Global Indemnity (GBLI) director amends Form 3 to correct share count
Filing Impact
Filing Sentiment
Form Type
3/A
Rhea-AI Filing Summary
Global Indemnity Group, LLC director Michele Colucci filed an amended Form 3 to correct previously reported share ownership. The amendment states that Colucci beneficially owned 7,932 Class A Common Shares directly as of the date she became a reporting person.
The filing explains that the original Form 3 contained an administrative error in the number of securities reported across a brokerage account and the transfer agent account. This amendment is described as a correction of that prior reporting, not as a new transaction in the shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Colucci Michele
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Class A Common Shares | -- | -- | -- |
Holdings After Transaction:
Class A Common Shares — 7,932 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Directly owned shares: 7,932 shares
Insider transaction direction: No buys or sells reported
Holding entries: 1 entry
3 metrics
Directly owned shares
7,932 shares
Class A Common Shares beneficially owned as of becoming a reporting person
Insider transaction direction
No buys or sells reported
Form 3/A classified as holding entry with unknown transaction code
Holding entries
1 entry
Transaction summary shows one holding record and no net buy/sell activity
Key Terms
Form 3/A, beneficially owned, transfer agent account
3 terms
Form 3/A regulatory
"This Form 3/A amends the original Form 3 filed on 5/28/2026"
An amended Form 3 (Form 3/A) is a corrected or updated disclosure filed with regulators that revises an insider’s initial report of their ownership in a public company — typically for officers, directors or large shareholders. Investors use it like a corrected inventory list: it clarifies who owns how many shares and whether earlier reports had errors, helping assess insider confidence, possible conflicts and the accuracy of ownership records that can affect stock valuation and trust.
beneficially owned financial
"to correct the number of shares beneficially owned as of the date of becoming a reporting person"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
transfer agent account financial
"error in the number of securities previously reported in a brokerage account and the Reporter's transfer agent account"
FAQ
What does Global Indemnity Group (GBLI) director Michele Colucci’s Form 3/A report?
The Form 3/A reports Michele Colucci’s corrected initial holdings of 7,932 Class A Common Shares in Global Indemnity Group. It updates her beneficial ownership as of when she became a reporting person, replacing an earlier, incorrect share figure.
Is Michele Colucci’s GBLI Form 3/A an insider buy or sell?
The Form 3/A does not report a buy or sell transaction. It amends the original Form 3 solely to correct an administrative error in the number of Class A Common Shares previously reported in brokerage and transfer agent accounts.
Why did Global Indemnity’s director file an amended Form 3 (Form 3/A)?
The Form 3/A was filed to fix an administrative error in the original Form 3. The company notes the number of securities in a brokerage account and transfer agent account was previously misreported, so the amendment updates the correct beneficial ownership.
Does the GBLI Form 3/A indicate any derivative or option positions for Michele Colucci?
The filing shows no derivative securities or option positions for Michele Colucci. Only direct ownership of 7,932 Class A Common Shares is disclosed, and the derivative section of the insider data in this amendment contains no listed instruments.