Form 4: Director Joseph Platt Buys GLRE Shares

Sentiment:

Insider Transaction Report 19 November 2025 3:08 PM

📋All filings for Greenlight Capital Re, LTD

Greenlight Capital Re Director Joseph P. Platt Jr. acquired 5,000 ordinary shares through a Rule 10b5-1 plan.

Better than expectedA director's purchase of company shares is generally viewed as a positive signal, indicating management's belief in the company's undervaluation or strong future performance.

Summary

Joseph P. Platt Jr., a Director of Greenlight Capital Re, Ltd. (GLRE), acquired 5,000 ordinary shares.
The transaction occurred on November 18, 2025, and was executed pursuant to a Rule 10b5-1(c) plan.
The shares were purchased at a weighted average price of $12.9726, with individual trades ranging from $12.9573 to $12.9764.
Following this transaction, Mr. Platt's direct beneficial ownership of ordinary shares is 169,619.
Indirect beneficial ownership includes 55,000 ordinary shares held by a partnership where Mr. Platt is the general partner, and the newly acquired 5,000 ordinary shares held by The Mary Jane & Joseph P Platt Jr. Family Foundation Inc.

Sentiment

Score: 7

Explanation: The insider purchase by a director indicates confidence in the company's prospects, which is a positive signal for investors.

Positives

A director's purchase of company shares signals confidence in the company's future prospects and valuation.
The transaction was made pursuant to a Rule 10b5-1(c) plan, indicating a pre-planned purchase and reducing concerns about opportunistic insider trading.

Future Outlook

Industry Context

Corporate Governance

Change Type	Description	Effective Date	Impact Assessment
Transaction Plan Disclosure	The transaction was made pursuant to a Rule 10b5-1(c) plan, which allows insiders to set up pre-scheduled trades to avoid accusations of trading on material non-public information.	11/18/2025	Enhances transparency and demonstrates a commitment to ethical trading practices, potentially reducing regulatory scrutiny and investor concerns regarding insider trading.

Related Party Transactions

55,000 Ordinary Shares are held for the account of a partnership of which Mr. Platt is the general partner.
5,000 Ordinary Shares acquired on 11/18/2025 are held by The Mary Jane & Joseph P Platt Jr. Family Foundation Inc.

Stakeholder Impact

Shareholders may view the director's purchase as a positive indicator of the company's future performance and value, potentially increasing investor confidence.

Key Dates

Date	Description
11/18/2025	Date of transaction for the acquisition of 5,000 ordinary shares.
11/19/2025	Date the Form 4 was signed by the reporting person's attorney-in-fact.

Recommendation

buy

The purchase of shares by a director, especially through a pre-planned 10b5-1 program, signals strong insider confidence in the company's current valuation and future outlook. This often precedes positive company developments or reflects a belief that the stock is undervalued, making it a favorable signal for potential investors.

Keywords

GLRE, Greenlight Capital Re, Joseph P. Platt Jr., Insider Trading, Form 4, Share Purchase, Director, 10b5-1 Plan

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