Greenlight Capital Re (GLRE) repurchases 106,060 ordinary shares from family trust
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.
Positive
- None.
Negative
- None.
Insights
Analyzing...
Insider Trade Summary
Net Seller: 106,060 shares
Net Sell
2 txns
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)
- 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.
- 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.
Key Figures
Shares disposed to issuer: 106060.0000 Ordinary Shares
Repurchase price per share: $16.1435
Trust holdings after transaction: 1284428.0000 Ordinary Shares
+1 more
4 metrics
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
Key Terms
Disposition to issuer, Ordinary Share Repurchase Agreement, pecuniary interests, directors by deputization, +1 more
5 terms
Disposition to issuer financial
"transaction_code_description: Disposition to issuer for the 106,060-share trade"
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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.
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.
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.