FOX SAUL A 4

4 · Global Indemnity Group, LLC · Filed Jul 2, 2026

AI-generated summary of this filing

Updated Jul 2, 2026

Global Indemnity (GBLI) 10% Owner Saul Fox Receives Award

What Happened

Saul A. Fox, a reported 10% owner of Global Indemnity Group, LLC (GBLI), was granted 9,154 Class A Common Shares on June 30, 2026. The shares were valued at $26.01 each, for a total grant value of $238,096. This transaction is reported on Form 4 as an award/grant (transaction code A), not an open-market purchase or sale.

Key Details

Transaction date and price: June 30, 2026 — 9,154 shares at $26.01 per share (total $238,096).
Grant composition (footnote F1): 5,767 A Common Shares for board service and 3,387 A Common Shares issued as a tax gross-up.
Reported holdings/beneficial ownership (footnotes): the filing lists substantial indirect holdings through related entities — e.g., Mercury Assets Delaware LLC and Fox Mercury Investments, L.P. (references include 1,197,651 A Common Shares; 979,050 A and 172,939 B Common Shares; and 550,000 A-2 Common Shares). Mr. Fox disclaims beneficial ownership of certain shares except to the extent of his indirect pecuniary interest.
Filing timeliness: Form 4 was filed on July 2, 2026 (covering the June 30, 2026 transaction); no late filing flag indicated.

Context

This was a compensation award for board service (part of the grant was a tax gross-up), not an open-market buy or sell. Such awards reflect company compensation practices rather than a direct trading signal about Mr. Fox’s view of the stock.
As a reported 10% owner with holdings largely held indirectly through entities, Mr. Fox’s economic exposure is via those entities; the filing disclaims direct beneficial ownership of many of those shares except to the extent of indirect pecuniary interest.

Form 4

Period: 2026-06-30

Director10% Owner

Transactions

Award
Class A Common Shares
[F1][F2]
2026-06-30$26.01/sh+9,154$238,096→ 1,892,140 total(indirect: See Footnote)

Holdings

Footnotes (4)

[F1]Represents a grant of 5,767 Class A Common Shares ("A Common Shares") in recognition of services rendered as a board member of the Issuer and 3,387 A Common Shares granted as a tax gross-up.
[F2]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.
[F3]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.
[F4]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.

Signature

/s/ Joanne Cheeseman, Attorney-in-fact|2026-07-02

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