GLRE (GLRE) director Ian Isaacs sells 1,191 shares and reports 100,000 total holdings
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
GREENLIGHT CAPITAL RE, LTD. director Ian Isaacs reported an open-market sale of 1,191 ordinary shares of GLRE at $16.72 per share. After this sale, he directly holds 50,000 ordinary shares. The filing also shows indirect ownership of 25,000 shares through an IRA and 25,000 shares through the Isaacs Living Trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 1,191 shares ($19,914)
Net Sell
3 txns
Insider
Isaacs Ian
Role
null
Sold
1,191 shs ($20K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | ORDINARY SHARES | 1,191 | $16.72 | $20K |
| holding | ORDINARY SHARES | -- | -- | -- |
| holding | ORDINARY SHARES | -- | -- | -- |
Holdings After Transaction:
ORDINARY SHARES — 50,000 shares (Direct, null);
ORDINARY SHARES — 25,000 shares (Indirect, By Isaacs Living Trust)
Footnotes (1)
Key Figures
Shares sold: 1,191 shares
Sale price: $16.72 per share
Direct holdings after sale: 50,000 shares
+2 more
5 metrics
Shares sold
1,191 shares
Open-market sale of ordinary shares
Sale price
$16.72 per share
Price for 1,191 ordinary shares sold
Direct holdings after sale
50,000 shares
Ordinary shares held directly after transaction
Indirect IRA holdings
25,000 shares
Held by Ian Isaacs IRA
Indirect trust holdings
25,000 shares
Held by Isaacs Living Trust
Key Terms
open-market sale, indirect ownership, IRA, Living Trust, +1 more
5 terms
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
indirect ownership financial
""ownership_type": "indirect""
IRA financial
"nature_of_ownership": "By Ian Isaacs IRA""
An individual retirement account (IRA) is a savings account designed to help people put aside money for their retirement, often with tax advantages that encourage long-term savings. It matters to investors because it can grow over time, providing financial security later in life, and offers benefits that can reduce current taxes or allow investments to compound more effectively.
Living Trust financial
"nature_of_ownership": "By Isaacs Living Trust""
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did GLRE director Ian Isaacs report?
Director Ian Isaacs reported selling 1,191 GREENLIGHT CAPITAL RE ordinary shares in an open-market transaction at $16.72 per share. This Form 4 filing discloses his recent trade and updates his reported ownership position in GLRE stock.
Is the GLRE insider transaction by Ian Isaacs classified as a sale or purchase?
The Form 4 classifies the transaction as an open-market sale of ordinary shares. It uses transaction code “S,” which indicates a sale in the open market or a private transaction, and the normalized direction field confirms it as a sell transaction.