Greenlight Capital Re (NASDAQ: GLRE) director sells 7,640 shares via partnership
Filing Impact
Filing Sentiment
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 Trade Summary
Net Seller: 7,640 shares ($133,700)
Net Sell
4 txns
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)
- [object Object]
Key Figures
Shares sold: 7,640 shares
Sale price: $17.50 per share
Indirect partnership holding: 47,360 shares
+2 more
5 metrics
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
Key Terms
open-market sale, indirect ownership, holding entries, ordinary shares
4 terms
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"
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.