Global Industrial SVP covers taxes with 332 shares
GLOBAL INDUSTRIAL Co senior vice president and chief information officer Manoj Shetty reported a small, routine share disposition tied to taxes.
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. On February 28, 2025, he surrendered 332 shares of common stock at $23.77 per share to cover tax liabilities upon delivery of a performance-based restricted stock unit award originally granted on February 21, 2021. After this tax-withholding transaction, he directly holds 37,707 common shares, indicating he retains essentially all of his equity position and that the event is compensation-related rather than an open-market sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 332 | $23.77 | $8K |
Footnotes (1)
- F1. Shares surrendered for payment of tax liability incident to delivery of a Performance-Based Restricted Stock Unit award originally granted on February 21, 2021.
FAQ
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What insider transaction did GLOBAL INDUSTRIAL Co (GIC) report for Manoj Shetty?
Was the GIC insider transaction by Manoj Shetty an open-market sale?
What does transaction code F mean in the GLOBAL INDUSTRIAL Co (GIC) Form 4/A filing?
AI-generated analysis. How Rhea-AI works. Not financial advice.