Welcome to our dedicated page for Greenlight Capital Re SEC filings (Ticker: GLRE), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Greenlight Capital Re filings document a Cayman Islands holding company with multiline property and casualty insurance and reinsurance operations. Form 8-K reports cover quarterly and annual operating results, underwriting measures, investment income, book value per share and ordinary-share repurchase activity.
The company’s regulatory filings also disclose material financing arrangements, including revolving credit and letter-of-credit facilities involving its reinsurance subsidiaries. Proxy materials cover board matters, executive compensation, equity awards and shareholder voting, while other 8-K filings record leadership and corporate-governance events.
Greenlight Capital Re reported that Controller Sherry Diaz received an equity compensation award. Diaz acquired 3,808 ordinary shares at $0.00 per share as a grant, bringing her direct holdings to 100,379 ordinary shares.
The award relates to restricted stock units (RSUs) that will vest evenly over three years on January 1st, provided she continues serving at the company. When each portion vests, the RSUs will be converted into ordinary shares, turning the award into fully owned stock over time.
Greenlight Capital Re, Ltd. entered into updated letter of credit arrangements with CIBC Bank USA, providing aggregate committed LC capacity of $300.0 million for its subsidiaries Greenlight Reinsurance Ireland DAC and Greenlight Reinsurance, Ltd. The facilities mature on December 22, 2027 and are secured by first-priority liens on cash collateral accounts equal to the outstanding letter of credit amounts.
The prior Greenlight Re credit agreement with CIBC dated December 22, 2023 was terminated, and existing GRIL-related letters of credit were rolled into the new GRIL facility. Separately, General Counsel David Sigmon rescinded his previously announced resignation and will continue in his roles under his existing employment agreement.
GREENLIGHT CAPITAL RE, LTD. reported that Controller Sherry Diaz received an equity grant of 3,808 ordinary shares as part of her compensation. These are restricted stock units that will vest evenly over three years on January 1, as long as she remains with the company. When each portion vests, it will convert into ordinary shares. After this grant, Diaz directly holds 100,379 ordinary shares, showing a modest, routine increase in her ownership stake tied to long-term incentives rather than open-market buying.
GREENLIGHT CAPITAL RE, LTD. reported that Chief Operating Officer Patrick O'Brien received a grant of 9,273 ordinary shares as a stock-based award at no cash cost. These are structured as restricted stock units that will vest evenly over three years on January 1st, as long as he remains with the company.
Once each portion vests, the RSUs will convert into ordinary shares. After this grant, O'Brien directly holds a total of 211,659 ordinary shares, highlighting equity-based compensation that further ties his interests to the company’s long-term performance.
GREENLIGHT CAPITAL RE, LTD. reported that Group Chief Underwriting Officer Thomas James Curnock received an equity award tied to 9,158 ordinary shares at a price of $0.00 per share, increasing his direct holdings to 172,496 ordinary shares.
According to the footnote, this award consists of restricted stock units that will vest evenly over three years on January 1, subject to his continuous service with the company. Once each portion vests, the RSUs will convert into ordinary shares, turning the compensation grant into actual share ownership over time.
GREENLIGHT CAPITAL RE, LTD. reported that Chief Executive Officer Greg Richardson acquired an award of 26,417 restricted stock units. These RSUs vest in equal installments over three years on January 1, subject to his continued service, and will convert into ordinary shares upon vesting. Following this compensation-related grant, he holds 106,508 shares directly.
GREENLIGHT CAPITAL RE, LTD. reported that Chief Financial Officer Faramarz Romer received an equity award in the form of restricted stock units. The award covers 7,705 ordinary shares at no cash cost, increasing his direct holdings to 160,186 ordinary shares after the transaction.
The RSUs will vest evenly over three years on January 1, subject to his continuous service with the company. Upon each vesting date, the RSUs will convert into ordinary shares, aligning part of the CFO’s compensation with the company’s long-term share performance.
GREENLIGHT CAPITAL RE, LTD. reported that Chief Actuary Richard Paul Strommer received an equity award in the form of 4,623 ordinary shares on a grant/award basis, at a stated price of $0.0000 per share. This reflects compensation rather than an open-market purchase. After this award, he directly holds 72,648 ordinary shares. The award represents restricted stock units that will vest evenly over three years on January 1, subject to his continued service, and will convert into ordinary shares upon vesting.
GREENLIGHT CAPITAL RE, LTD. reported that Head of Innovations Brian Joseph O’Reilly received a grant of 6,395 restricted stock units at no cost. These RSUs are scheduled to vest evenly over three years on January 1, contingent on his continued service, and will convert into ordinary shares upon vesting. Following this award, his direct holdings total 103,530 ordinary shares.
GREENLIGHT CAPITAL RE, LTD. granted Chief Accounting Officer Steven Archambault 6,258 ordinary shares in the form of restricted stock units. These RSUs were awarded at no cash cost to him and are part of his equity-based compensation.
The RSUs will vest evenly over three years on January 1st, as long as he continues serving the company. When each portion vests, it will convert into ordinary shares. After this grant, Archambault directly holds 16,158 ordinary shares, giving him more equity exposure to the company’s performance.