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Global Industrial officer proposes $176K share sale

The notice names Morgan Stanley Smith Barney LLC as broker and the NYSE as the exchange for the proposed sale.

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Form Type
144

Rhea-AI Filing Summary

Global Industrial Co (GIC) reports that its officer, Thomas Axmacher, proposes to sell 3,759 common shares, with an aggregate market value of $175,860.97. Morgan Stanley Smith Barney LLC is listed as broker, the NYSE as the exchange, and November 5, 2026 as the approximate sale date. Axmacher's reported sales during the preceding three months were 952 shares on August 13, 2026, and 1,848 shares on August 6, 2026.

Common shares proposed for sale 3,759 shares Proposed sale
Aggregate market value $175,860.97 Proposed sale
Common shares outstanding 38,199,823 shares Number listed in the securities-to-be-sold information
Common shares sold 952 shares Sale on August 13, 2026
Gross proceeds $37,223.20 Sale on August 13, 2026
Common shares sold 1,848 shares Sale on August 6, 2026
Gross proceeds $71,332.80 Sale on August 6, 2026
Rule 144 regulatory
"paragraph (a) of Rule 144"
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
Restricted Stock financial
"Restricted Stock"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
Stock Option Exercise financial
"Stock Option Exercise"
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.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many GIC shares does Thomas Axmacher propose to sell?

Thomas Axmacher proposes to sell 3,759 common shares at an aggregate market value of $175,860.97, with an approximate sale date of November 5, 2026. Morgan Stanley Smith Barney LLC is listed as broker and the NYSE as the exchange.

What GIC shares did Thomas Axmacher sell in the previous three months?

The reported sales were 952 shares on August 13, 2026, with gross proceeds of $37,223.20, and 1,848 shares on August 6, 2026, with gross proceeds of $71,332.80.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

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