Greenlight Capital Re GC gets 5,006 RSU award

GREENLIGHT CAPITAL RE, LTD.

Rhea-AI Filing Summary

GREENLIGHT CAPITAL RE, LTD. General Counsel David Sigmon received an equity award of 5,006 restricted stock units, which is a form of stock-based compensation rather than an open-market purchase. These RSUs will vest in equal installments over three years on January 1, assuming he continues to serve at the company, and will convert into ordinary shares upon vesting. After this grant, he holds 40,178 ordinary shares directly.

Insider Trade Summary

Grant/Award: 5,006 shares

Grant/Award 1 txn

Insider Sigmon David

Role General Counsel

Type	Security	Shares	Price	Value
Grant/Award	ORDINARY SHARES	5,006	$0.00	$0.00

Holdings After Transaction: ORDINARY SHARES — 40,178 shares (Direct)

Footnotes (1)

1. F1. The restricted stock units ("RSU") will vest evenly over three years on January 1st, subject to the Reporting Person's continuous service with the Company. Upon vesting, the RSUs will be converted to ordinary shares.

Key Figures

RSU grant size: 5,006 units Price per RSU: $0.00 Post-grant holdings: 40,178 shares +2 more

5 metrics

RSU grant size 5,006 units Restricted stock units granted to General Counsel

Price per RSU $0.00 Equity compensation, not a market purchase

Post-grant holdings 40,178 shares Ordinary shares held directly after transaction

Vesting period 3 years RSUs vest evenly over three years on January 1

Transaction date 2026-05-08 Date of RSU award acquisition

Key Terms

restricted stock units ("RSU"), vest, ordinary shares, continuous service

4 terms

restricted stock units ("RSU") financial

"The restricted stock units ("RSU") will vest evenly over three years"

vest financial

"will vest evenly over three years on January 1st"

A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.

ordinary shares financial

"Upon vesting, the RSUs will be converted to ordinary shares."

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.

continuous service financial

"subject to the Reporting Person's continuous service with the Company."

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did GREENLIGHT CAPITAL RE (GLRE) General Counsel David Sigmon report in this Form 4 filing?

David Sigmon reported receiving 5,006 restricted stock units as equity compensation. These RSUs cost him no cash, vest over three years on January 1 each year, and will convert into ordinary shares upon vesting, increasing his direct share ownership over time.

Is the GLRE Form 4 transaction a market buy or sell of shares?

No, the GLRE Form 4 shows a grant of 5,006 restricted stock units, not an open-market trade. The award is compensation that vests over three years and then converts into ordinary shares, so it does not immediately involve buying or selling shares in the market.

How many GREENLIGHT CAPITAL RE shares does David Sigmon hold after this RSU grant?

Following the grant, David Sigmon holds 40,178 ordinary shares directly. The 5,006 restricted stock units will convert into additional ordinary shares only as they vest annually over three years, potentially increasing his ownership if he continues service with the company.

How do the GLRE restricted stock units for David Sigmon vest over time?

The 5,006 restricted stock units vest evenly over three years on January 1, contingent on David Sigmon’s continued service. Each year, one-third of the RSUs vests and is converted into ordinary shares, gradually delivering the full equity award rather than all at once.

What does a zero price per share mean in the GLRE Form 4 RSU grant?

The zero price per share indicates these 5,006 restricted stock units were granted as compensation, not bought in the market. Sigmon does not pay cash for the RSUs; instead, they convert into ordinary shares at vesting if his service with GREENLIGHT CAPITAL RE continues.

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

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Accepted by SEC EDGAR 05/08/2026 - 03:01 PM EDT Learn about SEC filing dates

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^*

Sigmon David

(Last) (First) (Middle)

65 MARKET STREET, SUITE 1207

CAMANA BAY, P.O. BOX 31110

(Street)

GRAND CAYMAN KY1-1205

(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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/08/2026

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)
			Code	V	Amount	(A) or (D)	Price
ORDINARY SHARES	05/08/2026		A		5,006	A	$0(1)	40,178	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The restricted stock units ("RSU") will vest evenly over three years on January 1st, subject to the Reporting Person's continuous service with the Company. Upon vesting, the RSUs will be converted to ordinary shares.

Remarks:

	/s/ Sherry Diaz, as attorney in fact	05/08/2026
	** 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)