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Greenlight Capital Re Form 4: Restricted Award of 8,046 Shares to Director

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

Rhea-AI Filing Summary

Filing overview: This Form 4 was filed for Greenlight Capital Re, Ltd. (GLRE) reporting person Foley Ursuline F, identified as a Director. The filing shows a transaction dated 08/07/2025 in which 8,046 ordinary shares were acquired (transaction code A). After the reported transaction, the filing lists 49,100 shares as beneficially owned, shown as Direct ownership. The form indicates it was filed by one reporting person.

Award details and procedural notes: The shares were granted as a restricted stock award under the Greenlight Capital Re, Ltd. 2023 Omnibus Incentive Plan. The award will vest on the earlier of the first anniversary of the grant date and the 2026 annual general meeting of shareholders. The Form 4 was signed by Sherry Diaz, as attorney in fact, on 08/08/2025. The reporting person address on the form is Stamford, CT 06905.

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Insights

TL;DR: Director Foley received a restricted stock award of 8,046 shares, increasing direct beneficial ownership to 49,100 shares.

The filing documents a non-derivative acquisition (code A) dated 08/07/2025 for 8,046 ordinary shares, with beneficial ownership reported at 49,100 shares post-transaction. The grant is a restricted stock award under the companys 2023 Omnibus Incentive Plan and contains a clear vesting condition: earlier of the first anniversary of the grant and the 2026 annual meeting. The Form 4 was executed by an attorney-in-fact on 08/08/2025. Based solely on the filing, this is a routine equity grant recorded under Section 16 reporting requirements.

TL;DR: The disclosure shows an equity-based director award with a specified vesting trigger under the 2023 Omnibus Incentive Plan.

The document explicitly states the shares are a restricted stock award granted pursuant to the Greenlight Capital Re, Ltd. 2023 Omnibus Incentive Plan and describes the vesting schedule (earlier of first anniversary or 2026 annual general meeting). The report identifies the recipient as a director and shows direct beneficial ownership after the grant. The filing is a standard Form 4 disclosure, signed by an attorney-in-fact on 08/08/2025.

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*
Foley Ursuline F

(Last) (First) (Middle)
23 RED BIRD ROAD

(Street)
STAMFORD CT 06905

(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)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
08/07/2025
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 08/07/2025 A 8,046 A (1) 49,100 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 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 2026 annual general meeting of shareholders.
Remarks:
/s/ Sherry Diaz, as attorney in fact 08/08/2025
** 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

Who filed the Form 4 for GLRE?

The reporting person is Foley Ursuline F, identified on the form as a Director.

What transaction is reported on GLRE Form 4 dated 08/07/2025?

The form reports an acquisition (transaction code A) of 8,046 ordinary shares on 08/07/2025.

How many GLRE shares does the reporting person beneficially own after the transaction?

The filing lists 49,100 shares as beneficially owned following the reported transaction, shown as Direct ownership.

Under what plan were the shares granted?

The shares were granted pursuant to the Greenlight Capital Re, Ltd. 2023 Omnibus Incentive Plan.

What is the vesting schedule for the restricted stock award?

The award vests on the earlier of the first anniversary of the grant date and the 2026 annual general meeting of shareholders.

Who signed the Form 4 and when?

The Form 4 is signed by Sherry Diaz, as attorney in fact, on 08/08/2025.
Greenlight Capital Re Ltd

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