STOCK TITAN

Greenlight Capital Re (NASDAQ: GLRE) director sells 11,747 ordinary shares

Filing Impact
(Moderate)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

GREENLIGHT CAPITAL RE, LTD. director Joseph P. Platt Jr. reported an insider sale of ordinary shares. On May 26, 2026, a partnership for which he is the general partner sold 11,747 ordinary shares in an open-market transaction at a weighted average price of $16.87 per share, with individual trade prices ranging from $16.74 to $17.21. After this sale, that partnership no longer holds shares, while Platt continues to own 169,619 ordinary shares directly.

Positive

  • None.

Negative

  • None.
Insider Platt Joseph P JR
Role Director
Sold 11,747 shs ($198K)
Type Security Shares Price Value
Sale ORDINARY SHARES 11,747 $16.87 $198K
holding ORDINARY SHARES -- -- --
Holdings After Transaction: ORDINARY SHARES — 0 shares (Indirect, See footnote); ORDINARY SHARES — 169,619 shares (Direct)
Footnotes (1)
  1. The price reported in Column 4 is a weighted average purchase price. These shares were sold in multiple trades at prices ranging from $16.74 to $17.21, inclusive. The Reporting Person hereby undertakes to provide upon request to the SEC staff, Greenlight Capital Re, Ltd., or any security holders of Greenlight Capital Re, Ltd., full information regarding the number of shares sold at each separate price within the range set forth in this footnote. These shares are held for the account of a partnership of which Mr. Platt is the general partner.
Shares sold 11,747 shares Open-market sale on May 26, 2026
Weighted average sale price $16.87/share Ordinary shares sold by partnership
Sale price range $16.74–$17.21/share Multiple trades within this range
Direct holdings after transaction 169,619 shares Ordinary shares held directly by Platt
Indirect holdings after sale 0 shares Partnership account post-sale balance
Net share change -11,747 shares Net insider activity in this Form 4
weighted average purchase price financial
"The price reported in Column 4 is a weighted average purchase price."
The weighted average purchase price is the average cost per share you paid across multiple buys, calculated so larger purchases count more than smaller ones. Imagine buying apples at different prices: the overall price you effectively paid depends on how many apples you bought at each price. Investors use it to measure true cost basis, calculate gains or losses, decide when to sell, and manage taxes and portfolio performance.
open-market sale financial
"transaction_action": "open-market sale""
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 ownership financial
""direct_or_indirect": "I", "nature_of_ownership": "See footnote""
partnership financial
"These shares are held for the account of a partnership of which Mr. Platt is the general partner."

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

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FAQ

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

He reported an open-market sale of 11,747 Greenlight Capital Re ordinary shares. The sale was executed through a partnership where he is the general partner, and it was disclosed in a Form 4 insider trading report.

At what price were the GLRE shares sold in Joseph Platt Jr.’s Form 4 filing?

The reported weighted average sale price was $16.87 per share. Individual trades occurred at prices ranging from $16.74 to $17.21, reflecting multiple executions within that stated price band.

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

After the reported transaction, he holds 169,619 Greenlight Capital Re ordinary shares directly. The partnership through which 11,747 shares were sold no longer holds any shares following this sale.

Was the GLRE insider sale made directly by Joseph Platt Jr. or through an entity?

The sale was made through a partnership for which Joseph Platt Jr. is the general partner. These shares were held for the account of that partnership, rather than as directly owned personal holdings.

What does the Form 4 filing for GLRE indicate about the remaining partnership holdings?

The filing shows that, after selling 11,747 ordinary shares, the partnership’s remaining ownership is zero. All disclosed post-sale holdings of 169,619 GLRE ordinary shares are reported as directly owned by Joseph Platt Jr.
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*
Platt Joseph P JR

(Last)(First)(Middle)
C/O GREENLIGHT CAPITAL RE, LTD
65 MARKET STREET, SUITE 1207, CAMANA BAY

(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)
05/26/2026
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 SHARES169,619D
ORDINARY SHARES05/26/2026S11,747D$16.87(1)0ISee footnote(2)
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 price reported in Column 4 is a weighted average purchase price. These shares were sold in multiple trades at prices ranging from $16.74 to $17.21, inclusive. The Reporting Person hereby undertakes to provide upon request to the SEC staff, Greenlight Capital Re, Ltd., or any security holders of Greenlight Capital Re, Ltd., full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
2. 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 fact05/27/2026
** 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)