Global Indemnity Group (GBLI) grants director 20,000 Class A-2 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
McGeehan Thomas reported acquisition or exercise transactions in this Form 4 filing.
Global Indemnity Group, LLC director Thomas McGeehan received a grant of 20,000 Class A-2 Common Shares. The award was granted at no cash price as recognition for his services as a board member. According to the footnote, these A-2 shares vest only upon a Change of Control as defined in the award agreement.
After this grant, McGeehan directly holds 20,000 Class A-2 Common Shares and 78,851 Class A Common Shares. The filing reflects a compensation-related equity award rather than an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
McGeehan Thomas
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A-2 Common Shares | 20,000 | $0.00 | -- |
| holding | Class A Common Shares | -- | -- | -- |
Holdings After Transaction:
Class A-2 Common Shares — 20,000 shares (Direct);
Class A Common Shares — 78,851 shares (Direct)
Footnotes (1)
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FAQ
What did Global Indemnity Group (GBLI) director Thomas McGeehan report in this Form 4?
Thomas McGeehan reported receiving a grant of 20,000 Class A-2 Common Shares. The award was granted as recognition for his services as a board member and is structured to vest only upon a defined Change of Control event.
Does the Global Indemnity Form 4 show any stock sales by Thomas McGeehan?
The filing does not report any stock sales by McGeehan. It shows a grant of 20,000 Class A-2 Common Shares as compensation and a separate line indicating his direct holdings of 78,851 Class A Common Shares.