STOCK TITAN

Saul A. Fox (GBLI) reports 9,154-share grant and large indirect Global Indemnity holdings

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Global Indemnity Group, LLC director and ten percent owner Saul A. Fox reported an indirect acquisition of 9,154 Class A Common Shares at $26.01 per share. The award consists of 5,767 shares granted for board service and 3,387 shares as a tax gross-up.

The filing shows Mr. Fox’s indirect holdings after this award include 1,892,140 Class A Common Shares and 550,000 Class A-2 Common Shares held through entities such as Mercury Assets Delaware LLC and Fox Mercury Investments, L.P., where he has an indirect pecuniary interest and disclaims beneficial ownership beyond that interest.

Positive

  • None.

Negative

  • None.
Insider FOX SAUL A
Role null
Type Security Shares Price Value
Grant/Award Class A Common Shares 9,154 $26.01 $238K
holding Class A Common Shares -- -- --
holding Class A-2 Common Shares -- -- --
Holdings After Transaction: Class A Common Shares — 1,892,140 shares (Indirect, See Footnote); Class A-2 Common Shares — 550,000 shares (Indirect, See Footnote)
Footnotes (1)
  1. Represents a grant of 5,767 Class A Common Shares ("A Common Shares") in recognition of services rendered as a board member of the Issuer and 3,387 A Common Shares granted as a tax gross-up. Includes 1,197,651 A Common Shares held by Mercury Assets Delaware LLC and Common Shares owned indirectly by Mercury Assets Delaware LLC through its limited partnership interest in Fox Mercury Investments, L.P., which holds 979,050 A Common Shares and 172,939 Class B Common Shares ("B Common Shares"). The sole member of Mercury Assets Delaware LLC is Benjerome Trust. Mr. Fox is the sole trustee of the Benjerome Trust. Mr. Fox disclaims beneficial ownership of these securities except to the extent of his indirect pecuniary interest therein. Common Shares owned indirectly by Fox Paine Global, Inc. through its indirect limited partnership interest in Fox Mercury Investments, L.P., which holds 979,050 A Common Shares and 172,939 B Common Shares. Mr. Fox is a director of Fox Paine Global, Inc. Mr. Fox disclaims beneficial ownership of these securities except to the extent of his indirect pecuniary interest therein. Common Shares held by Mercury Assets Delaware LLC, which holds 550,000 Class A-2 Common Shares. The sole member of Mercury Assets Delaware LLC is Benjerome Trust. Mr. Fox is the sole trustee of the Benjerome Trust. Mr. Fox disclaims beneficial ownership of these securities except to the extent of his indirect pecuniary interest therein.
Share grant 9,154 Class A Common Shares Grant/award acquisition to Saul A. Fox
Grant for board service 5,767 Class A Common Shares Compensation for board member services
Tax gross-up shares 3,387 Class A Common Shares Additional award as tax gross-up
Grant price <money>$26.01</money> per share Value used for 9,154-share award
Indirect Class A holdings 1,892,140 Class A Common Shares Indirect holdings after reported grant
Class A-2 holdings 550,000 Class A-2 Common Shares Held by Mercury Assets Delaware LLC
Mercury Assets Class A 1,197,651 Class A Common Shares Held by Mercury Assets Delaware LLC
Fox Mercury LP holdings 979,050 Class A and 172,939 Class B shares Held by Fox Mercury Investments, L.P.
Class A-2 Common Shares financial
"Class A-2 Common Shares held by Mercury Assets Delaware LLC, totaling 550,000 shares."
tax gross-up financial
"3,387 Class A Common Shares granted as a tax gross-up."
limited partnership interest financial
"Common Shares owned indirectly through its limited partnership interest in Fox Mercury Investments, L.P."
indirect pecuniary interest financial
"Mr. Fox disclaims beneficial ownership except to the extent of his indirect pecuniary interest therein."
beneficial ownership financial
"Mr. Fox disclaims beneficial ownership of these securities except to the extent of his indirect pecuniary interest therein."
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
grant, award, or other acquisition financial
"Transaction code A is described as a grant, award, or other acquisition."
See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
Learn about SEC filing dates
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
FOX SAUL A

(Last)(First)(Middle)
112 S. FRENCH STREET, SUITE 105

(Street)
WILMINGTON DELAWARE 19801

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Global Indemnity Group, LLC [ GBLI ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirectorX10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/30/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Class A Common Shares06/30/2026A9,154(1)A$26.011,892,140ISee Footnote(2)
Class A Common Shares293,715ISee Footnote(3)
Class A-2 Common Shares550,000ISee Footnote(4)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Represents a grant of 5,767 Class A Common Shares ("A Common Shares") in recognition of services rendered as a board member of the Issuer and 3,387 A Common Shares granted as a tax gross-up.
2. Includes 1,197,651 A Common Shares held by Mercury Assets Delaware LLC and Common Shares owned indirectly by Mercury Assets Delaware LLC through its limited partnership interest in Fox Mercury Investments, L.P., which holds 979,050 A Common Shares and 172,939 Class B Common Shares ("B Common Shares"). The sole member of Mercury Assets Delaware LLC is Benjerome Trust. Mr. Fox is the sole trustee of the Benjerome Trust. Mr. Fox disclaims beneficial ownership of these securities except to the extent of his indirect pecuniary interest therein.
3. Common Shares owned indirectly by Fox Paine Global, Inc. through its indirect limited partnership interest in Fox Mercury Investments, L.P., which holds 979,050 A Common Shares and 172,939 B Common Shares. Mr. Fox is a director of Fox Paine Global, Inc. Mr. Fox disclaims beneficial ownership of these securities except to the extent of his indirect pecuniary interest therein.
4. Common Shares held by Mercury Assets Delaware LLC, which holds 550,000 Class A-2 Common Shares. The sole member of Mercury Assets Delaware LLC is Benjerome Trust. Mr. Fox is the sole trustee of the Benjerome Trust. Mr. Fox disclaims beneficial ownership of these securities except to the extent of his indirect pecuniary interest therein.
/s/ Joanne Cheeseman, Attorney-in-fact07/02/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Saul A. Fox report at Global Indemnity Group (GBLI)?

Saul A. Fox reported an indirect acquisition of 9,154 Class A Common Shares at $26.01 per share. The grant reflects compensation for board service and a related tax gross-up, rather than an open-market purchase or sale.

How many Global Indemnity (GBLI) shares were granted for Saul A. Fox’s board service?

The filing states 5,767 Class A Common Shares were granted in recognition of services as a board member. An additional 3,387 Class A Common Shares were granted as a tax gross-up, bringing the total award to 9,154 Class A Common Shares.

What are Saul A. Fox’s indirect Class A holdings in Global Indemnity (GBLI) after the grant?

After the reported award, indirect holdings include 1,892,140 Class A Common Shares. These shares are held through entities such as Mercury Assets Delaware LLC and Fox Mercury Investments, L.P., where Mr. Fox has an indirect pecuniary interest and disclaims full beneficial ownership.

How are Global Indemnity (GBLI) shares held through Fox Mercury Investments, L.P. described?

Fox Mercury Investments, L.P. holds 979,050 Class A Common Shares and 172,939 Class B Common Shares. These are owned indirectly by Mercury Assets Delaware LLC and Fox Paine Global, Inc., with Mr. Fox disclaiming beneficial ownership beyond his indirect pecuniary interest.

Was the 9,154-share Global Indemnity (GBLI) award an open-market purchase by Saul A. Fox?

No, the 9,154 Class A Common Shares were reported with transaction code A, described as a grant, award, or other acquisition. The filing ties the award to board service and tax gross-up, not to an open-market transaction.