Greenlight Capital Re (GLRE) Director John Welch Receives Award

What Happened
John Welch, a director of Greenlight Capital Re, Ltd. (GLRE), was granted 13,356 restricted shares on 2026-09-03. The award is reported at $0 per share (total reported value $0) and was filed on Form 4 on 2026-09-04. This was an equity award (acquisition code A), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-09-03; Form 4 filed: 2026-09-04 (timely within SEC reporting window).
• Security: 13,356 restricted shares granted at $0.00 per share (transaction code A).
• Total reported value of the grant: $0 (per filing).
• Vesting/plan note: Award granted under the Greenlight Capital Re, Ltd. 2023 Omnibus Incentive Plan; vests on the earlier of the first anniversary of the grant date and the next annual general meeting of shareholders (footnote F1).
• Shares owned after the transaction: not specified in the provided excerpt.
• No tax-withholding, sale, or exercise noted in this transaction.

Context
Restricted stock awards are compensation grants subject to vesting conditions; they do not represent an immediate cash transaction or a direct market buy/sell signal. Such grants are commonly used for director/executive compensation and retention. For investors, the award signals management/board compensation activity but should not be interpreted alone as a buy or sell endorsement of the stock. Monitor future filings for vesting events or subsequent open-market sales.