[144] GREENLIGHT CAPITAL RE, LTD. SEC Filing
Greenlight Capital Re, Ltd. (GLRE) Form 144 notice reports a proposed sale of 39 shares of common stock through Charles Schwab (3000 Schwab Way, Westlake, TX) with an approximate sale date of 09/15/2025. The filer states the 39 shares were acquired on 07/29/2025 as restricted stock awards from the issuer and the payment was for services rendered. The filing also discloses two recent sales by Ian Isaacs: 2,500 shares sold on 06/16/2025 for $36,274.15 and 13,000 shares sold on 06/24/2025 for $193,942.85. The form includes the issuer's reported number of shares outstanding: 34,198,153 and a standard attestation that the seller is not aware of undisclosed material adverse information.
- Required disclosure elements present: broker, share counts, acquisition details, and recent sales by insider are provided
- Acquisition clearly documented: 39 shares identified as restricted stock awards with date and nature of payment (services rendered)
- None.
Insights
TL;DR: Routine Form 144 filing reporting a small proposed sale and prior insider sales; contains required acquisition and sale disclosures.
The filing meets Rule 144 disclosure requirements by identifying the broker, number of shares proposed for sale, acquisition details, and recent sales by the insider. It documents that the 39 shares were received as restricted stock awards on 07/29/2025 and were paid for by services rendered, and it lists the broker and an approximate sale date of 09/15/2025. The form also discloses two prior sales by Ian Isaacs in June 2025 with gross proceeds. From a compliance perspective, the filing appears complete for the securities and transactions reported, and includes the standard signature attestations regarding material nonpublic information.
TL;DR: Insider sale activity disclosed is small in the context of reported outstanding shares; no earnings or material corporate actions reported.
The notice shows modest insider disposition activity: a proposed sale of 39 shares and two prior sales totaling 15,500 shares in June 2025 with stated gross proceeds. The filing provides the issuer's outstanding share count (34,198,153) and the broker for the proposed sale. There are no revenues, earnings, or transaction terms indicating a material corporate event. For investors, this filing documents insider liquidity but does not by itself indicate material change to the company’s capital structure or operations.