STOCK TITAN

Greenlight Capital Re (GLRE) repurchases 106,060 ordinary shares from family trust

(Very High)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

EINHORN DAVID reported disposition transactions in this Form 4 filing.

David Einhorn, a director and 10% owner of Greenlight Capital Re, reported that on August 3, 2026 the company repurchased 106,060 ordinary shares at $16.1435 per share from the David M. Einhorn 2021-07 Family Trust. The trust held 1,284,428 shares afterward, and DME 2022 Holdings LLC held 4,864,227 shares, all reported as indirect holdings. The filing indicates the transaction was not effected under a Rule 10b5-1 trading plan.

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Insider EINHORN DAVID
Role Director, 10% Owner
Type Security Shares Price Value
Disposition Ordinary Shares F1 106,060 $16.1435 $1.71M
holding Ordinary Shares F2 -- -- --
Holdings After Transaction: Ordinary Shares — 1,284,428 shares (Indirect, By Trust); Ordinary Shares — 4,864,227 shares (Indirect, By LLC)
Footnotes (2)
  1. F1. These shares are held by the David M. Einhorn 2021-07 Family Trust, a family trust, the beneficiaries of which are the Reporting Person's children. On August 3, 2026, pursuant to the Ordinary Share Repurchase Agreement between Greenlight Capital Re, Ltd. and the David M. Einhorn 2021-07 Family Trust, the Issuer purchased 106,060 ordinary shares from the David M. Einhorn 2021-07 Family Trust.
  2. F2. These shares are held by DME 2022 Holdings LLC (the "LLC"). The Reporting Person is the sole Manager of the LLC, and interests in the LLC are held by a family trust the beneficiaries of which are the Reporting Person's children.
Shares disposed to issuer 106060.0000 Ordinary Shares Ordinary shares repurchased by Greenlight Capital Re from family trust on August 3, 2026
Repurchase price per share $16.1435 Price per ordinary share paid in the August 3, 2026 repurchase
Trust holdings after transaction 1284428.0000 Ordinary Shares Indirect holdings by David M. Einhorn 2021-07 Family Trust after issuer repurchase
LLC indirect holdings reported 4864227.0000 Ordinary Shares Indirect holdings by DME 2022 Holdings LLC associated with David Einhorn
Disposition to issuer financial
"transaction_code_description: Disposition to issuer for the 106,060-share trade"
Ordinary Share Repurchase Agreement financial
"pursuant to the Ordinary Share Repurchase Agreement between Greenlight Capital Re and the trust"
pecuniary interests financial
"Einhorn disclaims beneficial ownership except to the extent of his pecuniary interests"
directors by deputization regulatory
"beneficial owners are deemed directors by deputization by virtue of board representation"
Rule 10b5-1 trading plan regulatory
"The transaction was not effected under a Rule 10b5-1 trading plan checkbox"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.

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FAQ

What insider transaction did GLRE report involving David Einhorn on August 3, 2026?

Greenlight Capital Re reported that a family trust associated with David Einhorn sold 106,060 ordinary shares back to the company on August 3, 2026 at $16.1435 per share, under an Ordinary Share Repurchase Agreement with the issuer.

How many GLRE shares does the Einhorn family trust hold after the reported transaction?

After the repurchase, the David M. Einhorn 2021-07 Family Trust held 1,284,428 ordinary shares of Greenlight Capital Re as an indirect position, according to the Form 4 filing reporting the August 3, 2026 transaction.

What additional GLRE holdings linked to David Einhorn are reported in the Form 4?

The Form 4 reports 4,864,227 ordinary shares held indirectly through DME 2022 Holdings LLC. David Einhorn is the sole manager of this LLC, and its interests are held by a family trust benefiting his children.

Was the GLRE share transaction involving the Einhorn trust under a Rule 10b5-1 plan?

No. The Form 4 indicates the Rule 10b5-1 checkbox is not marked, meaning the 106,060-share repurchase between Greenlight Capital Re and the Einhorn family trust was not reported as executed under a Rule 10b5-1 trading plan.

Does David Einhorn claim full beneficial ownership of the GLRE shares reported?

No. The filing states that David Einhorn disclaims beneficial ownership of the ordinary shares reported except to the extent of his pecuniary interests, even though he is a director and deemed a director by deputization for Section 16 purposes.

How is the August 3, 2026 GLRE insider transaction coded and characterized?

The transaction is coded as D, described as a "Disposition to issuer". It reflects the issuer’s repurchase of 106,060 ordinary shares from the David M. Einhorn 2021-07 Family Trust under an Ordinary Share Repurchase Agreement.
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*
EINHORN DAVID

(Last)(First)(Middle)
140 EAST 45TH STREET
24TH FLOOR

(Street)
NEW YORK NEW YORK 10017

(City)(State)(Zip)

UNITED STATES

(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)
XDirectorX10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/03/2026
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 Shares08/03/2026D(1)106,060D$16.14351,284,428IBy Trust(1)
Ordinary Shares4,864,227IBy LLC(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. These shares are held by the David M. Einhorn 2021-07 Family Trust, a family trust, the beneficiaries of which are the Reporting Person's children. On August 3, 2026, pursuant to the Ordinary Share Repurchase Agreement between Greenlight Capital Re, Ltd. and the David M. Einhorn 2021-07 Family Trust, the Issuer purchased 106,060 ordinary shares from the David M. Einhorn 2021-07 Family Trust.
2. These shares are held by DME 2022 Holdings LLC (the "LLC"). The Reporting Person is the sole Manager of the LLC, and interests in the LLC are held by a family trust the beneficiaries of which are the Reporting Person's children.
Remarks:
* The Power of Attorney executed by David Einhorn, authorizing the signatory to sign and file this report on David Einhorn's behalf, filed as Exhibit 99.1 to the Schedule 13D filed with the Securities and Exchange Commission on August 29, 2019 by David Einhorn and other reporting persons with respect to the common units of CONSOL Coal Resources LP, is hereby incorporated by reference. David Einhorn is a Director of Greenlight Capital Re, Ltd. For purposes of Section 16 of the Securities Exchange Act of 1934, as amended, the beneficial owners of the shares reported herein are deemed directors by deputization by virtue of their representation on the Board of Directors of Greenlight Capital Re, Ltd. David Einhorn disclaims beneficial ownership of the ordinary shares report-ed herein except to the extent of his pecuniary interests therein.
/s/ Daniel Roitman, attorney-in-fact for David Einhorn*08/04/2026
** 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)