Isaacs Ian 4

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.