STOCK TITAN

Global Indemnity (GBLI) director reports 8,446-share equity grant via entities

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

Rhea-AI Filing Summary

FOX SAUL A reported acquisition or exercise transactions in this Form 4 filing.

Global Indemnity Group, LLC director Saul A. Fox reported an indirect grant of 8,446 Class A Common Shares of GBLI at $28.19 per share. The award consists of 5,321 shares for board service and 3,125 shares as a tax gross-up, all held through affiliated entities.

Following the grant, Fox reports indirect ownership of 1,882,986 Class A Common Shares, 293,715 additional Class A Common Shares, and 550,000 Class A-2 Common Shares through entities including Mercury Assets Delaware LLC, Fox Mercury Investments, L.P., and Fox Paine Global, Inc. He disclaims beneficial ownership except for his indirect pecuniary interest.

Positive

  • None.

Negative

  • None.
Insider FOX SAUL A
Role Director, 10% Owner
Type Security Shares Price Value
Grant/Award Class A Common Shares 8,446 $28.19 $238K
holding Class A Common Shares -- -- --
holding Class A-2 Common Shares -- -- --
Holdings After Transaction: Class A Common Shares — 1,882,986 shares (Indirect, See Footnote); Class A-2 Common Shares — 550,000 shares (Indirect, See Footnote)
Footnotes (1)
  1. Represents a grant of 5,321 Class A Common Shares ("A Common Shares") in recognition of services rendered as a board member of the Issuer and 3,125 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.
Grant size 8,446 Class A Common Shares Equity grant reported on 2026-03-31
Grant price $28.19 per share Valuation for 8,446-share Class A grant
Board service shares 5,321 Class A Common Shares Granted in recognition of board service
Tax gross-up shares 3,125 Class A Common Shares Granted as a tax gross-up component
Indirect Class A holdings 1,882,986 Class A Common Shares Total indirect Class A holdings after transaction
Additional Class A holdings 293,715 Class A Common Shares Reported as separate indirect Class A position
Class A-2 holdings 550,000 Class A-2 Common Shares Indirect holdings via Mercury Assets Delaware LLC
tax gross-up financial
"and 3,125 A Common Shares granted as a tax gross-up"
indirect pecuniary interest financial
"Mr. Fox disclaims beneficial ownership of these securities except to the extent of his indirect pecuniary interest therein"
limited partnership interest financial
"through its limited partnership interest in Fox Mercury Investments, L.P."
Class A-2 Common Shares financial
"which holds 550,000 Class A-2 Common Shares"
beneficial ownership financial
"Mr. Fox disclaims beneficial ownership of these securities"
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.
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)
03/31/2026
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 Shares03/31/2026A8,446(1)A$28.191,882,986ISee 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 5,321 Class A Common Shares ("A Common Shares") in recognition of services rendered as a board member of the Issuer and 3,125 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.
Remarks:
Exhibit 24 - Power of Attorney
/s/ Joanne Cheeseman, Attorney-in-fact04/02/2026
** 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)