O'BRIEN PATRICK 4

What Happened

• Patrick O'Brien, COO (and CEO of Greenlight Reinsurance Ireland, DAC, a wholly owned subsidiary), received a grant of 9,273 restricted stock units (RSUs) reported on 2026-03-13. The filing shows an acquisition price of $0.00 (award), so no cash was paid. The RSUs will convert to ordinary shares when they vest.

Key Details

• Transaction date: 2026-03-13; filing date: 2026-03-16.
• Award: 9,273 RSUs; reported price: $0.00 (award/grant).
• Vesting: RSUs vest evenly over three years on January 1 of each year, subject to continuous service; upon vesting RSUs convert to ordinary shares (footnote).
• Shares owned after transaction: not specified in the filing.
• No indication of a 10b5-1 plan, tax-withholding sale, or late-filing flag in the report; the filing reports the grant three days after the award date.

Context

• RSU grants are a common form of executive compensation and are typically intended as retention and performance incentives. Because these units vest over time and convert to shares only upon vesting, they do not represent an immediate purchase of shares and are not the same as an open-market buy signal.