Greenlight Capital Re (GLRE) awards director 7,992 restricted shares
Rhea-AI Filing Summary
Isaacs Ian reported acquisition or exercise transactions in this Form 4 filing.
Director Ian Isaacs of Greenlight Capital Re received a grant of 7,992 ordinary shares as a restricted stock award on August 7, 2026, at $0.00 per share under the 2023 Omnibus Incentive Plan. The award vests on the earlier of the first anniversary of the grant date or the next annual general meeting of shareholders. Following the grant, he holds 57,992 ordinary shares directly and 25,000 shares each indirectly through the Isaacs Living Trust and an IRA.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 7,992 shares
Net Buy
3 txns
Insider
Isaacs Ian
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | ORDINARY SHARES F1 | 7,992 | $0.00 | $0.00 |
| holding | ORDINARY SHARES | -- | -- | -- |
| holding | ORDINARY SHARES | -- | -- | -- |
Holdings After Transaction:
ORDINARY SHARES — 57,992 shares (Direct);
ORDINARY SHARES — 25,000 shares (Indirect, By Isaacs Living Trust);
ORDINARY SHARES — 25,000 shares (Indirect, By Ian Isaacs IRA)
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
Restricted stock granted: 7,992 shares
Grant price: $0.00 per share
Direct holdings after grant: 57,992 shares
+2 more
5 metrics
Restricted stock granted
7,992 shares
Ordinary shares granted to director Ian Isaacs on August 7, 2026
Grant price
$0.00 per share
Price for restricted stock award under 2023 Omnibus Incentive Plan
Direct holdings after grant
57,992 shares
Ordinary shares directly owned by Ian Isaacs after the award
Isaacs Living Trust holdings
25,000 shares
Ordinary shares held indirectly through Isaacs Living Trust
Ian Isaacs IRA holdings
25,000 shares
Ordinary shares held indirectly through Ian Isaacs IRA
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 Omnibus"
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 director Ian Isaacs report in his GLRE Form 4 filing?
Director Ian Isaacs reported receiving a restricted stock award of 7,992 ordinary shares of Greenlight Capital Re on August 7, 2026, at $0.00 per share. The grant was issued under the company’s 2023 Omnibus Incentive Plan and increased his direct share ownership.
When will Ian Isaacs’s restricted stock award in GLRE vest?
The restricted stock award to Ian Isaacs will vest on the earlier of the first anniversary of the August 7, 2026 grant date and the next annual general meeting of shareholders. Until vesting, the award remains subject to these specified time-based conditions.
Was Ian Isaacs’s GLRE transaction made under a Rule 10b5-1 trading plan?
The Form 4 indicates the transaction was not made pursuant to a Rule 10b5-1 trading plan, as the Rule 10b5-1 checkbox is not marked and no footnote describes a trading plan. The reported activity is a compensatory restricted stock grant.