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Global Industrial (NYSE: GIC) officer prepares new stock sale

(Neutral)
(Neutral)
Form Type
144

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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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
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.
Performance Shares financial
"Common | 01/01/2022 | Performance Shares | Issuer"
Performance shares are a type of company stock given to executives or employees that only become theirs if the company meets specific goals, like hitting certain profits or growth targets. They motivate leaders to work toward the company’s success, because their additional shares depend on achieving these results.
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.

How many GIC shares has Claudia Hughes sold recently?

Claudia Hughes sold 1,721 common shares of GIC on August 27, 2026, for total proceeds of $68,270.10, as disclosed in the Form 144 under securities sold during the past three months.

How many GIC shares are proposed to be sold under this Form 144?

The notice covers a proposed sale of up to 4,753 common shares of GLOBAL INDUSTRIAL COMPANY. These shares were acquired through restricted stock, performance shares, and employee stock purchase plan programs between 2022 and 2025.

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.

Which broker is handling the proposed GIC share sale for Claudia Hughes?

The proposed sale of 4,753 GIC common shares for Claudia Hughes will be handled by Morgan Stanley Smith Barney LLC – Executive Financial Services, located at 1 New York Plaza, New York, NY, as specified in the filing.

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