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Greenlight Capital Re (GLRE) awards 9,158-share RSU grant to officer

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

GREENLIGHT CAPITAL RE, LTD. reported that Group Chief Underwriting Officer Thomas James Curnock received an equity award tied to 9,158 ordinary shares at a price of $0.00 per share, increasing his direct holdings to 172,496 ordinary shares.

According to the footnote, this award consists of restricted stock units that will vest evenly over three years on January 1, subject to his continuous service with the company. Once each portion vests, the RSUs will convert into ordinary shares, turning the compensation grant into actual share ownership over time.

Positive

  • None.

Negative

  • None.
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*
CURNOCK THOMAS JAMES

(Last) (First) (Middle)
C/O GREENLIGHT CAPITAL RE, LTD
65 MARKET STREET, SUITE 1207

(Street)
GEORGE TOWN E9 KY11205

(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)
Grp Chief Underwriting Officer
3. Date of Earliest Transaction (Month/Day/Year)
03/13/2026
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 03/13/2026 A 9,158 A $0(1) 172,496 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 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 insider transaction did GREENLIGHT CAPITAL RE (GLRE) report for Thomas James Curnock?

GREENLIGHT CAPITAL RE reported that Group Chief Underwriting Officer Thomas James Curnock received an equity award linked to 9,158 ordinary shares at $0.00 per share. The grant is classified as a compensation-related acquisition rather than an open-market share purchase or sale.

How many GREENLIGHT CAPITAL RE (GLRE) shares does Thomas James Curnock hold after this Form 4?

After the grant, Thomas James Curnock directly holds 172,496 ordinary shares of GREENLIGHT CAPITAL RE. This total includes the 9,158-share compensation award reported in the filing, reflecting his updated ownership position following the equity grant recorded on March 13, 2026.

What are the vesting terms of the GREENLIGHT CAPITAL RE (GLRE) RSUs granted to Curnock?

The restricted stock units granted to Curnock vest evenly over three years on January 1, subject to his continuous service with the company. As each annual tranche vests, the RSUs are converted into ordinary shares, gradually turning the award into actual share ownership.

Is the GREENLIGHT CAPITAL RE (GLRE) insider award a market transaction or compensation grant?

The award is a compensation-related grant, not a market trade. The Form 4 labels it as a grant, award, or other acquisition with a transaction price of $0.00 per share, indicating an employer-provided equity award rather than an open-market purchase of shares.

How does the RSU grant affect Thomas James Curnock’s ownership in GREENLIGHT CAPITAL RE (GLRE)?

The grant increases Curnock’s direct holdings to 172,496 ordinary shares as reported. The RSUs themselves vest over three years and convert into ordinary shares upon vesting, so his effective ownership exposure grows progressively as each installment of units becomes fully vested.
Greenlight Capital Re Ltd

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