O'BRIEN PATRICK 4

What Happened Patrick O'Brien, COO of Greenlight Capital Re, sold 3,026 ordinary shares in an open-market transaction on 2026-06-23. The weighted average sale price was $16.36 per share (range $16.31–$16.38), producing total proceeds of $49,504. This was a sale to satisfy tax withholding obligations related to the vesting of restricted stock units (RSUs), per the filing footnote.

Key Details

• Transaction date: 2026-06-23; Form 4 filed 2026-06-25 (timely).
• Transaction type/code: Sale (S); executed in the open market.
• Shares sold: 3,026; weighted average price: $16.36; price range reported: $16.31–$16.38.
• Total proceeds: $49,504.
• Reason noted: Tax withholding for RSU vesting (Footnote F1). Footnote F2 notes the weighted average and offers to provide a per-trade breakdown on request.
• Shares owned after the transaction: Not specified in the provided filing.
• Remark: O'Brien is also CEO of Greenlight Reinsurance Ireland, DAC, a wholly owned subsidiary of the issuer.

Context Sales to cover tax withholding on vested RSUs are common and typically routine administrative transactions rather than direct statements about an insider's view of the company. Purchases tend to be more informative of insider conviction; this filing reflects a routine disposition tied to compensation tax obligations.