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Seth Gersch receives 5,499 GBLI shares; ownership rises to 251,295

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

Rhea-AI Filing Summary

Seth Gersch, a director of Global Indemnity Group, LLC (GBLI), was issued 5,499 Class A Common Shares on 09/30/2025. The grant consisted of 3,464 vested shares for services as a board member and 2,035 vested shares granted as a tax gross-up. The transaction is reported at a price of $28.87 per share and leaves Mr. Gersch with 251,295 Class A Common Shares beneficially owned directly. The Form 4 was signed by an attorney-in-fact on 10/02/2025. The filing reflects a routine director compensation grant; no options, derivative securities, or additional changes were reported.

Positive

  • 5,499 Class A Common Shares granted as vested compensation on 09/30/2025
  • 3,464 vested shares explicitly awarded for board services, indicating alignment with directors
  • 2,035 vested shares granted as a tax gross-up, delivered immediately vested

Negative

  • None.

Insights

Director received vested equity as board compensation.

The Form 4 shows a 5,499-share issuance to Seth Gersch on 09/30/2025 split into 3,464 shares for services and 2,035 as a tax gross-up. This indicates the company used equity to compensate a board member for routine services rather than deferred or performance-based awards.

The filing lists 251,295 shares owned after the grant, confirming continued direct ownership rather than an indirect holding structure.

Transaction is a vested grant; price shown for reporting clarity.

The reported $28.87 price accompanies the non-derivative grant of 5,499 Class A Common Shares on 09/30/2025. Form 4 entries list this as a Code V transaction, consistent with a grant in recognition of services and a tax gross-up.

The form was executed by an attorney-in-fact on 10/02/2025, and no derivative securities were reported in Table II.

SEC Form 4
FORM 4 UNITED 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).
1. Name and Address of Reporting Person*
Gersch Seth

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

(Street)
WILMINGTON DE 19801

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Global Indemnity Group, LLC [ GBLI ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
09/30/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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)
Code V Amount (A) or (D) Price
Class A Common Shares 09/30/2025 A 5,499(1) A $28.87 251,295 D
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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Represents a grant of 3,464 vested Class A Common Shares ("A Common Shares") in recognition of services rendered as a board member of the Issuer and 2,035 vested A Common Shares granted as a tax gross-up.
Remarks:
Exhibit 24 - Power of Attorney
/s/Nathaniel D. DeRose, Attorney-in-fact 10/02/2025
** Signature of Reporting Person Date
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.

FAQ

What transaction did Seth Gersch report on Form 4 for GBLI?

The Form 4 reports a grant of 5,499 Class A Common Shares on 09/30/2025, recorded as a Code V transaction.

How were the 5,499 shares for GBLI allocated?

They were 3,464 vested shares for board services and 2,035 vested shares as a tax gross-up.

What price is shown for the shares on the Form 4?

The filing lists a price of $28.87 per share alongside the non-derivative grant.

How many GBLI shares does Seth Gersch beneficially own after the transaction?

The Form 4 reports 251,295 Class A Common Shares beneficially owned directly following the transaction.

Were any derivative securities reported in this filing?

No. Table II shows no derivative securities; only the non-derivative Class A Common Shares were reported.
Global Indemnity Group Llc

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408.09M
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0.09%
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