Form 4: Greenlight Re COO Sells Shares for Tax Withholding

Greenlight Capital Re COO Patrick O'Brien sold 3,026 ordinary shares for tax withholding purposes related to vesting restricted stock units.

Summary

• Patrick O'Brien, Chief Operating Officer of Greenlight Capital Re, Ltd., sold 3,026 ordinary shares on June 23, 2026.
• The sale was conducted to satisfy tax withholding obligations due to the vesting of restricted stock units.
• The shares were sold at a weighted average price of $16.3597, with individual sales ranging from $16.31 to $16.38.
• Following the transaction, O'Brien beneficially owns 208,633 ordinary shares directly.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, as the share sale is for tax purposes and not indicative of a change in the executive's confidence in the company.

Future Outlook

No specific future outlook or guidance is provided in this filing.

Industry Context

StockSavvy.ai notes that insider sales for tax withholding are common events and do not necessarily indicate a negative view of the company's prospects, though they do reduce insider equity holdings.

Stakeholder Impact

• Shareholders: A small reduction in direct beneficial ownership by a key executive, though for a standard reason (tax withholding).

Key Dates

Keywords

Greenlight Capital Re, Patrick O'Brien, Form 4, Insider Trading, Share Sale, Tax Withholding, Restricted Stock Units, GLRE