OReilly Brian Joseph 4
4 · GREENLIGHT CAPITAL RE, LTD. · Filed Mar 11, 2026
Research Summary
AI-generated summary of this filing
GLRE — Brian OReilly (Head of Innovations) Forfeits 2,195 Shares
What Happened
Brian OReilly, Head of Innovations at Greenlight Capital Re, reported a disposal of 2,195 shares effective 2026-03-09. The Form 4 shows these shares were disposed at $0.00 (total proceeds $0), and a footnote states they were forfeited performance-based restricted stock granted in 2023 — not a market sale for cash.
Key Details
- Transaction date: 2026-03-09 (Period of Report).
- Filing date: 2026-03-11 (Form 4 accession 0001385613-26-000016); filing appears timely.
- Transaction type/code: S — reported as an open market/private sale disposition but annotated as forfeiture.
- Shares disposed: 2,195; price per share reported as $0.00; total proceeds $0.
- Footnote: F1 — "Forfeited performance-based restricted stocks granted in 2023."
- Shares owned after the transaction: not specified in the provided filing details.
Context
Forfeiture of performance-based restricted stock means the awards were canceled and produced no cash proceeds. This is different from an insider selling shares into the market; it does not necessarily signal buying or selling sentiment by the insider. The filing does not state why the performance-based awards were forfeited (common reasons can include unmet performance targets or departure, but the filing provides no specific reason).
Insider Transaction Report
- Sale
ORDINARY SHARES
[F1]2026-03-09−2,195→ 97,135 total
Footnotes (1)
- [F1]Forfeited performance-based restricted stocks granted in 2023.