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Global Indemnity Group, LLC·4

Apr 2, 5:34 PM ET

Gersch Seth 4

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Global Indemnity (GBLI) Director Seth Gersch Receives Award

What Happened
Seth Gersch, a director of Global Indemnity Group, LLC (GBLI), received an award of 5,630 vested Class A common shares on 2026-03-31. The reported per-share value was $28.19, for a total reported value of $158,710. This was a grant/award (Form 4 transaction code A) issued as board compensation, not an open-market purchase or sale.

Key Details

  • Transaction date: 2026-03-31; filing date: 2026-04-02 (filed within the usual two-business-day window).
  • Shares and value: 5,630 shares × $28.19 = $158,710.
  • Footnote: The award comprised 3,547 vested Class A shares for board services plus 2,083 vested Class A shares granted as a tax gross-up.
  • Shares owned after transaction: not reported in the provided filing excerpt.
  • Exhibits/remarks: Exhibit 24 (Power of Attorney) attached.

Context
This was a compensation award to a director (vested shares), which is common for board service and not a direct market signal like an open-market purchase or sale. The tax gross-up portion means additional shares were issued to cover tax obligations related to the compensation.