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Greenlight Capital Re (GLRE) grants 6,258 RSUs to accounting chief

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

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

  • None.

Negative

  • None.
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*
Archambault Steven

(Last) (First) (Middle)
65 MARKET STREET, SUITE 1207
CAMANA BAY

(Street)
GEORGE TOWN E9 KY1-1205

(City) (State) (Zip)
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 Accounting Officer
3. Date of Earliest Transaction (Month/Day/Year)
03/13/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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 6,258 A $0(1) 16,158 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:
/s/ Steven Archambault 03/16/2026
** 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.

FAQ

What did GREENLIGHT CAPITAL RE (GLRE) disclose in this Form 4 filing?

The filing shows Chief Accounting Officer Steven Archambault received 6,258 restricted stock units as an equity award. These RSUs will convert into ordinary shares as they vest over three years, increasing his direct ownership stake to 16,158 ordinary shares.

How many GREENLIGHT CAPITAL RE (GLRE) shares did Steven Archambault acquire?

Steven Archambault was granted 6,258 restricted stock units tied to ordinary shares. He did not buy these on the open market; they were awarded as compensation and will convert into ordinary shares as each portion of the units vests over time.

What are the vesting terms of Steven Archambault’s GLRE restricted stock units?

The 6,258 restricted stock units will vest evenly over three years on January 1st of each year. Vesting is conditioned on his continuous service with the company, and each vested portion will automatically convert into ordinary shares at that time.

Did GREENLIGHT CAPITAL RE (GLRE) report an open-market stock purchase or sale?

No, this filing reports a grant of 6,258 restricted stock units to an executive rather than an open-market transaction. The units represent compensation that will convert into ordinary shares as they vest, instead of a buy or sell order in the market.

What is Steven Archambault’s GLRE share ownership after this RSU grant?

Following the grant, Steven Archambault directly holds 16,158 ordinary shares of GREENLIGHT CAPITAL RE. This figure reflects his ownership after the award of 6,258 restricted stock units, which are structured to convert into ordinary shares upon vesting over three years.

How does this GLRE Form 4 affect insider alignment with shareholders?

The award of 6,258 restricted stock units increases the executive’s equity-based stake in GREENLIGHT CAPITAL RE. Because the units vest over three years and convert into ordinary shares, they link part of his compensation to the company’s long-term performance and share value.
Greenlight Capital Re Ltd

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