Greenlight Capital Re (GLRE) awards CFO 7,705-share equity grant

Rhea-AI Filing Summary

GREENLIGHT CAPITAL RE, LTD. reported that Chief Financial Officer Faramarz Romer received a grant of 7,705 ordinary shares at no cost, reflecting a share-based compensation award rather than a market purchase or sale.

The award relates to restricted stock units that will vest evenly over three years on January 1, subject to his continuous service with the company, and will convert into ordinary shares upon vesting. Following this grant, he holds 160,186 ordinary shares directly.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Romer Faramarz

Role Chief Financial Officer

Type	Security	Shares	Price	Value
Grant/Award	ORDINARY SHARES	7,705	$0.00	--

Holdings After Transaction: ORDINARY SHARES — 160,186 shares (Direct)

Footnotes (1)

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Key Figures

Shares granted: 7,705 shares Grant price: $0.0000 per share Shares after transaction: 160,186 shares +1 more

4 metrics

Shares granted 7,705 shares Ordinary shares granted to CFO on March 13, 2026

Grant price $0.0000 per share Equity compensation, not an open-market purchase

Shares after transaction 160,186 shares CFO’s direct holdings following the grant

Vesting schedule 3 years RSUs vest evenly over three years on January 1

Key Terms

restricted stock units ("RSU"), vest evenly over three years, continuous service, converted to ordinary shares

4 terms

restricted stock units ("RSU") financial

"The restricted stock units ("RSU") will vest evenly over three years"

vest evenly over three years financial

"will vest evenly over three years on January 1st"

continuous service financial

"subject to the Reporting Person's continuous service with the Company"

converted to ordinary shares financial

"Upon vesting, the RSUs will be converted to ordinary shares"

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED 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^*

Romer Faramarz

(Last) (First) (Middle)

65 MARKET STREET, SUITE 1207,

CAMANA BAY, P.O. BOX 31110

(Street)

GEORGE TOWN KY11205

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Financial Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/13/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
ORDINARY SHARES	03/13/2026		A		7,705	A	$0(1)	160,186	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount 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 fact	04/07/2026
	** Signature of Reporting Person	Date
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’s CFO report on this Form 4/A?

GLRE’s Chief Financial Officer Faramarz Romer reported receiving a grant of 7,705 ordinary shares at no cost. This represents equity compensation rather than an open-market trade and increases his directly held stake in Greenlight Capital Re.

Is the GLRE CFO’s 7,705-share award a stock purchase or a grant?

The 7,705 shares are a grant, not an open-market purchase. They stem from restricted stock units awarded as compensation, which will convert into ordinary shares when the units vest over the specified schedule.

How do the GLRE CFO’s restricted stock units vest over time?

The restricted stock units vest evenly over three years on January 1, according to the filing. Each vesting tranche is contingent on the CFO’s continuous service with Greenlight Capital Re and will convert into ordinary shares upon vesting.

How many GLRE shares does the CFO hold after this Form 4/A transaction?

After the reported grant, the CFO directly holds 160,186 ordinary shares of Greenlight Capital Re. This total includes the new 7,705-share award reflected in the filing, showing his updated post-transaction ownership position.

Does the GLRE CFO pay anything for the 7,705-share equity award?

The CFO does not pay cash for this award. The transaction price per share is reported as 0.0000, indicating a compensatory grant of equity rather than a purchase made in the open market at a set share price.

What triggers conversion of the GLRE CFO’s RSUs into ordinary shares?

The RSUs convert into ordinary shares upon vesting. Vesting occurs evenly over three years on January 1, provided the CFO maintains continuous service with Greenlight Capital Re throughout the applicable vesting periods described in the filing.