Form 4: Greenlight Capital Re Director Sells Shares

Joseph P. Platt Jr., a Director at Greenlight Capital Re, Ltd., reported a sale of 11,747 ordinary shares on May 26, 2026.

Summary

• Joseph P. Platt Jr., a Director of Greenlight Capital Re, Ltd. (GLRE), has reported a transaction involving the sale of company shares.
• The transaction occurred on May 26, 2026, and involved the disposal of 11,747 ordinary shares.
• The sale was executed at a weighted average price of $16.87 per share, with individual trades ranging from $16.74 to $17.21.
• Following this transaction, Mr. Platt beneficially owns 169,619 ordinary shares directly.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it reports a routine insider transaction without additional context that would strongly indicate positive or negative sentiment.

Negatives

• A director of the company has sold a portion of their holdings.

Future Outlook

No forward-looking statements or guidance were provided in this filing.

Industry Context

StockSavvy.ai notes that Form 4 filings are standard disclosures for insider transactions. While a director selling shares can sometimes be interpreted negatively, the context of the sale, such as the price range and the remaining beneficial ownership, is crucial for a complete assessment.

Stakeholder Impact

• Shareholders may observe this transaction as a signal from a company insider, though the impact is likely minimal given the routine nature of Form 4 filings and the remaining direct ownership.

Key Dates

Keywords

Greenlight Capital Re, GLRE, Form 4, Insider Trading, Director Sale, Securities Transaction, Ordinary Shares