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Greenlight Capital Re (GLRE) Insider Form 144 Reports 354-Share Sale

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

Rhea-AI Filing Summary

Greenlight Capital Re, Ltd. (GLRE) has filed a Form 144 reporting a proposed sale of 354 common shares through Charles Schwab on 09/17/2025 with an aggregate market value of $4,492.26. The shares were acquired as restricted stock awards on 07/29/2025 and were issued for services rendered. The filing reports 34,198,153 shares outstanding. The notice also discloses sales by Ian Isaacs in the past three months: 2,500 shares on 06/16/2025 for $36,274.15 and 13,000 shares on 06/24/2025 for $193,942.85. Some standard issuer contact fields and the date of the notice are not filled in the submission.

Positive

  • Planned sale disclosed with broker, date, and aggregate value, satisfying Rule 144 reporting requirements
  • Acquisition origin disclosed (restricted stock awards dated 07/29/2025 issued for services), clarifying why the filer holds the shares
  • Prior insider sales disclosed with dates and gross proceeds, providing transparency on recent disposition activity

Negative

  • Administrative fields missing: issuer address/contact and the date of notice are not provided in the content
  • Small size of proposed sale (354 shares) is immaterial relative to 34,198,153 shares outstanding, limiting informational significance

Insights

TL;DR Proposed sale is immaterial relative to outstanding shares; prior insider sales are disclosed.

The reported proposed sale of 354 shares valued at $4,492.26 represents a de minimis amount versus the reported 34,198,153 shares outstanding, indicating negligible immediate market impact. The filing clearly states the acquisition method was restricted stock awarded for services on 07/29/2025, which helps explain the holding origin. Recent dispositions by Ian Isaacs (2,500 and 13,000 shares in June 2025) are disclosed with gross proceeds, providing useful context for insider activity. Overall, the filing fulfills Rule 144 reporting of intended sale and recent sales activity but does not indicate material change to capitalization or control.

TL;DR Disclosure is routine but lacks a few administrative details; no evidence of material governance events.

The form documents required insider-sale disclosures and the representation regarding material nonpublic information. It identifies the broker, class of security, acquisition date and nature, and recent sales by a named individual. However, some issuer contact fields and the notice date are blank in the provided content, which are administrative omissions that should be corrected for completeness. There is no indication of executive departures, related-party transactions beyond service-based awards, or governance actions in this filing.

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 does the GLRE Form 144 report?

The filing reports a proposed sale of 354 common shares via Charles Schwab on 09/17/2025 with aggregate market value $4,492.26.

When and how were the shares to be sold on GLRE Form 144 acquired?

The 354 shares were acquired as restricted stock awards on 07/29/2025, with the payment described as services rendered.

What insider sales in the past three months are disclosed in the filing for GLRE?

Ian Isaacs sold 2,500 shares on 06/16/2025 for $36,274.15 and 13,000 shares on 06/24/2025 for $193,942.85.

How many GLRE shares are outstanding according to the filing?

The filing shows 34,198,153 shares outstanding.

Does the filing indicate any material undisclosed information about GLRE's operations?

By signing, the filer represents they do not know of material undisclosed information; the provided content contains no evidence of material nonpublic information.
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