Greenlight Capital Re (GLRE) director receives 7,992-share restricted stock award
Rhea-AI Filing Summary
Foley Ursuline F reported acquisition or exercise transactions in this Form 4 filing.
GREENLIGHT CAPITAL RE, LTD. director Ursuline F. Foley received a grant of 7,992 ordinary shares as a restricted stock award under the company’s 2023 Omnibus Incentive Plan. The award will vest on the earlier of the first anniversary of the grant date and the next annual general meeting of shareholders, bringing Foley’s direct holdings to 62,092 ordinary shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 7,992 shares
Net Buy
1 txn
Insider
Foley Ursuline F
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | ORDINARY SHARES F1 | 7,992 | $0.00 | $0.00 |
Holdings After Transaction:
ORDINARY SHARES — 62,092 shares (Direct)
Footnotes (1)
- 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.
Key Figures
Shares granted: 7,992 shares
Price per share: $0.00
Shares owned after transaction: 62,092 shares
3 metrics
Shares granted
7,992 shares
Restricted stock award to director on 2026-08-07
Price per share
$0.00
Reported grant price for the restricted stock award
Shares owned after transaction
62,092 shares
Director’s direct holdings following the award
Key Terms
restricted stock award, 2023 Omnibus Incentive Plan, annual general meeting of shareholders
3 terms
restricted stock award financial
"The restricted stock award was granted pursuant to the Greenlight Capital Re, Ltd. 2023"
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
"was granted pursuant to the Greenlight Capital Re, Ltd. 2023 Omnibus Incentive Plan."
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did GREENLIGHT CAPITAL RE (GLRE) director Ursuline Foley report on this Form 4?
Ursuline F. Foley reported a grant of 7,992 ordinary shares of Greenlight Capital Re as a restricted stock award, increasing her direct ownership to 62,092 shares following the transaction.
Was the GLRE Form 4 transaction a purchase or an award?
The GLRE Form 4 reports a grant/award acquisition, not a market purchase. Foley received 7,992 ordinary shares at a reported price of $0.00 per share as part of a restricted stock award.
Does the GLRE Form 4 indicate use of a Rule 10b5-1 trading plan?
No. The Form 4 for Greenlight Capital Re does not indicate that the reported transaction was made under a Rule 10b5-1 trading plan, as the related checkbox is not marked as such.