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Insider at Greenlight Capital Re (GLRE) sells company shares

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
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.
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*
Diaz Sherry

(Last) (First) (Middle)
65 MARKET STREET, SUITE 1207,
CAMANA BAY, P.O. BOX 31110,

(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)
Controller
3. Date of Earliest Transaction (Month/Day/Year)
03/09/2026
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 03/09/2026 S 987 D $0(1) 96,571 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. Forfeited performance-based restricted stocks granted in 2023.
Remarks:
/s/ Sherry Diaz 03/11/2026
** 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 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.

How many Greenlight Capital Re (GLRE) shares does Sherry Diaz hold after the sale?

After the reported transaction, Sherry Diaz holds 96,571 Greenlight Capital Re ordinary shares. This figure reflects her direct ownership following the 987-share sale and helps show that the transaction affected only a small portion of her overall position.

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.
Greenlight Capital Re Ltd

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