Global Indemnity Group, LLC (GBLI): director Bruce Lederman resigned

Events in this filing

Item 5.02 as filed

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
Effective October 26, 2026, Bruce Lederman resigned as a Fox Paine Designated Director from the Board of Directors (the “Board”) of Global Indemnity Group, LLC. As of the date of his retirement from the Board, Mr. Lederman was the Chair of the Company’s Enterprise Risk Management ("ERM") Committee and a member of the Company's Audit and Conflicts Committees.
Also effective October 26, 2026, Jessica E. Buss was appointed by Fox Paine as a Designated Director to the Board and to serve as a member of the Audit, Conflicts and Nominating, Compensation and Governance Committees of the Board. Ms. Buss was also appointed as Chair of the ERM Committee. Ms. Buss will serve as a director for a term beginning on October 26, 2026 continuing until December 31, 2026.
Ms. Buss is a party to an agreement with the Class B Majority Shareholder pursuant to which she became a director and is not subject to election by the Company’s stockholders. Other than as described herein, there are no arrangements or understandings between Ms. Buss and any other person pursuant to which Ms. Buss was selected as a director of the Company.
Ms. Buss is not party to any transaction with the Company that would require disclosure under Item 404(a) of Regulation S-K. As a director, Ms. Buss will be subject to the non-executive director compensation plan as described in the Company’s Definitive Proxy Statement on Schedule 14A filed with the SEC on April 29, 2026. Ms. Buss will not be party to any other material plan, contract or arrangement or any grant or award under any such plan, contract or arrangement in connection with her appointment and in addition, Ms. Buss does not have any family relationship with any director or executive officer of the Company.
All capitalized terms defined above shall have the meaning ascribed to them in that certain Third Amended and Restated Limited Liability Company Agreement, dated January 16, 2025, as amended (the “LLCA”). The LLCA was previously filed as an exhibit to the Company’s Form 10-K, filed with the SEC on March 10, 2026.