Insider at Greenlight Capital Re (GLRE) sells company shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Greenlight Capital Re, Ltd. controller Sherry Diaz reported selling 987 ordinary shares of the company in an open-market transaction. The sale left her with 96,571 shares of Greenlight Capital Re stock, indicating she continues to hold a substantial position after this relatively small disposition.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Net Sell
1 txn
Insider
Diaz Sherry
Role
Controller
Sold
987 shs ($0.00)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | ORDINARY SHARES | 987 | $0.00 | -- |
Holdings After Transaction:
ORDINARY SHARES — 96,571 shares (Direct)
Footnotes (1)
- [object Object]
FAQ
What insider transaction did GLRE controller Sherry Diaz report?
Sherry Diaz reported an open-market sale of 987 ordinary shares of Greenlight Capital Re. The Form 4 shows this non-derivative transaction as a sale, reducing her holdings slightly while she continues to own a much larger remaining stake in the company.
Was the GLRE insider transaction a buy or a sell?
The GLRE insider transaction was a sell. The filing classifies it as an open-market sale of 987 ordinary shares, using transaction code “S,” which indicates a disposition rather than an acquisition of shares by the reporting person.
What type of security was involved in the GLRE insider transaction?
The transaction involved Greenlight Capital Re ordinary shares. The Form 4 specifies these as non-derivative securities, meaning they are the company’s common equity rather than options, warrants, or other derivative instruments linked to the stock price.
Does the Form 4 mention prior equity awards to the GLRE insider?
Yes. A footnote states the shares relate to performance-based restricted stock granted in 2023. This indicates the reported position and activity are connected to earlier equity compensation awards rather than newly initiated derivative positions or fresh grants.