STOCK TITAN

Greenlight Capital Re (NASDAQ: GLRE) director sells 7,640 shares via partnership

Filing Impact
(Moderate)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

GREENLIGHT CAPITAL RE, LTD. director Joseph P. Platt Jr. reported open-market sales of 7,640 ordinary shares at $17.50 per share. The sales were made by a partnership for which he is the general partner and are reported as indirect ownership.

After these transactions, 47,360 ordinary shares were held indirectly through the partnership. Separate holding entries show 169,619 ordinary shares held directly and 5,000 ordinary shares held indirectly through The Mary Jane & Joseph P Platt Jr. Family Foundation Inc. as of the reported dates.

Positive

  • None.

Negative

  • None.
Insider Platt Joseph P JR
Role null
Sold 7,640 shs ($134K)
Type Security Shares Price Value
Sale ORDINARY SHARES 820 $17.50 $14K
Sale ORDINARY SHARES 6,820 $17.50 $119K
holding ORDINARY SHARES -- -- --
holding ORDINARY SHARES -- -- --
Holdings After Transaction: ORDINARY SHARES — 47,360 shares (Indirect, See footnote); ORDINARY SHARES — 169,619 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Shares sold 7,640 shares Total open-market sales on May 12–13, 2026
Sale price $17.50 per share Price for both reported open-market sales
Indirect partnership holding 47,360 shares Ordinary shares held indirectly after sales
Direct holding 169,619 shares Ordinary shares held directly as of May 12, 2026
Foundation holding 5,000 shares Ordinary shares held by family foundation
open-market sale financial
"reported open-market sales of 7,640 ordinary shares at $17.50 per share"
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
"The sales were made by a partnership and are reported as indirect ownership"
holding entries financial
"Separate holding entries show 169,619 ordinary shares held directly"
ordinary shares financial
"reported open-market sales of 7,640 ordinary shares at $17.50 per share"
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.
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SEC Form 4
FORM 4UNITED 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*
Platt Joseph P JR

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

(Street)
GEORGE TOWNKY11205

(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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/12/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
ORDINARY SHARES05/12/2026S6,820D$17.548,180ISee footnote(1)
ORDINARY SHARES05/13/2026S820D$17.547,360ISee footnote(1)
ORDINARY SHARES5,000IHeld by The Mary Jane & Joseph P Platt Jr. Family Foundation Inc.
ORDINARY SHARES169,619D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. These shares are held for the account of a partnership of which Mr. Platt is the general partner.
Remarks:
/s/ Faramarz Romer, as attorney in fact05/14/2026
** Signature of Reporting PersonDate
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)

FAQ

What insider transaction did GLRE director Joseph P. Platt Jr. report?

Joseph P. Platt Jr. reported selling 7,640 GREENLIGHT CAPITAL RE ordinary shares in open-market transactions. The sales were executed at $17.50 per share and were carried out through a partnership where he serves as general partner, reflecting indirect ownership.

At what price were the GLRE shares sold in this Form 4 filing?

The reported GLRE shares were sold at an average price of $17.50 per share. Both open-market sale entries disclose the same per-share price, providing a clear indication of the transaction level for these ordinary shares during the reported period.

How many GLRE shares does Joseph P. Platt Jr. hold indirectly after the sales?

After the reported sales, a partnership associated with Joseph P. Platt Jr. held 47,360 GLRE ordinary shares indirectly. This figure reflects the position following the 7,640-share open-market dispositions executed on May 12 and May 13, 2026.

What are Joseph P. Platt Jr.’s direct GLRE share holdings in this filing?

A holding entry shows that Joseph P. Platt Jr. directly held 169,619 GLRE ordinary shares as of May 12, 2026. This position is separate from his indirect holdings through a partnership and a charitable foundation reported in the same Form 4.

What GLRE shares are reported as held by the Platt family foundation?

The filing reports that 5,000 GLRE ordinary shares are held indirectly by The Mary Jane & Joseph P Platt Jr. Family Foundation Inc. This foundation position is disclosed separately from Joseph P. Platt Jr.’s direct and partnership-related indirect holdings.

How many total GLRE shares were sold in the reported open-market transactions?

The Form 4 shows total open-market sales of 7,640 GLRE ordinary shares. These consist of 6,820 shares sold on May 12, 2026 and 820 shares sold on May 13, 2026, all at a reported price of $17.50 per share.