STOCK TITAN

Greenlight Capital Re (GLRE) grants 4,623 RSUs to Chief Actuary Strommer

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

Rhea-AI Filing Summary

GREENLIGHT CAPITAL RE, LTD. Chief Actuary Richard Paul Strommer reported an equity compensation award. He acquired 4,623 ordinary-share–linked restricted stock units at no cash cost, bringing his directly held stake to 72,648 ordinary shares.

The RSUs will vest in equal installments over three years on January 1, subject to his continued service, and convert into ordinary shares upon vesting. This reflects routine stock-based compensation rather than an open-market purchase or sale.

Positive

  • None.

Negative

  • None.
Insider Strommer Richard Paul
Role Chief Actuary
Type Security Shares Price Value
Grant/Award ORDINARY SHARES 4,623 $0.00 --
Holdings After Transaction: ORDINARY SHARES — 72,648 shares (Direct)
Footnotes (1)
  1. [object Object]
RSUs granted 4,623 units Equity award to Chief Actuary on March 13, 2026
Grant price $0.00 per unit Compensation grant, not open-market purchase
Shares held after 72,648 shares Direct ordinary share holdings post-transaction
Vesting period 3 years RSUs vest evenly over three years on January 1
Security title Ordinary shares Underlying security for restricted stock units
restricted stock units ("RSU") financial
"The restricted stock units ("RSU") will vest evenly over three years"
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.
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.
grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
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*
Strommer Richard Paul

(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)
Chief Actuary
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 SHARES03/13/2026A4,623A$0(1)72,648D
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 did GLRE Chief Actuary Richard Strommer report in this Form 4/A?

He reported an equity award of 4,623 restricted stock units tied to ordinary shares at no cash cost. These units were granted as compensation and will convert into ordinary shares as they vest over time, increasing his equity-based interest.

How many Greenlight Capital Re (GLRE) shares does Richard Strommer hold after this award?

After the reported grant, Richard Strommer directly holds 72,648 ordinary shares. This total reflects his position following the acquisition of 4,623 additional restricted stock units that will convert into ordinary shares when they vest in future years.

What are the vesting terms of Richard Strommer’s RSU grant at GLRE?

The 4,623 restricted stock units will vest evenly over three years on January 1 of each year, assuming he continues serving the company. On each vesting date, the corresponding portion of RSUs will be converted into ordinary shares of Greenlight Capital Re.

Did Richard Strommer buy or sell GLRE shares on the open market?

No, this filing shows a grant of restricted stock units as compensation, not an open-market trade. The award was recorded at a price of $0.00 per unit and will convert into ordinary shares upon vesting, rather than reflecting a purchase or sale decision.

Is this insider Form 4/A for GLRE a routine compensation event?

Yes, the transaction is coded as a grant or award acquisition of 4,623 restricted stock units that vest over three years. Such RSU grants are a common form of executive and officer compensation, rather than a discretionary market trade in the company’s stock.