Ltd) (the "Issuer"), Maiden became a wholly-owned subsidiary of the Issuer (the "Merger"). In connection with the Merger, the Kestrel equityholders received an aggregate of $40,000,000 in cash and 2,750,000 Issuer common shares. The reported amount represents the reporting person's proportionate interest in the 2,750,000 Issuer common shares issued to the Kestrel equityholders.
- [F2]Represents securities held by Kestrel Intermediate Ledbetter Holdings LLC ("KILH"). The reporting person is a co-trustee of the Terry Lee Ledbetter and Reta Laurie Ledbetter 2000 Revocable Trust (which holds a 50% interest in KILH).
Documents
Issuer
Ranger Bermuda Topco Ltd
CIK 0002055116
Entity typeother
Related Parties
1- filerCIK 0001622558
Filing Metadata
- Form type
- 4
- Filed
- May 28, 8:00 PM ET
- Accepted
- May 29, 9:59 PM ET
- Size
- 5.9 KB