Greenlight Capital Re CFO granted 7,705 shares
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.
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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
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | ORDINARY SHARES | 7,705 | $0.00 | $0.00 |
Footnotes (1)
- F1. 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.
Key Figures
Key Terms
restricted stock units ("RSU") financial
vest evenly over three years financial
continuous service financial
FAQ
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What insider transaction did GLRE’s CFO report on this Form 4/A?
How do the GLRE CFO’s restricted stock units vest over time?
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