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GLOBAL INDUSTRIAL Co (GIC) SVP surrenders shares for RSU tax withholding

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4/A

Rhea-AI Filing Summary

GLOBAL INDUSTRIAL Co senior vice president and chief information officer Manoj Shetty reported a small, routine share disposition tied to taxes rather than a market trade. On a tax-withholding basis, 727 shares of common stock were surrendered at $32.17 per share to cover the tax liability from the vesting of a performance-based restricted stock unit award originally granted on February 13, 2022. After this transaction, Shetty directly holds 38,986 shares of common stock.

Positive

  • None.

Negative

  • None.
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Shetty Manoj

(Last)(First)(Middle)
C/O GLOBAL INDUSTRIAL COMPANY
11 HARBOR PARK DRIVE

(Street)
PORT WASHINGTON NEW YORK 11050

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
GLOBAL INDUSTRIAL Co [ GIC ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
SVP & Chief Information Ofc.
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
02/13/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)
02/18/2026
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock02/13/2026F727(1)D$32.1738,986D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Shares surrendered for payment of tax liability incident to vesting of a Performance-Based Restricted Stock Unit award originally granted on February 13, 2022.
Remarks:
This Form 4/A amends the Form 4 filed on February 18, 2026 to correct the number of shares withheld by the issuer to satisfy tax withholding obligations in connection with the vesting of Performance-Based Restricted Stock Units, as well as the resulting total number of shares beneficially owned following the reported transactions. The original filing incorrectly reported 436 shares withheld. The correct number of shares withheld was 727, and the number of shares beneficially owned by the reporting person has been revised accordingly. No other information has changed.
/s/ Manoj Shetty by April Gruder as Attorney-in-Fact03/25/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did GLOBAL INDUSTRIAL Co (GIC) report for Manoj Shetty?

GLOBAL INDUSTRIAL Co reported that SVP and chief information officer Manoj Shetty surrendered 727 common shares. The shares were used to pay taxes due upon vesting of a performance-based restricted stock unit award granted on February 13, 2022, rather than being sold in the open market.

Was Manoj Shetty’s GLOBAL INDUSTRIAL Co Form 4/A transaction a market sale of GIC shares?

The transaction was not an open-market sale. It was a tax-withholding disposition where 727 shares were surrendered at $32.17 per share to satisfy tax obligations arising from the vesting of a performance-based restricted stock unit award granted on February 13, 2022.

How many GLOBAL INDUSTRIAL Co shares did Manoj Shetty dispose of for tax withholding?

Manoj Shetty disposed of 727 shares of GLOBAL INDUSTRIAL Co common stock. These shares were surrendered to cover tax liabilities linked to the vesting of a performance-based restricted stock unit award, rather than to execute a discretionary buy or sell transaction in the market.

What is Manoj Shetty’s remaining GLOBAL INDUSTRIAL Co shareholding after this Form 4/A?

After the tax-withholding disposition, Manoj Shetty directly holds 38,986 GLOBAL INDUSTRIAL Co common shares. This remaining position shows the transaction affected only a small portion of his holdings and primarily served to meet tax obligations from an equity award vesting.

What was the origin of the RSU award related to Manoj Shetty’s GIC tax-withholding transaction?

The tax-withholding transaction relates to a performance-based restricted stock unit award originally granted on February 13, 2022. When that award vested, 727 shares were surrendered to satisfy associated tax liabilities instead of using cash, as disclosed in the Form 4/A footnote.
Global Industrial Co

NYSE:GIC

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1.22B
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Wholesale-industrial Machinery & Equipment
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United States
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