Global Industrial Company (NYSE: GIC) lists 17,500 shares for potential NYSE resale
Rhea-AI Filing Summary
Global Industrial Company (GIC) filed a notice of proposed resale of common stock. The filing lists up to 17,500 shares of common stock to be sold through Morgan Stanley Smith Barney LLC Executive Financial Services, New York, with an aggregate market value of $684,962.25, to be sold on or after 08/06/2026 on the NYSE. The shares are tied to two stock option exercises for cash dated 08/06/2026, for 5,000 shares and 12,500 shares, respectively.
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Key Figures
Shares proposed for resale: 17,500 shares
Aggregate market value: $684,962.25
Proposed sale date: 08/06/2026
+2 more
5 metrics
Shares proposed for resale
17,500 shares
Common stock listed for potential sale through Morgan Stanley Smith Barney LLC Executive Financial Services
Aggregate market value
$684,962.25
Market value of 17,500 common shares proposed for resale
Proposed sale date
08/06/2026
Date associated with the proposed NYSE sale of the common shares
Option exercise 1
5,000 shares
Stock option exercise for cash dated 08/06/2026
Option exercise 2
12,500 shares
Stock option exercise for cash dated 08/06/2026
Key Terms
Form 144, Stock Option Exercise, Executive Financial Services
3 terms
Form 144 regulatory
"144: Securities Information Common | Morgan Stanley Smith Barney LLC"
Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.
Stock Option Exercise financial
"Common | 08/06/2026 | Stock Option Exercise | Issuer"
A stock option exercise is the act of using a previously granted right to buy shares of a company's stock at a specific, predetermined price by paying that price and receiving the shares. It matters to investors because exercising changes who owns the shares (which can dilute existing ownership), can trigger taxable events and shift potential gains or losses, and affects voting power and the company’s outstanding share count—like turning a voucher into an actual product that becomes part of circulating supply.
Executive Financial Services financial
"Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What does Global Industrial Company (GIC) disclose in this Form 144?
Global Industrial Company discloses a planned resale of up to 17,500 shares of common stock with an aggregate market value of $684,962.25, to be sold on or after 08/06/2026 on the NYSE.