Form 4: Greenlight Capital Re, Ltd.: Chief Risk Officer Thomas James Curnock Reports Acquisition of Ordinary Shares

Thomas James Curnock, Chief Risk Officer of Greenlight Capital Re, Ltd., reports the acquisition of 8,772 ordinary shares and the disposal of shares on March 15, 2024.

Summary

• On March 15, 2024, Thomas James Curnock, the Chief Risk Officer of Greenlight Capital Re, Ltd., acquired 8,772 ordinary shares.
• The acquisition was made at a price of $0.
• Following the transaction, Curnock directly owns 215,501 ordinary shares.
• The shares were acquired through the Greenlight Capital Re, Ltd. 2023 Omnibus Incentive Plan as restricted stock units (RSUs).
• These RSUs vest in three equal installments based on Curnock's continuous service.
• Each RSU represents the right to receive one ordinary share.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a standard regulatory filing related to stock ownership. The acquisition of shares by an executive is generally viewed as a positive sign, but it's not a major event.

Positives

• The acquisition of shares by a key executive could be seen as a positive signal, indicating confidence in the company's future performance.

Future Outlook

The vesting of the RSUs is contingent upon the Reporting Person's continuous service.

Industry Context

This filing is a routine disclosure related to executive compensation and stock ownership, common in the financial services industry.

Stakeholder Impact

• The transaction may have a minor positive impact on shareholder sentiment due to the executive's increased stake in the company.

Key Dates