Diaz Sherry 4

What Happened
Sherry Diaz, Controller of GREENLIGHT CAPITAL RE, received a grant of 3,808 restricted stock units (RSUs) on 2025-03-13. The RSUs were reported as acquired at $0.00 (no cash paid at grant). This is an equity award (compensation), not an open-market purchase or sale.

Key Details

• Transaction date: 2025-03-13; Report filed: 2026-03-16 (filing appears to be late relative to the transaction date).
• Grant: 3,808 RSUs; reported acquisition price $0.00 (total reported value $0 at grant).
• Shares owned after transaction: not specified in the filing.
• Footnote: RSUs vest evenly over three years on January 1st, subject to the reporting person’s continuous service; upon vesting RSUs convert to ordinary shares.
• Transaction type code: A (award/grant).

Context
RSU awards are a form of compensation. They do not represent immediately tradable shares until they vest and convert to ordinary shares; unvested RSUs may be forfeited if service terminates. Because this is a grant (not a purchase or sale), it should be viewed primarily as compensation disclosure rather than a direct insider market buy/sell signal. The late filing may reflect an administrative delay; it does not change the nature of the award.