Global Indemnity Group (GBLI) CEO receives 50,000 options grant on Form 4

Rhea-AI Filing Summary

Global Indemnity Group, LLC reported that Chief Executive and director Joseph W. Brown received a grant of stock options on January 2, 2026. He was awarded options to purchase 50,000 Class A Common Shares at an exercise price of $28.74 per share, granted under his Chief Executive Officer Agreement and the company’s 2023 Share Incentive Plan. These options vest 100% on December 31, 2028 and, once vested, are exercisable for seven years from the grant date, through January 2, 2033. Following this grant, Brown directly holds 500,000 derivative securities (stock options) tied to the company’s Class A Common Shares.

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

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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^*

BROWN JOSEPH W

(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
X	Officer (give title below)		Other (specify below)
	Chief Executive

3. Date of Earliest Transaction (Month/Day/Year)
01/02/2026

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

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
Option to Purchase Class A Common Shares (right to buy)	$28.74	01/02/2026		A		50,000(1)		12/31/2028(1)	01/02/2033	Class A Common Shares	50,000	$0	500,000	D

Explanation of Responses:

1. Options to purchase GBLI A Common Shares granted pursuant to (i) the terms of Mr. Brown's January 17, 2024 Chief Executive Officer Agreement, (ii) the Global Indemnity Group, LLC 2023 Share Incentive Plan, effective as of April 4, 2023 and (iii) the Global Indemnity Group, LLC Share Incentive Plan Non-Qualified Stock Option Grant Notice and Stock Option Agreement, dated January 2, 2026. Subject to the terms thereof, this Option shall vest and become exercisable with respect to the A Common Shares subject thereto as follows: 100% on December 31, 2028. This Option, to the extent vested, is exercisable during the seven-year period following the grant date.

	/s/Nathaniel D. DeRose, Attorney-in-fact	01/06/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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FAQ

What did Global Indemnity Group (GBLI) disclose about its CEO in this Form 4?

The filing shows that Chief Executive and director Joseph W. Brown received a grant of options to purchase 50,000 Class A Common Shares on January 2, 2026.

What are the key terms of Joseph W. Brown’s new stock options at GBLI?

Brown’s options allow him to buy 50,000 Class A Common Shares at an exercise price of $28.74 per share. They were granted under his Chief Executive Officer Agreement and the 2023 Share Incentive Plan.

When do the GBLI stock options granted to Joseph W. Brown vest and expire?

The options vest and become fully exercisable 100% on December 31, 2028. Once vested, they are exercisable during a seven-year period following the January 2, 2026 grant date, through January 2, 2033.

How many Global Indemnity derivative securities does Joseph W. Brown hold after this grant?

After the reported transaction, Brown beneficially owns 500,000 derivative securities (stock options) tied to Global Indemnity’s Class A Common Shares, held in direct ownership.

Under which plans or agreements were Joseph W. Brown’s GBLI options granted?

The options were granted pursuant to Mr. Brown’s January 17, 2024 Chief Executive Officer Agreement, the Global Indemnity Group, LLC 2023 Share Incentive Plan, and a Non-Qualified Stock Option Grant Notice and Stock Option Agreement dated January 2, 2026.

What type of security is reported in this GBLI Form 4 filing?

The filing reports a derivative security: an Option to Purchase Class A Common Shares (right to buy), covering 50,000 underlying Class A Common Shares.