Form 4: Greenlight Capital Re, Ltd.: Controller Sherry Diaz Reports Acquisition of Ordinary Shares

Controller Sherry Diaz reports acquisition of Greenlight Capital Re, Ltd. ordinary shares through restricted stock units.

Summary

• Sherry Diaz, Controller of Greenlight Capital Re, Ltd., filed a Form 4 on March 19, 2024, reporting changes in beneficial ownership.
• On March 15, 2024, Diaz acquired 4,444 ordinary shares through the vesting of restricted stock units (RSUs).
• The RSUs were granted under the Greenlight Capital Re, Ltd. 2023 Omnibus Incentive Plan and vest in three equal installments based on continuous service.
• Each RSU represents the right to receive one ordinary share.
• Following the transaction, Diaz beneficially owns 97,772 ordinary shares.

Sentiment

Score: 6

Explanation: The document is a standard regulatory filing, indicating a neutral sentiment. The acquisition of shares by an officer is mildly positive, suggesting confidence in the company.

Positives

• The acquisition of shares by a company officer can be seen as a positive sign, indicating confidence in the company's future performance.

Future Outlook

The RSUs will continue to vest in three equal installments based on the Reporting Person's continuous service.

Industry Context

Form 4 filings are a routine part of regulatory compliance for publicly traded companies and their insiders. They provide transparency into the trading activities of company officers and directors.

Stakeholder Impact

• The transaction may have a minor positive impact on shareholder sentiment, as it indicates confidence from a company officer.

Key Dates