Insider sales are trivial relative to market cap and involve only a director and general counsel — no C-suite participation. The cluster is amplified by nearby earnings/press/offering filings per calibration, but the dollar amount is too small to act on. Monitor for any C-suite selling or larger volume before reading bearish intent.
Price Chart
Executive Summary
Two insiders at Greenlight Capital Re sold a total of $555K in open-market sales over a week, led by Director Joseph Platt ($425K) and General Counsel David Sigmon ($130K). The sales represent ~0.09% of market cap, falling below the 0.1% materiality threshold, and are consistent with routine portfolio diversification rather than a bearish signal. The cluster is amplified by cross-filing context (earnings, press, and offering events nearby), but the dollar amount is too small to warrant a directional call.
Key Financial Metrics
Key Facts
- Director Joseph Platt sold 23,613 shares at $18.01 on May 19, totaling $425K
- General Counsel David Sigmon sold 7,500 shares at $17.33 on May 14, totaling $130K
- Total insider sales of $555K represent ~0.09% of GLRE's $596M market cap
- No C-suite executives (CEO/CFO) participated in the cluster
- Sales are below the 0.1% materiality threshold and likely liquidity-driven
Financial Impact
$555K in total open-market sales, ~0.09% of market cap
Risk Factors
- If additional insider sales emerge above 0.5% of market cap, sentiment would shift bearish
- Cross-filing context (earnings, press, offering) could amplify future insider activity
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-GLRE-1779295217081 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 18, 2026 5w ago | Insider Cluster | $15.03 | awaiting T+60 | — | $15.02 (−0.07%) |
Jul 1, 2026 16w ago | Insider Cluster | $16.36 $14.93 | ▼ −8.74% | ▼ −11.70% | $15.02 (−8.19%) |
Jun 1, 2026 21w ago | 8-K | $14.94 $15.40 | ▲ +3.08% | ▲ +1.96% | $15.02 (+0.54%) |
May 20, 2026 22w ago | Insider Cluster | $17.71 $15.76 | ▼ −11.01% | ▼ −16.01% | $15.02 (−15.19%) |
May 15, 2026 23w ago | Insider Cluster | $17.52 $15.42 | ▼ −11.99% | ▼ −16.50% | $15.02 (−14.27%) |
May 5, 2026 24w ago | 8-K | $17.84 $16.65 | ▼ −6.67% | ▼ −8.73% | $15.02 (−15.81%) |
Apr 27, 2026 26w ago | Press Release | $18.81 $16.35 | ▼ −13.08% | ▼ −17.07% | $15.02 (−20.15%) |
Apr 6, 2026 29w ago | 8-K | $18.08 $16.37 | ▼ −9.46% | ▼ −22.73% | $15.02 (−16.92%) |
Mar 9, 2026 33w ago | Press Release | $14.96 $14.69 | ▼ −1.80% | ▼ −13.49% | $15.02 (+0.40%) |
US Market Status
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