Royce Global Trust insider sales 11/10–11/12; 549,346 indirect shares

Rhea-AI Filing Summary

Royce Global Trust, Inc. (RGT) reported insider transactions on Form 4. A reporting person classified as “Other — Sr. Advisor Royce & Associates” disclosed three open-market sales of common stock held indirectly through a family investment entity: 36,075 shares at $12.49 on 11/10/2025, 65,266 shares at $12.52 on 11/11/2025, and 29,663 shares at $12.54 on 11/12/2025.

Following these transactions, the filing shows 549,346 shares indirectly held via the family investment entity. Separately, 122,881 shares are held indirectly in the Royce Charitable Trust. The footnote states the reporting person has a substantial pecuniary interest in the family entity and disclaims beneficial ownership of portions in which there is no pecuniary interest.

Insights

Governance & Insider Transactions Analyst

Routine insider sales disclosed; neutral significance.

The filing lists three sales by a reporting person categorized as “Other — Sr. Advisor,” executed over consecutive days at prices between $12.49 and $12.54. The shares were held indirectly through a family investment entity, which is common in estate and investment structures.

Post-trade, indirect holdings via the family entity are shown as 549,346 shares, with an additional 122,881 shares held in a charitable trust. The footnote clarifies pecuniary interest and a disclaimer for portions without such interest.

This is a standard Form 4 disclosure without operational or financial guidance implications. Actual impact depends on personal portfolio decisions by the holder; the excerpt provides no forward milestones.

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
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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^*

ROYCE CHARLES M

(Last) (First) (Middle)

ROYCE GLOBAL TRUST, INC.

ONE MADISON AVENUE

(Street)

NEW YORK NY 10010

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
ROYCE GLOBAL TRUST, INC. [ RGT ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
	Officer (give title below)	X	Other (specify below)
			Sr. Advisor Royce & Associates

3. Date of Earliest Transaction (Month/Day/Year)
11/10/2025

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
Common Stock	11/12/2025		S		29,663	D	$12.54	549,346	I	Family Investment Entity(1)
Common Stock	11/11/2025		S		65,266	D	$12.52	579,009	I	Family Investment Entity(1)
Common Stock	11/10/2025		S		36,075	D	$12.49	644,275	I	Family Investment Entity(1)
Common Stock								122,881	I	Shares held in the Royce Charitable Trust

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. Shares held in a family investment entity of which the reporting person is the sole managing member and in which the reporting person has a substantial pecuniary interest (which may vary from time to time). The reporting person disclaims beneficial ownership of the portion of such shares owned the by the family investment entity in which he has no pecuniary interest.

	Dani Eng, Attorney-in-Fact	11/12/2025
	** 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 insider transactions did RGT disclose on Form 4?

Three common stock sales: 36,075 shares at $12.49 (11/10/2025), 65,266 at $12.52 (11/11/2025), and 29,663 at $12.54 (11/12/2025).

How many shares were indirectly held after the last reported sale for RGT?

The filing shows 549,346 shares indirectly held via the family investment entity after the 11/12/2025 transaction.

Does the RGT Form 4 note any other indirect holdings?

Yes. It lists 122,881 shares held indirectly in the Royce Charitable Trust.

What is the relationship of the reporting person to RGT?

The form marks “Other” with the description “Sr. Advisor Royce & Associates.”

Were the sales made under a Rule 10b5-1 trading plan?

The excerpt includes the 10b5-1 checkbox instruction, but it does not indicate that the box was checked.