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Greenlight Capital Re insider filing: 8,000 shares to be sold via Charles Schwab

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Greenlight Capital Re, Ltd. (GLRE) notice states an intended sale of 8,000 common shares through Charles Schwab on Nasdaq with an aggregate market value of $100,160 and approximately 34,198,153 shares outstanding. The shares were acquired as restricted stock awards from the issuer on 07/29/2025 and payment was for services rendered. The filer also reported two recent open-market sales by the same person: 2,500 shares on 06/16/2025 for $36,274.15 and 13,000 shares on 06/24/2025 for $193,942.85. The notice includes the standard representation that the seller is not aware of undisclosed material adverse information.

Positive

  • Transaction details are fully disclosed, including broker, exchange, quantities, and market value
  • Origin of shares is stated (restricted stock awards dated 07/29/2025 paid for services rendered), improving transparency
  • Prior recent sales are reported (2,500 and 13,000 shares), providing historical context on insider liquidity

Negative

  • No additional company-specific information is provided beyond the sales activity; the filing does not disclose any material operational or financial data

Insights

TL;DR: Routine insider resale notice; modest position being sold following recent larger disposals.

The Form 144 documents a proposed sale of 8,000 common shares with an indicated market value of $100,160, to be executed through Charles Schwab on Nasdaq. The shares originated from restricted stock awards dated 07/29/2025 and were paid as consideration for services rendered, which is consistent with typical equity compensation settlements. The filer also disclosed two recent sales in June totaling 15,500 shares generating approximately $230,217, which provides context on recent insider liquidity. This filing appears procedural and does not present additional company disclosures or material events beyond the reported sales.

TL;DR: Disclosure aligns with Rule 144 requirements; no governance red flags shown in this notice.

The notice supplies required details: class, broker, quantity, acquisition date, and nature of acquisition (restricted awards). Reporting the grant date (07/29/2025) and that payment was for services rendered clarifies the origin of the shares. The inclusion of prior sales on 06/16/2025 and 06/24/2025 increases transparency about insider disposition activity. The signer affirms no material nonpublic information is known, which is the standard attestation on this form. There is no evidence in the filing of any governance actions or disclosures beyond routine insider selling activity.

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

FAQ

What is GLRE selling according to this Form 144?

The filer intends to sell 8,000 common shares of GLRE through Charles Schwab on Nasdaq, with an aggregate market value of $100,160.

Where and when were the shares being sold acquired?

The 8,000 shares were acquired as restricted stock awards from the issuer on 07/29/2025 and were paid as consideration for services rendered.

Has the filer sold GLRE shares recently?

Yes. The filer reported sales of 2,500 shares on 06/16/2025 for $36,274.15 and 13,000 shares on 06/24/2025 for $193,942.85.

Who is the broker handling the proposed sale?

The broker named is Charles Schwab & Co, located at 3000 Schwab Way, Westlake, TX 76262.

Does the filing state there is undisclosed material information?

The signer represents they do not know of any material adverse information about the issuer that has not been publicly disclosed.
Greenlight Capital Re Ltd

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