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Greenlight Capital Re (GLRE) awards director 7,992 restricted shares

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Form Type
4

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.

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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)
  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.
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
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."
annual general meeting of shareholders regulatory
"will vest on the earlier of the first anniversary of the grant date and the next annual general meeting"

AI-generated analysis. How Rhea-AI works. Not financial advice.

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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.

How many Greenlight Capital Re (GLRE) shares were granted to Ian Isaacs and at what price?

Ian Isaacs was granted 7,992 ordinary shares of Greenlight Capital Re at a price of $0.00 per share. These shares were issued as a restricted stock award, meaning they are subject to vesting conditions before becoming fully unrestricted.

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.

What are Ian Isaacs’s reported GLRE shareholdings after the August 7, 2026 grant?

After the grant, Ian Isaacs directly owns 57,992 ordinary shares of Greenlight Capital Re. He also has indirect holdings of 25,000 shares through the Isaacs Living Trust and 25,000 shares through the Ian Isaacs IRA, as reported in the Form 4.

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.
SEC Form 4
FORM 4UNITED 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*
Isaacs Ian

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

(Street)
GEORGE TOWNKY11205

(City)(State)(Zip)

CAYMAN ISLANDS

(Country)
2. Issuer Name and Ticker or Trading Symbol
GREENLIGHT CAPITAL RE, LTD. [ GLRE ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/07/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
ORDINARY SHARES08/07/2026A7,992A$0(1)57,992D
ORDINARY SHARES25,000IBy Isaacs Living Trust
ORDINARY SHARES25,000IBy Ian Isaacs IRA
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. 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.
Remarks:
/s/ Sherry Diaz, as attorney in fact08/07/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)