FOX SAUL A 4

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.