Greenlight Capital Re (GLRE) director awarded 7,992 restricted shares
Rhea-AI Filing Summary
Goldberg Leonard R reported acquisition or exercise transactions in this Form 4 filing.
GREENLIGHT CAPITAL RE, LTD. director Leonard R. Goldberg received a grant of 7,992 ordinary shares as a restricted stock award at $0.0000 per share under the 2023 Omnibus Incentive Plan. Following this award, he directly holds 250,597 ordinary shares, with additional indirect holdings through family trusts.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 7,992 shares
Net Buy
3 txns
Insider
Goldberg Leonard R
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | ORDINARY SHARES F1 | 7,992 | $0.00 | $0.00 |
| holding | ORDINARY SHARES F2 | -- | -- | -- |
| holding | ORDINARY SHARES F3 | -- | -- | -- |
Holdings After Transaction:
ORDINARY SHARES — 250,597 shares (Direct);
ORDINARY SHARES — 46,870 shares (Indirect, See footnote)
Footnotes (3)
- 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.
- F2. These shares are held for the account of a trust for which the Reporting Person retains beneficial ownership.
- F3. These shares are held for the account of a trust for the behalf of the Reporting Person's immediate family members. The Reporting Person's spouse is trustee of the trust.
Key Figures
Restricted shares granted: 7,992 ordinary shares
Grant price per share: $0.0000 per share
Direct holdings after transaction: 250,597 ordinary shares
3 metrics
Restricted shares granted
7,992 ordinary shares
Equity award to director Leonard R. Goldberg on 2026-08-07
Grant price per share
$0.0000 per share
Price of restricted stock award to Leonard R. Goldberg
Direct holdings after transaction
250,597 ordinary shares
Leonard R. Goldberg’s direct ownership following the award
Key Terms
restricted stock award, 2023 Omnibus Incentive Plan, beneficial ownership
3 terms
restricted stock award financial
"The restricted stock award was granted pursuant to the Greenlight Capital Re, Ltd. 2023 Omnibus Incentive Plan."
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
"The restricted stock award was granted pursuant to the Greenlight Capital Re, Ltd. 2023 Omnibus Incentive Plan."
beneficial ownership financial
"These shares are held for the account of a trust for which the Reporting Person retains beneficial ownership."
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider equity award did Leonard R. Goldberg report at GLRE?
Leonard R. Goldberg reported a grant of 7,992 restricted ordinary shares of Greenlight Capital Re, Ltd. The award was granted at $0.0000 per share under the company’s 2023 Omnibus Incentive Plan, increasing his directly held stake to 250,597 ordinary shares.
Were Leonard R. Goldberg’s GLRE transactions under a Rule 10b5-1 plan?
The filing’s Rule 10b5-1 checkbox is not affirmatively marked for a trading plan, indicating the reported grant was not designated as executed under a Rule 10b5-1 trading arrangement. The transaction instead reflects an equity compensation award under the company’s 2023 Omnibus Incentive Plan.
How are Leonard R. Goldberg’s indirect GLRE holdings structured?
The filing notes indirect holdings in trusts. One trust is for which he retains beneficial ownership, and another is for his immediate family members, where his spouse acts as trustee. Exact share amounts for these trusts are not specified in the reported entries.