Director Sells Over $425K in Greenlight Capital Re Shares
GLRE sits 54% above its 52-week low of $11.565.
Summary
Director Joseph Platt Jr. sold 23,613 shares of Greenlight Capital Re, Ltd. for a total of $425,270 in an open market transaction.
Key Events · Ownership and Investor Activity · GLRE
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Director Sells Shares
Joseph P. Platt Jr., a Director, sold 23,613 ordinary shares of Greenlight Capital Re, Ltd. in an open market transaction.
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Significant Transaction Value
The sale generated $425,270.13 at a weighted average price of $18.01 per share.
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Reduced Holdings
Following this transaction, the director's reported direct holdings are 11,747 shares.
Analysis · GLRE · Finance
This open market sale by a director, totaling over $425,000, represents a significant disposition of shares. While it could be for personal liquidity, such a sale by an insider can be interpreted by investors as a signal regarding the director's outlook on the company's future performance. This transaction adds to the net distribution signal from insider activity over the last 90 days.
How filings like this one have moved
In the 30 days to Oct 4, 2026, 29.3% of the 1555 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.63%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, GLRE was trading at $17.80 on NASDAQ in the Finance sector, with a market capitalization of approximately $590.2M. The 52-week trading range was $11.57 to $19.39. This filing was assessed with negative market sentiment and an importance score of 7 out of 10.