Key Takeaways
- • Greenlight Capital Re, Ltd. (NASDAQ: GLRE) repurchased 120,335 ordinary shares from the David M. Einhorn 2021-07 Family Trust on October 30, 2026, at $15.0628 per share, according to a Form 4 filed November 2, 2026.
- • The transaction was a repurchase by the issuer under an Ordinary Share Repurchase Agreement, not an open-market sale by David Einhorn personally.
- • Following the transaction, the family trust holds 1,164,093 ordinary shares indirectly, while DME 2022 Holdings LLC holds 4,864,227 shares indirectly, with no LLC transactions reported.
- • Einhorn, a director and 10% owner of Greenlight Capital Re, disclaims beneficial ownership except for his pecuniary interest, per the filing.
Summary
A Form 4 filing dated November 2, 2026 discloses that Greenlight Capital Re, Ltd. repurchased 120,335 ordinary shares from the David M. Einhorn 2021-07 Family Trust on October 30, 2026. The shares were transacted at $15.0628 each under an Ordinary Share Repurchase Agreement with the company, as reported in the filing and summarized by Kalkine Media. The transaction is coded as a disposition (transaction code D).
David Einhorn, who serves as a director and holds a 10% stake in Greenlight Capital Re, is the reporting individual. The selling trust benefits Einhorn's children. After the sale, the trust retains 1,164,093 ordinary shares held indirectly. The filing also reports 4,864,227 shares held indirectly through DME 2022 Holdings LLC, which Einhorn manages solely and in which interests are held by a family trust for his children. No transactions involving those LLC shares were reported.
The filing states that Einhorn disclaims beneficial ownership of the shares except to the extent of his pecuniary interest. It notes that Daniel Roitman signed the form as attorney-in-fact on November 2, 2026, under a power of attorney referenced from an SEC exhibit dated August 29, 2019. Under Section 16 of the Securities Exchange Act of 1934, the beneficial owners are treated as directors by deputization due to their board representation at Greenlight Capital Re.
David Einhorn, who serves as a director and holds a 10% stake in Greenlight Capital Re, is the reporting individual. The selling trust benefits Einhorn's children. After the sale, the trust retains 1,164,093 ordinary shares held indirectly. The filing also reports 4,864,227 shares held indirectly through DME 2022 Holdings LLC, which Einhorn manages solely and in which interests are held by a family trust for his children. No transactions involving those LLC shares were reported.
The filing states that Einhorn disclaims beneficial ownership of the shares except to the extent of his pecuniary interest. It notes that Daniel Roitman signed the form as attorney-in-fact on November 2, 2026, under a power of attorney referenced from an SEC exhibit dated August 29, 2019. Under Section 16 of the Securities Exchange Act of 1934, the beneficial owners are treated as directors by deputization due to their board representation at Greenlight Capital Re.
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