O'BRIEN PATRICK 4
Research Summary
AI-generated summary
Greenlight Capital RE (GLRE) COO Patrick O'Brien Receives 31,961 Shares
What Happened
- Patrick O'Brien, COO of Greenlight Capital Re, had 31,961 restricted stock units vest and convert into 31,961 ordinary shares on March 9, 2026. The transaction is reported as an award/acquisition (code A) and shows an acquisition price of $0.00 (i.e., shares issued on vesting as compensation), total cash value reported $0.
Key Details
- Transaction date: 2026-03-09; Filing date: 2026-03-11 (Form 4 filed within the typical 2-business-day window).
- Shares acquired: 31,961 ordinary shares at $0.00 per share (vested RSUs converted).
- Shares owned after transaction: not specified in the provided filing.
- Footnote: F1 — vested restricted stock units converted to ordinary shares.
- Remark: Reporting person is also CEO of Greenlight Reinsurance Ireland, DAC, a wholly owned subsidiary of the issuer.
Context
- This was a vesting of compensation (RSUs), not a purchase or sale on the open market. Such conversions are routine compensation events and do not by themselves indicate a buying/selling signal. No immediate sale of the shares was reported in this Form 4.