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Insider Buy CEO Buy March 13, 2020

Green Stephen purchased ~$102K in Global Indemnity Group, LLC stock

Global Indemnity Group, LLC (GBLI)  ·  President, Global Indemnity Re  ·  Data via SEC EDGAR Form 4

Verity Signals Research Published Updated

= insider buy date

90-day return

-18.0%

vs SPY +12.3%

GBLI price after insider trade by Green Stephen

Insider

Green Stephen

Role

President, Global Indemnity Re

Transaction

Open-Market Purchase

Approx. Value

~$102K

Trade Date

Mar 13, 2020

Company

Global Indemnity Group, LLC

Ticker

GBLI

Source

SEC EDGAR Form 4

Strong conviction signal

Scored above average across multiple factors. Roughly 15% of insider trades qualify as Strong.

~$102K purchase

A meaningful investment of personal capital. The average insider purchase is around $150K, putting this in the typical range for serious positions.

President, Global Indemnity Re

Corporate insiders must file trades with the SEC within 2 business days. Their unique access to non-public information makes these filings valuable data points.

-18.0% in 90 days (S&P 500: +12.3%)

This trade underperformed the S&P 500 by 30.3 percentage points. Not every insider trade wins. We track all of them so you can focus on the insiders with the best records.

GS

How good is Green Stephen at picking stocks?

Full track record: win rate, average return, and performance vs S&P 500

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On March 13, 2020, Green Stephen — President, Global Indemnity Re of Global Indemnity Group, LLC — filed a Form 4 with the SEC disclosing an open-market purchase of approximately ~$102K in Global Indemnity Group, LLC (GBLI) stock.

Under Section 16(a) of the Securities Exchange Act of 1934, corporate insiders must report all open-market stock transactions to the SEC within two business days. These filings — known as Form 4s — are publicly available on the SEC's EDGAR database. VeritySignals filters and scores the full Form 4 stream to surface high-conviction signals like this one.

In the 90 days following this trade, GBLI returned -18.0% versus +12.3% for the S&P 500 over the same period.

Full Conviction Analysis

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All data sourced from publicly available SEC Form 4 filings via EDGAR · Not financial advice · Past performance does not guarantee future results.

Signal strength Strong
Trade size ~$102K
Insider role President, Global Indemnity Re
90-day return -18.0%
vs S&P 500 -30.3%

What is this?

When company executives buy or sell their own stock, they must report it to the SEC within 2 days. These public filings reveal what the people who know the company best are doing with their own money.

Why does it matter?

Insiders can sell for many reasons (taxes, diversification, expenses), but they generally only buy for one: they think the stock is going up. That's why insider purchases are more predictive than sales.

What makes a trade "strong"?

We score trades on 15+ factors: the insider's role (CEO > director), trade size relative to their salary, whether other insiders also bought (clusters), and historical accuracy of the insider.

Read our full methodology →

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