Greenlight Capital Re grants RSUs to accounting chief
GREENLIGHT CAPITAL RE, LTD. granted Chief Accounting Officer Steven Archambault 6,258 ordinary shares in the form of restricted stock units.
Rhea-AI Filing Summary
GREENLIGHT CAPITAL RE, LTD. granted Chief Accounting Officer Steven Archambault 6,258 ordinary shares in the form of restricted stock units. These RSUs were awarded at no cash cost to him and are part of his equity-based compensation.
The RSUs will vest evenly over three years on January 1st, as long as he continues serving the company. When each portion vests, it will convert into ordinary shares. After this grant, Archambault directly holds 16,158 ordinary shares, giving him more equity exposure to the company’s performance.
Positive
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | ORDINARY SHARES | 6,258 | $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.
FAQ
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What did GREENLIGHT CAPITAL RE (GLRE) disclose in this Form 4 filing?
What are the vesting terms of Steven Archambault’s GLRE restricted stock units?
Did GREENLIGHT CAPITAL RE (GLRE) report an open-market stock purchase or sale?
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