Romer Faramarz 4

What Happened
Romer Faramarz, Chief Financial Officer of Greenlight Capital Re, Ltd. (GLRE), disposed of 2,689 shares on March 9, 2026. The filing reports these shares at $0.00 per share for total proceeds of $0 — the shares were forfeited performance-based restricted stock granted in 2023 rather than sold for cash.

Key Details

• Transaction date: 2026-03-09
• Report filed: 2026-03-11 (filed within the typical two-business-day Form 4 window)
• Transaction reported as: "S" (sale/disposition) with price $0.00 and total $0.00
• Shares affected: 2,689 performance-based restricted shares forfeited (Footnote F1: forfeited awards granted in 2023)
• Shares owned after transaction: not specified in the provided summary of the filing

Context
This was a forfeiture of performance-based restricted stock (no cash changed hands), which is different from an open-market sale or purchase and does not by itself signal insider buying or selling intent. Footnote F1 clarifies these were awards granted in 2023 that were forfeited.