Greenlight Capital Re (GLRE) grants controller Sherry Diaz 3,808 RSUs

Rhea-AI Filing Summary

GREENLIGHT CAPITAL RE, LTD. reported that Controller Sherry Diaz received an equity grant of 3,808 ordinary shares as part of her compensation. These are restricted stock units that will vest evenly over three years on January 1, as long as she remains with the company. When each portion vests, it will convert into ordinary shares. After this grant, Diaz directly holds 100,379 ordinary shares, showing a modest, routine increase in her ownership stake tied to long-term incentives rather than open-market buying.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Diaz Sherry

Role Controller

Type	Security	Shares	Price	Value
Grant/Award	ORDINARY SHARES	3,808	$0.00	--

Holdings After Transaction: ORDINARY SHARES — 100,379 shares (Direct)

Footnotes (1)

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Form 4 Insider Transactions: What Each Field Means →

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^*

Diaz Sherry

(Last) (First) (Middle)

65 MARKET STREET, SUITE 1207,

CAMANA BAY, P.O. BOX 31110,

(Street)

GEORGE TOWN E9 KY1-1205

(City) (State) (Zip)

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)
	Controller

3. Date of Earliest Transaction (Month/Day/Year)
03/13/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

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

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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	03/13/2025		A		3,808	A	$0(1)	100,379	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	03/16/2026
	** 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.

FAQ

What did GLRE Controller Sherry Diaz report in this Form 4 filing?

Sherry Diaz reported receiving 3,808 restricted stock units in GREENLIGHT CAPITAL RE, LTD. These RSUs represent a compensation-related grant, not an open-market purchase, and will convert into ordinary shares as they vest over time.

How many GREENLIGHT CAPITAL RE (GLRE) shares does Sherry Diaz own after this grant?

After the reported grant, Sherry Diaz directly holds 100,379 ordinary shares of GREENLIGHT CAPITAL RE, LTD. This total includes the newly awarded 3,808 restricted stock units that will convert into ordinary shares when they vest over the next three years.

How do the new GLRE restricted stock units for Sherry Diaz vest over time?

The 3,808 restricted stock units granted to Sherry Diaz vest evenly over three years on January 1. Each annual tranche requires her continued service with GREENLIGHT CAPITAL RE, LTD. and will convert into ordinary shares upon vesting, creating a staggered long-term incentive.

Are Sherry Diaz’s GLRE Form 4 transactions open-market buys or compensation grants?

The reported transaction is a compensation-related grant, coded as a grant or award acquisition. Sherry Diaz did not buy shares in the open market; instead, she received 3,808 restricted stock units that vest over time and convert into ordinary shares when vested.

What does the Form 4 footnote reveal about GLRE’s RSU grant to Sherry Diaz?

The footnote explains that the restricted stock units vest evenly over three years on January 1, subject to her continuous service. Once each portion vests, the RSUs automatically convert into ordinary shares, aligning her compensation with GREENLIGHT CAPITAL RE, LTD.’s long-term performance.