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Global Industrial (NYSE: GIC) officer preps sale after $189,224 share sale

(Neutral)
(Neutral)
Form Type
144

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.

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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
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.

How many GIC shares is Claudia Hughes planning to sell under this Form 144?

The notice covers a proposed sale of 1,734 shares of GLOBAL INDUSTRIAL Co common stock, with an indicated aggregate value of $68,270.00, to be sold through Fidelity Brokerage Services LLC on the NYSE.

What GIC share sales has Claudia Hughes reported in the past three months?

In the past three months, Claudia Hughes reported selling 4,753 shares of GLOBAL INDUSTRIAL Co common stock on 08/28/2026 for total proceeds of $189,224.00, as listed in the Form 144 "Securities Sold During The Past 3 Months" section.

What is the reported number of GLOBAL INDUSTRIAL Co (GIC) shares outstanding in the Form 144?

The Form 144 reports that GLOBAL INDUSTRIAL Co had 38,108,341 shares of common stock outstanding, tied to the Rule 144 selling information for Claudia Hughes’s planned sale.

How did Claudia Hughes acquire the GIC shares covered by this Form 144?

The filing lists acquisitions through an Employee Stock Purchase Plan on several dates between 09/21/2021 and 03/02/2023, and additional acquisitions via Dividend Reinvestment between 08/19/2024 and 08/24/2026.

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.

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Learn about SEC filing dates

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