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Greenlight Capital Re officer proposes $411K share sale

The notice lists an approximate sale date of November 5, 2026, and identifies Charles Schwab Corp. and Nasdaq in the transaction details.

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Form Type
144

Rhea-AI Filing Summary

Greenlight Capital Re, Ltd. officer Richard Paul Strommer reported a proposed sale of 25,000 common shares, with an aggregate market value of $411,000.00 and an approximate sale date of November 5, 2026. The transaction details identify Charles Schwab Corp. as broker and Nasdaq as the exchange; restricted stock awards from the issuer are listed as the securities’ acquisition source.

Proposed sale 25,000 common shares Approximate sale date: November 5, 2026
Aggregate market value $411,000.00 Proposed sale
Shares outstanding 32,240,043 shares Issuer shares outstanding listed alongside the proposed sale
Restricted stock award 11,531 shares Award dated March 15, 2019, listed as acquired from the issuer
Restricted stock award 11,161 shares Award dated March 16, 2020, listed as acquired from the issuer
Restricted stock award 8,170 shares Award dated March 15, 2021, listed as acquired from the issuer
Restricted Stock Awards financial
"Restricted Stock Awards | Issuer"
Restricted stock awards are company shares given to employees or executives that cannot be sold or transferred until certain conditions — like staying with the company for a set time or meeting performance targets — are met, like a gift that is locked in a safe until rules are satisfied. Investors care because these awards tie management’s pay to company performance, can increase the number of shares outstanding when they become tradable (dilution), and may signal expected future selling pressure or commitment to long-term growth.
Rule 144 regulatory
"definition of "person" in paragraph (a) of Rule 144"
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
person regulatory
"definition of "person" in paragraph (a) of Rule 144"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many GLRE shares did Richard Paul Strommer propose to sell?

Richard Paul Strommer reported a proposed sale of 25,000 common shares, with an aggregate market value of $411,000.00. The approximate sale date is November 5, 2026.

Which GLRE restricted stock awards are listed as the source of the shares?

The listed awards are 11,531 shares dated March 15, 2019, 11,161 shares dated March 16, 2020, and 8,170 shares dated March 15, 2021. Each is identified as a restricted stock award from the issuer.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

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