Greenlight Capital Re (GLRE) director-linked entity sells 12,000 shares

Filing Impact

(Moderate)

Filing Sentiment

(Negative)

Form Type

Rhea-AI Filing Summary

GREENLIGHT CAPITAL RE, LTD. director Joseph P. Platt Jr. reported an open-market sale linked to an affiliated partnership. On May 14, 2026, the partnership sold 12,000 ordinary shares at $17.50 per share in an indirect transaction.

After this sale, Platt holds 169,619 ordinary shares directly, 35,360 ordinary shares indirectly through the partnership, and 5,000 ordinary shares indirectly through The Mary Jane & Joseph P Platt Jr. Family Foundation Inc.

Insider Trade Summary

Net Seller: 12,000 shares ($210,000)

Net Sell 3 txns

Insider Platt Joseph P JR

Role null

Sold 12,000 shs ($210K)

Type	Security	Shares	Price	Value
Sale	ORDINARY SHARES	12,000	$17.50	$210K
holding	ORDINARY SHARES	--	--	--
holding	ORDINARY SHARES	--	--	--

Holdings After Transaction: ORDINARY SHARES — 35,360 shares (Indirect, See footnote); ORDINARY SHARES — 169,619 shares (Direct, null)

Footnotes (1)

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Key Figures

Shares sold: 12,000 ordinary shares Sale price: $17.50 per share Direct holdings after: 169,619 ordinary shares +2 more

5 metrics

Shares sold 12,000 ordinary shares Open-market sale on May 14, 2026

Sale price $17.50 per share Price for 12,000 ordinary shares sold

Direct holdings after 169,619 ordinary shares Direct ownership after reported transactions

Indirect partnership holdings after 35,360 ordinary shares Held indirectly via partnership post-transaction

Family foundation holdings 5,000 ordinary shares Held by The Mary Jane & Joseph P Platt Jr. Family Foundation Inc.

Key Terms

open-market sale, indirect, ordinary shares, Form 4, +1 more

5 terms

open-market sale financial

"transaction_code_description: Sale in open market or private transaction"

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

indirect financial

"direct_or_indirect: I and ownership_type: indirect for certain holdings"

ordinary shares financial

"security_title: ORDINARY SHARES in each reported line"

Ordinary shares are a type of ownership stake in a company, giving shareholders a right to participate in the company’s profits and decision-making through voting. They are similar to owning a piece of a business, and their value can rise or fall based on the company's performance. Investors buy ordinary shares to potentially earn dividends and benefit from the company's growth over time.

Form 4 regulatory

"INSIDER FILING DATA (Form 4) for Joseph P. Platt Jr."

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

general partner financial

"partnership of which Mr. Platt is the general partner"

A general partner is the person or firm that runs an investment partnership and legally represents it — they make the day-to-day decisions, choose which assets to buy or sell, and are responsible for the partnership’s obligations. Investors care because the general partner’s judgment, risk-taking and fee and profit-sharing arrangements determine both the potential returns and the level of exposure to losses; think of the GP as the ship’s captain whose skill and honesty shape the voyage’s outcome.

Form 4 Insider Transactions: What Each Field Means →

05/18/2026 - 11:04 AM

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^*

Platt Joseph P JR

(Last)

(First)

(Middle)

C/O GREENLIGHT CAPITAL RE, LTD

65 MARKET STREET, SUITE 1207, CAMANA BAY

(Street)

GEORGE TOWN

KY11205

(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)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/14/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
ORDINARY SHARES								5,000	I	Held by The Mary Jane & Joseph P Platt Jr. Family Foundation Inc.
ORDINARY SHARES								169,619	D
ORDINARY SHARES	05/14/2026		S		12,000	D	$17.5	35,360	I	See footnote⁽¹⁾

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. These shares are held for the account of a partnership of which Mr. Platt is the general partner.

Remarks:

	/s/ Faramarz Romer, as attorney in fact	05/18/2026
	** 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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did GLRE director Joseph P. Platt Jr. report?

Director Joseph P. Platt Jr. reported an indirect open-market sale of 12,000 Greenlight Capital Re ordinary shares at $17.50 per share on May 14, 2026. The transaction was executed through a partnership associated with him.

How many Greenlight Capital Re (GLRE) shares were sold and at what price?

An affiliated partnership sold 12,000 Greenlight Capital Re ordinary shares at $17.50 per share. This transaction is classified as an open-market sale and was reported as an indirect holding on Platt’s Form 4 filing.

How many GLRE shares does Joseph P. Platt Jr. hold after the reported sale?

After the sale, Platt directly holds 169,619 ordinary shares and indirectly holds 35,360 ordinary shares through a partnership plus 5,000 shares via a family foundation. These post-transaction balances are disclosed in the Form 4.

Was the Greenlight Capital Re insider sale direct or through an entity?

The 12,000-share sale was indirect, executed for a partnership account of which Platt is the general partner. The Form 4 notes this structure in a footnote, distinguishing it from his separate direct shareholdings.

What indirect GLRE holdings does Joseph P. Platt Jr. report besides the sold shares?

Following the transaction, Platt reports 35,360 ordinary shares held indirectly through a partnership and 5,000 ordinary shares held by The Mary Jane & Joseph P Platt Jr. Family Foundation Inc., in addition to his direct holdings.