Global Industrial (NYSE: GIC) officer preps sale after $189,224 share sale
Rhea-AI Filing Summary
GLOBAL INDUSTRIAL Co (GIC) had an affiliated shareholder, Claudia Hughes (an officer), file a notice to sell common stock under Rule 144. The notice covers a proposed sale of 1,734 shares of common stock through Fidelity Brokerage Services LLC, with an indicated value of $68,270.00, and reports 38,108,341 shares of common stock outstanding.
The filing also lists the sources of these shares, including purchases under an Employee Stock Purchase Plan between 2021 and 2023 and multiple Dividend Reinvestment acquisitions from 2024 to 2026. In the past three months, Claudia Hughes reported having sold 4,753 shares of GIC common stock for $189,224.00.
Positive
- None.
Negative
- None.
Key Figures
Shares to be sold under Rule 144: 1,734 shares
Aggregate market value of proposed sale: $68,270.00
Shares outstanding: 38,108,341 shares
+4 more
7 metrics
Shares to be sold under Rule 144
1,734 shares
Proposed sale of GLOBAL INDUSTRIAL Co common stock by Claudia Hughes through Fidelity
Aggregate market value of proposed sale
$68,270.00
Value associated with the 1,734 shares to be sold
Shares outstanding
38,108,341 shares
GLOBAL INDUSTRIAL Co common stock outstanding as reported in the Rule 144 notice
Shares sold in past 3 months
4,753 shares
Common shares sold by Claudia Hughes on 08/28/2026
Value of shares sold in past 3 months
$189,224.00
Aggregate sale price for 4,753 shares on 08/28/2026
Employee Stock Purchase Plan acquisitions
339; 382; 426; 453 shares
Shares acquired on 09/21/2021, 03/02/2022, 09/02/2022, and 03/02/2023
Dividend Reinvestment acquisitions
12; 14; 19; 15; 12; 16; 15; 16; 15 shares
Shares acquired via dividend reinvestment from 08/19/2024 to 08/24/2026
Key Terms
Rule 144, Employee Stock Purchase Plan, Dividend Reinvestment
3 terms
Rule 144 regulatory
"See the definition of "person" in 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.
Employee Stock Purchase Plan financial
"Common | 09/21/2021 | Employee Stock Purchase Plan | Issuer"
An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.
Dividend Reinvestment financial
"Common | 08/19/2024 | Dividend Reinvestment | Issuer"
Dividend reinvestment is when the money earned from a company's profit sharing, called dividends, is automatically used to buy more shares of that company instead of being received as cash. This process helps investors grow their holdings over time without extra effort, much like using earned interest to buy more of a savings account. It encourages long-term investment growth by continuously increasing the amount of shares owned.
FAQ
What does the Form 144 filing disclose for GLOBAL INDUSTRIAL Co (GIC)?
It discloses that officer Claudia Hughes filed a notice to sell 1,734 shares of GLOBAL INDUSTRIAL Co common stock under Rule 144, with an indicated value of $68,270.00, and reports 38,108,341 shares of common stock outstanding.
Who is the broker for the planned sale in this GLOBAL INDUSTRIAL Co (GIC) Form 144?
The planned sale of 1,734 shares of GLOBAL INDUSTRIAL Co common stock is listed with Fidelity Brokerage Services LLC, located at 900 Salem Street, Smithfield, RI 02917, as the broker handling the transaction.
AI-generated analysis. How Rhea-AI works. Not financial advice.