Form 4: Greenlight Capital Re General Counsel Equity Grant

General Counsel David Sigmon acquired 5,006 restricted stock units in Greenlight Capital Re, Ltd. as part of an equity compensation plan.

Summary

• David Sigmon, General Counsel of Greenlight Capital Re, Ltd., was granted 5,006 restricted stock units (RSUs).
• The transaction occurred on May 8, 2026.
• The RSUs were acquired at a price of $0, representing an equity-based compensation award.
• Following this transaction, the reporting person's total beneficial ownership of ordinary shares is 40,178.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a routine administrative filing regarding executive compensation, which is neutral in terms of market impact.

Positives

• Alignment of interests between the General Counsel and shareholders through equity-based compensation.

Negatives

• None identified.

Risks

• Vesting of the RSUs is subject to the reporting person's continuous service with the company.

Future Outlook

The RSUs will vest evenly over a three-year period beginning January 1st, contingent upon continued employment.

Industry Context

StockSavvy.ai notes that equity grants to key executives are standard corporate governance practices intended to incentivize long-term retention and performance within the insurance and reinsurance sector.

Comparison to Industry Standards

• The use of multi-year vesting schedules for RSU grants is consistent with standard executive compensation practices in the financial services industry.

Stakeholder Impact

• Minimal impact on shareholders as this is a standard equity compensation award.

Next Steps

• Vesting of RSUs in annual increments starting January 1st over the next three years.

Key Dates

Keywords

Greenlight Capital Re, GLRE, Form 4, Insider Trading, Equity Compensation, Restricted Stock Units