Greenlight Capital Re (GLRE) chief actuary forfeits 2,786 performance-based shares

Rhea-AI Filing Summary

GREENLIGHT CAPITAL RE, LTD. Chief Actuary Richard Paul Strommer reported a disposition of 2,786 ordinary shares on March 9, 2026. A footnote explains these shares were forfeited performance-based restricted stock granted in 2023, rather than an open-market sale for cash. Following this forfeiture, Strommer directly holds 68,025 ordinary shares, indicating a relatively small reduction in his equity position.

Insider Trade Summary

1 transaction reported

Net Sell 1 txn

Insider Strommer Richard Paul

Role Chief Actuary

Sold 2,786 shs ($0.00)

Type	Security	Shares	Price	Value
Sale	ORDINARY SHARES	2,786	$0.00	--

Holdings After Transaction: ORDINARY SHARES — 68,025 shares (Direct)

Footnotes (1)

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Form 4 Insider Transactions: What Each Field Means →

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^*

Strommer Richard Paul

(Last) (First) (Middle)

65 MARKET STREET, SUITE 1207,

CAMANA BAY, P.O. BOX 31110

(Street)

GRAND CAYMAN E9 KY1-1205

(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)
	Chief Actuary

3. Date of Earliest Transaction (Month/Day/Year)
03/09/2026

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	03/09/2026		S		2,786	D	$0(1)	68,025	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. Forfeited performance-based restricted stocks granted in 2023.

Remarks:

	/s/ Sherry Diaz, as attorney in fact	03/11/2026
	** 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 GLRE Chief Actuary Richard Strommer report?

Chief Actuary Richard Strommer reported the forfeiture of 2,786 GLRE ordinary shares. A footnote clarifies these were performance-based restricted shares granted in 2023 that did not vest, rather than an open-market sale, slightly reducing his overall equity position.

Was the GLRE insider transaction an open-market sale of shares?

The transaction used a sale code but was described as forfeited performance-based restricted stock granted in 2023. This indicates the shares lapsed without consideration, rather than being sold in the open market for cash proceeds or as a discretionary trading decision.

How many GREENLIGHT CAPITAL RE (GLRE) shares does Richard Strommer hold after this Form 4?

After the reported forfeiture of 2,786 ordinary shares, Richard Strommer directly holds 68,025 GLRE shares. This remaining stake shows the transaction affected only a small portion of his position, with most of his equity exposure in the company still intact.

What type of GLRE shares were involved in Strommer’s reported transaction?

The Form 4 involves GLRE ordinary shares tied to performance-based restricted stock granted in 2023. According to the footnote, these shares were forfeited because conditions were not met, distinguishing the event from a voluntary open-market purchase or sale of fully vested stock.

Does the GLRE Form 4 indicate any derivative or option exercises by Richard Strommer?

The Form 4 data show no derivative transactions or option exercises for Richard Strommer. The derivative transaction count and exercise shares are both zero, and the only reported activity is the forfeiture of 2,786 performance-based restricted ordinary shares granted in 2023.