Riley Brian Joseph bought GBLI
March 6, 2025 · Form 4 insider transaction
Riley Brian Joseph bought 11,384.5 shares of Global Indemnity Group, LLC at $0.00 per share, a transaction worth N/A. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 412 days after the transaction.
Footnotes
Book Value Rights ("BVRs") represent a contingent right to receive an amount of cash pursuant to the terms of the Notice of Book Value Rights Grant or Class A Common Shares of equal value as determined by the Issuer's board of directors. BVRs are awards indexed to Belmont Holdings GX, Inc.'s equity that may be settled in cash or Class A Common Shares.; Represents a grant of time-vested BVRs award in recognition of services rendered as an Officer of the Issuer. The BVRs vest as follows: (i) 33% on March 6, 2026, (ii) 33% on March 6, 2027, and (iii) 34% on March 6, 2028, in each case subject to the terms of the Notice of Book Value Rights Grant.