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

Controller Sherry Diaz of Greenlight Capital Re, Ltd. reports the acquisition of 4,202 ordinary shares through restricted stock units (RSUs) that vest over three years.

Summary

• Sherry Diaz, Controller of Greenlight Capital Re, Ltd., filed a Form 4 detailing changes in beneficial ownership.
• On March 14, 2025, Diaz acquired 4,202 ordinary shares through the vesting of restricted stock units (RSUs).
• The RSUs vest in three equal annual installments based on continuous service.
• Upon vesting, the RSUs will be converted to ordinary shares.
• Following the transaction, Diaz beneficially owns 97,558 ordinary shares.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it reflects a routine transaction related to executive compensation. The acquisition of shares by an officer is generally viewed as a positive sign, but it's not a major event.

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 restricted stock units will vest in three equal annual installments based on the Reporting Person's continuous service. Upon vesting, the RSUs will be converted to ordinary shares.

Industry Context

Form 4 filings are a routine part of regulatory compliance for publicly traded companies, providing transparency into the transactions of company insiders.

Key Dates