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Controller at Greenlight Capital Re (GLRE) receives 3,808-share RSU award

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4/A

Rhea-AI Filing Summary

Greenlight Capital Re reported that Controller Sherry Diaz received an equity compensation award. Diaz acquired 3,808 ordinary shares at $0.00 per share as a grant, bringing her direct holdings to 100,379 ordinary shares.

The award relates to restricted stock units (RSUs) that will vest evenly over three years on January 1st, provided she continues serving at the company. When each portion vests, the RSUs will be converted into ordinary shares, turning the award into fully owned stock over time.

Positive

  • None.

Negative

  • None.
Insider Diaz Sherry
Role Controller
Type Security Shares Price Value
Grant/Award ORDINARY SHARES 3,808 $0.00 --
Holdings After Transaction: ORDINARY SHARES — 100,379 shares (Direct)
Footnotes (1)
  1. [object Object]
Shares granted 3,808 shares Equity grant to Controller Sherry Diaz
Grant price $0.00 per share Price for 3,808 granted ordinary shares
Total holdings after 100,379 shares Diaz’s direct ordinary share holdings post-grant
Vesting period 3 years RSUs vest evenly over three years
Vesting date January 1st Annual vesting date for RSU tranches
restricted stock units ("RSU") financial
"The restricted stock units ("RSU") will vest evenly over three years"
ordinary shares financial
"Upon vesting, the RSUs will be converted to ordinary shares."
Ordinary shares are a type of ownership stake in a company, giving shareholders a right to participate in the company’s profits and decision-making through voting. They are similar to owning a piece of a business, and their value can rise or fall based on the company's performance. Investors buy ordinary shares to potentially earn dividends and benefit from the company's growth over time.
vest financial
"will vest evenly over three years on January 1st"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
continuous service financial
"subject to the Reporting Person's continuous service with the Company"
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Diaz Sherry

(Last)(First)(Middle)
65 MARKET STREET, SUITE 1207,
CAMANA BAY, P.O. BOX 31110,

(Street)
GEORGE TOWNKY1-1205

(City)(State)(Zip)

CAYMAN ISLANDS

(Country)
2. Issuer Name and Ticker or Trading Symbol
GREENLIGHT CAPITAL RE, LTD. [ GLRE ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Controller
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
03/13/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)
03/16/2026
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
ORDINARY SHARES03/13/2026A3,808A$0(1)100,379D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. The restricted stock units ("RSU") will vest evenly over three years on January 1st, subject to the Reporting Person's continuous service with the Company. Upon vesting, the RSUs will be converted to ordinary shares.
Remarks:
In a prior filing made on March 16, 2026, due to an inadvertent administrative error, the year should have been 2026 rather than 2025 in the "Date of Earliest Transaction" and "Transaction Date". This Form 4/A is being filed to correct this.
/s/ Sherry Diaz04/07/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did GLRE report for Sherry Diaz?

Greenlight Capital Re reported that Controller Sherry Diaz received a grant of 3,808 ordinary shares at $0.00 per share. The award stems from restricted stock units that convert into ordinary shares as they vest over time.

How many Greenlight Capital Re shares does Sherry Diaz hold after this grant?

After the grant, Sherry Diaz directly holds 100,379 ordinary shares of Greenlight Capital Re. This total includes the newly acquired 3,808 shares awarded as part of an equity compensation grant recorded in the amended Form 4 filing.

How do the GLRE restricted stock units for Sherry Diaz vest?

The restricted stock units granted to Sherry Diaz vest evenly over three years on January 1st each year. Vesting is conditioned on her continuous service with the company, and each vested portion converts into ordinary shares upon vesting.

Was cash paid for the GLRE shares granted to Sherry Diaz?

No cash was paid for this award; the 3,808 ordinary shares were granted at a price of $0.00 per share. This reflects a compensation-related stock grant rather than an open-market purchase by the insider.

What type of security was granted to Sherry Diaz by GLRE?

The filing shows a grant of ordinary shares tied to restricted stock units. These RSUs will convert into Greenlight Capital Re ordinary shares as they vest over three years, subject to Diaz’s continued employment with the company.