Global Industrial (GIC) GC has 637 shares withheld for taxes
Filing Impact
Filing Sentiment
Form Type
4/A
Rhea-AI Filing Summary
GLOBAL INDUSTRIAL Co senior vice president and general counsel Adina Storch had 637 shares of common stock withheld at $32.17 per share on February 13, 2026 to cover taxes on a performance-based restricted stock unit vesting. After this tax-withholding disposition, she directly holds 38,804 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
ADINA STORCH
Role
SVP & General Counsel
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 637 | $32.17 | $20K |
Holdings After Transaction:
Common Stock — 38,804 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Global Industrial (GIC) report for Adina Storch?
Global Industrial reported that SVP and General Counsel Adina Storch had 637 common shares withheld to pay taxes tied to a performance-based restricted stock unit vesting, rather than executing an open-market sale of shares.
Was the Global Industrial (GIC) Form 4/A transaction an open-market sale?
No, the Form 4/A shows a tax-withholding disposition. Shares were surrendered to satisfy tax liability from vesting restricted stock units, not sold in the open market for investment or trading purposes.
What triggered the tax-withholding disposition reported by Global Industrial (GIC)?
The disposition was triggered by the vesting of a performance-based restricted stock unit award originally granted on February 13, 2022. Shares were surrendered to satisfy the associated tax liability when that award vested.
Does the Global Industrial (GIC) Form 4/A indicate any derivative exercises?
No, the Form 4/A shows no derivative exercises. It reports only a non-derivative common stock transaction where shares were withheld for tax purposes, with no options or other derivatives exercised in this filing.