Diaz Sherry 4

What Happened Sherry Diaz, Controller of Greenlight Capital Re, reported a disposition on March 9, 2026 of 987 shares. The Form 4 shows the shares were disposed at $0.00 for total proceeds of $0. The filing footnote clarifies these were forfeited performance-based restricted shares granted in 2023 — not an open-market cash sale.

Key Details

• Transaction date and type: 2026-03-09 — reported as a sale/disposition (code S) of 987 shares at $0.00.
• Reported value: $0 (no cash proceeds).
• Filed with SEC: Form 4 filed March 11, 2026 (two business days after the transaction; timely).
• Shares owned after transaction: Not specified in the provided report.
• Footnote: F1 — Forfeited performance-based restricted stock granted in 2023 (explains the $0.00 disposal).

Context This was a forfeiture of performance-based restricted stock (per the footnote), which is an administrative disposition rather than a cash sale and does not directly signal buying or selling intent. For retail investors, purchases can be a stronger indicator of insider confidence; forfeitures typically reflect award conditions (e.g., performance targets or vesting rules) rather than trading decisions.