Rafael Mayer, 10% Owner at Greenlight Capital Re, Ltd. (GLRE), sold 250,000 shares at $10.38 ($2.5M) on 2008-11-28, disclosed to the SEC on 2008-12-09.
Open-market sale of $2.5M GLRE by 10% Owner. Not flagged as scheduled, tax-driven, or recurring — but no specific bearish signal from our filters. Reasons for insider sales vary widely.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $10.38 | 16,477 | $171K | 6.8% |
| 2 | $9.96 | 53,223 | $530K | 21.1% |
| 3 | $9.99 | 72,500 | $724K | 28.8% |
| 4 | $10.03 | 27,500 | $276K | 11.0% |
| 5 | $10.08 | 80,300 | $809K | 32.2% |
| Total | $10.04 avg | 250,000 |
| $2.5M |
| 100% |