Form 4: Greenlight Re Director Boosts Stake

Greenlight Capital Re, Ltd. Director Leonard R. Goldberg acquired 8,046 ordinary shares through a restricted stock award.

Summary

• Director Leonard R. Goldberg acquired 8,046 ordinary shares of Greenlight Capital Re, Ltd. on August 7, 2025.
• The acquisition was a restricted stock award granted pursuant to the Greenlight Capital Re, Ltd. 2023 Omnibus Incentive Plan.
• The award will vest on the earlier of the first anniversary of the grant date or the 2026 annual general meeting of shareholders.
• Following this transaction, Goldberg directly beneficially owns 242,605 ordinary shares.
• He also indirectly beneficially owns 22,870 ordinary shares through a trust for which he retains beneficial ownership.
• An additional 24,000 ordinary shares are indirectly beneficially owned through a trust for his immediate family members, with his spouse serving as trustee.

Sentiment

Score: 7

Explanation: The acquisition of shares by a director, particularly through a restricted stock award, generally indicates confidence in the company's future prospects and aligns management interests with shareholders. While it's a compensation event, it's a positive signal of insider commitment.

Positives

• Director Leonard R. Goldberg increased his direct beneficial ownership by 8,046 ordinary shares, signaling confidence in the company.
• The acquisition is a restricted stock award, which aligns the director's long-term interests with shareholder value.

Future Outlook

The restricted stock award is set to vest on the earlier of its first anniversary from the grant date or the 2026 annual general meeting of shareholders, indicating a future alignment of director compensation with company performance.

Industry Context

This filing reports an insider transaction, which is a routine disclosure for publicly traded companies and does not provide broader industry context or trends.

Corporate Governance

Related Party Transactions

• Indirect beneficial ownership of 22,870 ordinary shares held for the account of a trust for which the Reporting Person retains beneficial ownership.
• Indirect beneficial ownership of 24,000 ordinary shares held for the account of a trust for the benefit of the Reporting Person's immediate family members, with the Reporting Person's spouse as trustee.

Stakeholder Impact

• Shareholders: Increased alignment of a director's interests with shareholder value through direct share ownership and a restricted stock award.

Next Steps

• Vesting of the restricted stock award on the earlier of the first anniversary of the grant date or the 2026 annual general meeting of shareholders.

Key Dates

Keywords

Greenlight Capital Re, GLRE, Form 4, Insider Trading, Stock Award, Restricted Stock, Director Ownership, Leonard R. Goldberg, Share Acquisition