STOCK TITAN

Greenlight Capital Re (GLRE) awards 6,395 RSUs vesting over three years

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

Rhea-AI Filing Summary

GREENLIGHT CAPITAL RE, LTD. reported that Head of Innovations Brian Joseph O'Reilly acquired 6,395 ordinary shares through a compensation grant of restricted stock units (RSUs). The RSUs were awarded at $0.0000 per share, indicating a non-cash equity award rather than a market purchase.

The RSUs will vest evenly over three years on January 1, provided he continues serving the company, and will convert into ordinary shares upon vesting. After this grant, he directly holds 103,530 ordinary shares, reflecting a routine equity-based incentive for an executive.

Positive

  • None.

Negative

  • None.
Insider OReilly Brian Joseph
Role Head of Innovations
Type Security Shares Price Value
Grant/Award ORDINARY SHARES 6,395 $0.00 --
Holdings After Transaction: ORDINARY SHARES — 103,530 shares (Direct)
Footnotes (1)
  1. [object Object]
RSU grant size 6,395 shares Restricted stock units awarded to Head of Innovations
Award price per share $0.0000 per share Equity grant, non-cash compensation
Total shares after grant 103,530 shares Ordinary shares directly held following transaction
Vesting period 3 years RSUs vest evenly each January 1 over three years
restricted stock units ("RSU") financial
"The restricted stock units ("RSU") will vest evenly over three years"
continuous service financial
"subject to the Reporting Person's continuous service with the Company"
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.
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*
OReilly Brian Joseph

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

(Street)
GRAND CAYMANKY1-1205

(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)
Head of Innovations
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 SHARES03/13/2026A6,395A$0(1)103,530D
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 Diaz, as attorney in fact04/07/2026
** 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 GREENLIGHT CAPITAL RE (GLRE) report for Brian O'Reilly?

GREENLIGHT CAPITAL RE reported that Head of Innovations Brian Joseph O'Reilly received 6,395 restricted stock units as an equity award. These RSUs represent a grant of compensation, not an open-market share purchase or sale, and are tied to continued employment with the company.

How many restricted stock units did GLRE grant and what is the vesting schedule?

GLRE granted 6,395 restricted stock units to Brian O'Reilly. The RSUs vest evenly over three years on January 1, subject to his continuous service with the company, and each vested unit will be converted into one ordinary share upon vesting.

Is the GLRE Form 4/A transaction a market buy or a compensation award?

The GLRE Form 4/A transaction is a compensation award, not a market buy. The 6,395 shares were acquired under transaction code A at a price of $0.0000 per share, indicating a grant or award rather than an open-market purchase of ordinary shares.

How many GREENLIGHT CAPITAL RE shares does Brian O'Reilly hold after this grant?

Following the RSU award, Brian O'Reilly directly holds 103,530 ordinary shares of GREENLIGHT CAPITAL RE. This total reflects his position after the 6,395-share grant reported in the Form 4/A, providing context for the relative size of the new equity award.

When will the GLRE RSUs convert into ordinary shares for Brian O'Reilly?

The RSUs will convert into ordinary shares upon vesting. They are scheduled to vest evenly over three years on January 1, assuming Brian O'Reilly maintains continuous service with the company, at which point each vested RSU becomes one ordinary share.