secwatch.observer — SEC 8-K summary
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Issuer:     GREENLIGHT CAPITAL RE, LTD. (GLRE)
CIK:        0001385613
Form:       8-K
Filed at:   2026-06-01T20:25:03+00:00
Accession:  0001385613-26-000078
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Greenlight Capital Re enters share repurchase agreement with David Einhorn trust to maintain ownership
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- Agreement to repurchase shares from Einhorn trust to keep his ownership percentage constant, avoiding adverse tax consequences.
- Repurchased shares equal 33% of shares bought under upcoming 10b5-1 plan; price equals weighted average price under plan.
- Closing expected on or about August 3, 2026; agreement may be terminated if no plan entered or no repurchases.
- Chairman Einhorn's ownership was increasing due to recent buybacks; this agreement aims to maintain his share count.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1385613/000138561326000078/0001385613-26-000078-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1385613/000138561326000078/glre-20260601.htm
  HTML page:      https://secwatch.observer/filing/0001385613-26-000078

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