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 5,000 shares in two open-market transactions for aggregate proceeds of roughly $77,118. On 2026-08-27 he sold 946 shares at a weighted average price of $15.43 (proceeds $14,596). On 2026-08-28 he sold 4,054 shares at a weighted average price of $15.42 (proceeds $62,522). These were outright sales (dispositions), which are typically routine insider selling rather than purchases that might signal buying conviction.

Key Details

• Transaction dates and prices:
  • 2026-08-27: 946 shares sold; weighted avg price $15.43; proceeds $14,596. (Footnote F1: trades priced between $15.42 and $15.435.)
  • 2026-08-28: 4,054 shares sold; weighted avg price $15.42; proceeds $62,522. (Footnote F2: trades priced between $15.42 and $15.44.)
• Total sold: 5,000 shares for approximately $77,118.
• Shares owned after transaction: Not reported on this Form 4.
• Notable footnotes: Both footnotes state the reported prices are weighted averages and that the reporting person can provide a breakdown of trades/prices within the stated ranges upon request.
• Timeliness: Form was filed 2026-08-31 for transactions on Aug 27–28; the filing appears to be within the SEC’s required two business-day window.

Context

• These sales were open-market disposals (transaction code S). Sales are common among insiders for various reasons and do not, by themselves, indicate company outlook. Purchases are generally considered more indicative of insider confidence than routine sales.