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Greenlight Capital Re (NASDAQ: GLRE) awards 7,992 restricted shares to director

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Form Type
4

Rhea-AI Filing Summary

Platt Joseph P JR reported acquisition or exercise transactions in this Form 4 filing.

Greenlight Capital Re, Ltd. director Joseph P. Platt Jr. received a grant of 7,992 ordinary shares as a restricted stock award on 2026-08-07 under the 2023 Omnibus Incentive Plan. The award vests on the earlier of the first anniversary of the grant date and the next annual general meeting of shareholders. Following this award, he directly holds 177,611 ordinary shares.

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Insider Platt Joseph P JR
Role Director
Type Security Shares Price Value
Grant/Award ORDINARY SHARES F1 7,992 $0.00 $0.00
Holdings After Transaction: ORDINARY SHARES — 177,611 shares (Direct)
Footnotes (1)
  1. F1. The restricted stock award was granted pursuant to the Greenlight Capital Re, Ltd. 2023 Omnibus Incentive Plan. This award will vest on the earlier of the first anniversary of the grant date and the next annual general meeting of shareholders.
Restricted shares granted 7,992 ordinary shares Restricted stock award to director Joseph P. Platt Jr on 2026-08-07
Grant price per share $0.0000 per share Stated transaction price for the restricted stock award
Shares held after transaction 177,611 ordinary shares Director’s direct holdings following the award
Grant date 2026-08-07 Date of the restricted stock award under the 2023 Omnibus Incentive Plan
restricted stock award financial
"The restricted stock award was granted pursuant to the Greenlight Capital Re, Ltd. 2023 Omnibus"
A restricted stock award is company shares given to an employee or executive that cannot be sold or fully owned until certain conditions—like staying with the company for a set time or hitting performance targets—are met. Think of it as a gift that only becomes yours after you fulfill specific obligations; for investors, these awards matter because they can increase the total shares outstanding when they vest, reveal how management is being paid and motivated, and create potential selling pressure when restrictions lift.
2023 Omnibus Incentive Plan financial
"granted pursuant to the Greenlight Capital Re, Ltd. 2023 Omnibus Incentive Plan."
annual general meeting of shareholders financial
"vest on the earlier of the first anniversary of the grant date and the next annual general meeting"

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FAQ

What insider transaction did GLRE director Joseph P. Platt Jr report?

Joseph P. Platt Jr reported receiving a restricted stock award of 7,992 ordinary shares of Greenlight Capital Re, Ltd. The grant was made on 2026-08-07 and was issued as a director equity award rather than through an open-market purchase.

When will Joseph P. Platt Jr’s new GLRE restricted shares vest?

The 7,992 restricted shares will vest on the earlier of the first anniversary of the 2026-08-07 grant date and Greenlight Capital Re, Ltd.’s next annual general meeting of shareholders, providing a time- or event-based vesting condition tied to board service.

How many GLRE shares does Joseph P. Platt Jr own after this award?

After the restricted stock award, Joseph P. Platt Jr directly holds 177,611 ordinary shares of Greenlight Capital Re, Ltd. This figure reflects his direct ownership position immediately following the 7,992-share grant reported in the Form 4 filing.

Was the GLRE transaction by Joseph P. Platt Jr a market purchase or a grant?

The transaction was a grant of restricted stock, not an open-market purchase. Joseph P. Platt Jr received 7,992 ordinary shares at a stated price of $0.0000 per share, consistent with an equity award under the company’s incentive plan.

Under what plan was Joseph P. Platt Jr’s GLRE stock award granted?

The 7,992-share restricted stock award to Joseph P. Platt Jr was granted under the Greenlight Capital Re, Ltd. 2023 Omnibus Incentive Plan. This plan provides the framework for equity-based compensation such as restricted stock awards to company directors and other participants.
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*
Platt Joseph P JR

(Last)(First)(Middle)
C/O GREENLIGHT CAPITAL RE, LTD
65 MARKET STREET, SUITE 1207, CAMANA BAY

(Street)
GEORGE TOWNKY11205

(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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/07/2026
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)

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 SHARES08/07/2026A7,992A$0(1)177,611D
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 award was granted pursuant to the Greenlight Capital Re, Ltd. 2023 Omnibus Incentive Plan. This award will vest on the earlier of the first anniversary of the grant date and the next annual general meeting of shareholders.
Remarks:
/s/ Sherry Diaz, as attorney in fact08/07/2026
** 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)