Director at Greenlight Capital Re (GLRE) sells 10,946 ordinary shares
Rhea-AI Filing Summary
GREENLIGHT CAPITAL RE, LTD. director Ian Isaacs reported open-market sales of 10,946 ordinary shares. He sold 1,716 shares at a weighted average price of $15.9187 and 9,230 shares at a weighted average price of $16.3283, across multiple trades within disclosed price ranges. After these sales, he holds 60,191 shares directly and also reports 25,000 shares held through an IRA and 25,000 shares held through the Isaacs Living Trust.
Positive
- None.
Negative
- None.
Insights
Director executes moderate net share sale while retaining sizable stake.
Director Ian Isaacs sold a total of 10,946 ordinary shares of GREENLIGHT CAPITAL RE, LTD. in two open-market transactions at weighted average prices of $15.9187 and $16.3283. Footnotes show each sale was executed through multiple trades within narrow intraday price ranges.
Following the sales, Isaacs still directly owns 60,191 shares and reports additional indirect holdings of 25,000 shares in an IRA and 25,000 shares in a living trust. With no derivative positions disclosed in this filing, the action appears as a routine net sale rather than a complex options-related transaction.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | ORDINARY SHARES | 9,230 | $16.3283 | $151K |
| Sale | ORDINARY SHARES | 1,716 | $15.9187 | $27K |
| holding | ORDINARY SHARES | -- | -- | -- |
| holding | ORDINARY SHARES | -- | -- | -- |
Footnotes (1)
- The price reported in Column 4 is a weighted average purchase price. These shares were sold in multiple trades at prices ranging from $15.88 to $16.04, 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. The price reported in Column 4 is a weighted average purchase price. These shares were sold in multiple trades at prices ranging from $16.2929 to $16.41, 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.