Global Indemnity Group, LLC·4

Jul 2, 4:22 PM ET

Gersch Seth 4

Research Summary

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Global Indemnity (GBLI) Director Seth Gersch Receives Award

What Happened

  • Seth Gersch, a director of Global Indemnity Group, LLC (GBLI), was granted/received 6,103 Class A Common Shares on 2026-06-30 at $26.01 per share, representing an aggregate value of $158,739. This transaction is an award/grant (code A) representing compensation for board service rather than an open-market purchase.

Key Details

  • Transaction date: 2026-06-30; Form 4 filed: 2026-07-02 (appears to be filed within the required two-business-day window).
  • Price per share: $26.01; Shares acquired: 6,103; Total value: $158,739.
  • Footnote: The grant comprises 3,845 vested Class A shares for board services and 2,258 vested Class A shares granted as a tax gross-up.
  • Shares owned after the transaction: Not specified in the provided filing.

Context

  • This was a compensation award (vested shares), not a market purchase or sale; such grants are routine forms of director pay and do not necessarily signal the director buying or selling based on company outlook.
  • The tax gross-up portion simply covers tax obligations on the award and is common in executive/director compensation arrangements.