GREENLIGHT CAPITAL RE, LTD.·4/A

Apr 7, 9:00 AM ET

Richardson Greg 4/A

Research Summary

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Greenlight Capital Re (GLRE) CEO Greg Richardson Receives RSU Award

What Happened Greg Richardson, CEO of Greenlight Capital Re, was granted 26,417 restricted stock units (RSUs) on March 13, 2026. The award is reported at $0.00 per share (no cash paid at grant). The RSUs will convert to ordinary shares upon vesting.

Key Details

  • Transaction type: Award/Grant (Code A).
  • Transaction date (corrected): March 13, 2026; Form 4/A filed April 7, 2026 to amend an earlier March 16, 2026 filing that had the wrong year listed.
  • Shares awarded: 26,417 RSUs; reported price $0.00.
  • Vesting: RSUs vest evenly over three years on January 1st, subject to Richardson’s continuous service; upon vesting they convert to ordinary shares (footnote F1).
  • Shares owned after transaction: not specified in the provided filing summary.
  • Timeliness: This is an amended filing correcting the transaction year; the original Form 4 was filed March 16, 2026.

Context This was a grant of restricted stock units (a standard form of executive compensation), not an open-market purchase or sale. RSU grants do not represent immediate cash value until they vest and convert to shares; they are typically intended for retention and alignment with shareholder interests. The amendment corrects administrative date information and does not, by itself, indicate a change in the economic terms of the grant.