Isaacs Ian 4
4 · GREENLIGHT CAPITAL RE, LTD. · Filed Jun 24, 2026
Research Summary
AI-generated summary of this filing
Greenlight Capital Re (GLRE) Director Ian Isaacs Sells Shares
What Happened
Ian Isaacs, a director of Greenlight Capital Re, Ltd. (GLRE), sold a total of 10,946 shares in two open-market transactions. On 2026-06-22 he disposed of 1,716 shares at a reported weighted-average price of $15.92 for proceeds of $27,316. On 2026-06-23 he disposed of 9,230 shares at a reported weighted-average price of $16.33 for proceeds of $150,710. Total proceeds across both sales were about $178,026. These were sales (not purchases or option exercises).
Key Details
- Transaction dates and prices:
- 2026-06-22: 1,716 shares sold; reported weighted-average price $15.92 (per-footnote range: $15.88–$16.04). (F1)
- 2026-06-23: 9,230 shares sold; reported weighted-average price $16.33 (per-footnote range: $16.2929–$16.41). (F2)
- Total shares sold: 10,946; total proceeds: ~$178,026.
- Shares owned after transaction: Not disclosed in the provided filing excerpt.
- Filing: Form 4 filed 2026-06-24; appears to be timely relative to the trade dates.
- Footnotes: The filing uses weighted-average prices and notes the sales occurred in multiple trades; the reporting person offers to provide per-trade breakdowns to the SEC or holders on request.
Context
Sales by directors can be routine (diversification, liquidity, tax planning) and do not by themselves indicate company performance; purchases are generally considered more bullish signals. These transactions were straightforward open-market sales (code S) executed across multiple trades — not option exercises, awards, or gifts.
Insider Transaction Report
- Sale
ORDINARY SHARES
[F1]2026-06-22$15.92/sh−1,716$27,316→ 69,421 total - Sale
ORDINARY SHARES
[F2]2026-06-23$16.33/sh−9,230$150,710→ 60,191 total
- 25,000(indirect: By Trust)
ORDINARY SHARES
- 25,000(indirect: By IRA)
ORDINARY SHARES
Footnotes (2)
- [F1]The price reported in Column 4 is a weighted average purchase price. These shares were sold in multiple trades at prices ranging from $15.88 to $16.04, inclusive. The Reporting Person hereby undertakes to provide upon request to the SEC staff, Greenlight Capital Re, Ltd., or any security holders of Greenlight Capital Re, Ltd., full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- [F2]The price reported in Column 4 is a weighted average purchase price. These shares were sold in multiple trades at prices ranging from $16.2929 to $16.41, inclusive. The Reporting Person hereby undertakes to provide upon request to the SEC staff, Greenlight Capital Re, Ltd., or any security holders of Greenlight Capital Re, Ltd., full information regarding the number of shares sold at each separate price within the range set forth in this footnote.