Global Industrial (NYSE: GIC) officer prepares new stock sale
Rhea-AI Filing Summary
GLOBAL INDUSTRIAL COMPANY (GIC) reported a planned sale of common stock by officer Claudia Hughes under Rule 144. Hughes filed to sell up to 4,753 common shares through Morgan Stanley Smith Barney LLC. The shares derive from restricted stock, performance shares, and employee stock purchase plan acquisitions over 2022–2025.
Hughes previously sold 1,721 common shares for $68,270.10 on August 27, 2026.
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Key Figures
Shares proposed for sale under Rule 144: 4,753 common shares
Recent shares sold: 1,721 common shares
Proceeds from recent sale: $68,270.10
+2 more
5 metrics
Shares proposed for sale under Rule 144
4,753 common shares
Total common shares covered by the Form 144 notice for Claudia Hughes
Recent shares sold
1,721 common shares
Shares of GIC common stock sold on 08/27/2026
Proceeds from recent sale
$68,270.10
Total proceeds from 1,721 GIC shares sold on 08/27/2026
Largest single acquisition lot in ESPP entries
1,468 common shares
Shares acquired on 06/30/2024 under Employee Stock Purchase Plan
Future sale deadline related date
08/28/2026
Date associated with securities information and signature on the notice
Key Terms
Rule 144, Restricted Stock, Performance Shares, Employee Stock Purchase Plan, +1 more
5 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.
Restricted Stock financial
"Common | 06/30/2025 | Restricted Stock | Issuer"
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.
Employee Stock Purchase Plan financial
"Common | 09/02/2023 | 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.
Form 144 regulatory
"144: Filer Information"
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.
FAQ
What does the Form 144 filing disclose for GLOBAL INDUSTRIAL COMPANY (GIC)?
The filing discloses that officer Claudia Hughes intends to sell up to 4,753 common shares of GLOBAL INDUSTRIAL COMPANY under Rule 144, with the sale to be handled by Morgan Stanley Smith Barney LLC.
What types of GIC equity awards are included in the planned sale?
The planned sale includes shares from Restricted Stock awards dated 06/30/2025, 02/21/2025, and 02/28/2025, Performance Shares dated 01/01/2022 and 12/31/2022, and Employee Stock Purchase Plan purchases dated 09/02/2023, 02/21/2024, and 06/30/2024.
AI-generated analysis. How Rhea-AI works. Not financial advice.