Company: GLRE
Filing Date: 2025-11-03
Form Type: 10-Q
Source: 0001385613-25-000113
Chunk: 96

Company: GREENLIGHT CAPITAL RE, LTD.
Filing Date: 2025-11-03
Form: 10-Q
Item: Part II, Item 2
Chunk 96
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Item 2.    UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS 

Refer to Note 10 “Share Capital” of the condensed consolidated financial statements for a summary of our share repurchase plan.

The table below details the share repurchases that were made under the Plan during the three months ended September 30, 2025:

Shares Purchased Under Publicly Announced Repurchase ProgramPeriodNumber of Shares PurchasedAverage Price per ShareMaximum Dollar Amount Still Available Under Share Repurchase PlanBeginning balance $25,000,000 July 1 - 31, 2025— $— 25,000,000 August 1 - 31, 2025— $— 25,000,000 September 1 - 30, 2025155,249 $12.88 23,000,012 Total155,249 $23,000,012 

During the three months ended September 30, 2025, we repurchased 155,249 ordinary shares at an average price of $12.88 per share, for a total of $2.0 million.

Item 3.    DEFAULTS UPON SENIOR SECURITIES 

None.

Item 4.    MINE SAFETY DISCLOSURES

Not applicable.

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Item 5.    OTHER INFORMATION

(c) Insider Trading Arrangements and Related Disclosures

Our directors and executive officers may purchase or sell shares of our ordinary shares in the market from time to time, including pursuant to equity trading plans adopted in accordance with Rule 10b5-1 under the Exchange Act (“Rule 10b5-1”) and in compliance with guidelines specified by the Company. In accordance with Rule 10b5-1 and our insider trading policy, directors, officers, and certain employees who, at such time, are not in possession of material non-public information about the Company are permitted to enter into written plans that pre-establish amounts, prices and dates (or formula for determining the amounts, prices and dates) of future purchases or sales of the Company’s stock, including shares acquired pursuant to the Company’s equity plans (“Rule 10b5-1 Trading Plans”). Under Rule 10b5-1 Trading Plan, a broker executes trades pursuant to parameters established by the director or executive officer when entering into the plan, without further direction from them.

During the three months ended September