STOCK TITAN

Greenlight Capital Re grants director 13,356 shares

Director John Welch received a 13,356-share restricted stock award in GLRE that vests by the next annual meeting or after one year.

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

GREENLIGHT CAPITAL RE, LTD. (symbol: GLRE) is the issuer of record for a Form 4 filing submitted to the SEC. Welch John reported acquisition or exercise transactions in this Form 4 filing.

GREENLIGHT CAPITAL RE, LTD. (GLRE) reported that director John Welch received a grant of 13,356 ordinary shares on September 3, 2026 as a restricted stock award under the Greenlight Capital Re, Ltd. 2023 Omnibus Incentive Plan. The award vests on the earlier of the first anniversary of the grant date and the next annual general meeting of shareholders, and Welch now holds 13,356 ordinary shares directly.

Positive

  • None.

Negative

  • None.
Insider Welch John
Role Director
Type Security Shares Price Value
Grant/Award ORDINARY SHARES F1 13,356 $0.00 $0.00
Holdings After Transaction: ORDINARY SHARES — 13,356 shares (Direct)
Footnotes (1)
  1. F1. The restricted stock award was granted pursuant to the Greenlight Capital Re, Ltd. 2023 Omnibus Incentive Plan. This award will vest on the earlier of the first anniversary of the grant date and the next annual general meeting of shareholders.
Restricted shares granted 13,356 ordinary shares Grant to director John Welch on September 3, 2026
Grant price per share $0.00 per share Restricted stock award under 2023 Omnibus Incentive Plan
Shares held after transaction 13,356 ordinary shares Direct ownership reported for John Welch following the award
restricted stock award financial
"The restricted stock award was granted pursuant to the Greenlight Capital Re, Ltd. 2023 Omnibus Incentive Plan"
A restricted stock award is company shares given to an employee or executive that cannot be sold or fully owned until certain conditions—like staying with the company for a set time or hitting performance targets—are met. Think of it as a gift that only becomes yours after you fulfill specific obligations; for investors, these awards matter because they can increase the total shares outstanding when they vest, reveal how management is being paid and motivated, and create potential selling pressure when restrictions lift.
2023 Omnibus Incentive Plan financial
"granted pursuant to the Greenlight Capital Re, Ltd. 2023 Omnibus Incentive Plan"
annual general meeting of shareholders regulatory
"will vest on the earlier of the first anniversary of the grant date and the next annual general meeting of shareholders"

FAQ

What insider transaction did GLRE disclose for director John Welch?

GLRE disclosed that director John Welch received a restricted stock award of 13,356 ordinary shares on September 3, 2026. The shares were granted at $0.00 per share as equity compensation, not as an open-market purchase or sale.

How many GLRE shares were involved in John Welch’s Form 4 filing?

The filing reports a grant of 13,356 ordinary shares of Greenlight Capital Re, Ltd. to director John Welch. Following this award, his directly held position reported in the filing is 13,356 ordinary shares.

What are the vesting terms of John Welch’s GLRE restricted stock award?

The restricted stock award will vest on the earlier of the first anniversary of the grant date and the next annual general meeting of shareholders, according to the disclosure tied to this grant.

Under which plan was the GLRE restricted stock granted to John Welch?

The 13,356-share restricted stock award to John Welch was granted under the Greenlight Capital Re, Ltd. 2023 Omnibus Incentive Plan, which governs this equity compensation grant.

Was John Welch’s GLRE share grant made under a Rule 10b5-1 trading plan?

No. The Form 4 indicates the Rule 10b5-1 checkbox is not affirmed for this filing, and the footnote describes the transaction as a restricted stock award under a company incentive plan, not a trading-plan transaction.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
Learn about SEC filing dates
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*
Welch John

(Last)(First)(Middle)
65 MARKET STREET
SUITE 1207, JASMINE COURT, PO BOX 31110

(Street)
CAMANA BAYKY1-1205

(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)
09/03/2026
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 SHARES09/03/2026A13,356A$0(1)13,356D
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. The restricted stock award was granted pursuant to the Greenlight Capital Re, Ltd. 2023 Omnibus Incentive Plan. This award will vest on the earlier of the first anniversary of the grant date and the next annual general meeting of shareholders.
Remarks:
/s/ Steven Archambault, as attorney in fact09/04/2026
** 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)