Global Industrial (NYSE: GIC) SVP surrenders 332 shares for 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.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Shetty Manoj

Role SVP & Chief Information Ofc.

Type	Security	Shares	Price	Value
Tax Withholding	Common Stock	332	$23.77	$8K

Holdings After Transaction: Common Stock — 37,707 shares (Direct)

Footnotes (1)

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Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED 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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	SVP & Chief Information Ofc.

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
02/28/2025

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)
03/04/2025

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	02/28/2025		F(1)		332	D	$23.77	37,707	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Shares surrendered for payment of tax liability incident to delivery of a Performance-Based Restricted Stock Unit award originally granted on February 21, 2021.

Remarks:

This Form 4/A amends the Form 4 filed on March 4, 2025 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 635 shares withheld. The correct number of shares withheld was 332 shares, 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-Fact	03/25/2026
	** Signature of Reporting Person	Date
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 332 shares of common stock to satisfy tax obligations tied to a vested performance-based restricted stock unit award.

Was the GIC insider transaction by Manoj Shetty an open-market sale?

The transaction was not an open-market sale. Manoj Shetty surrendered 332 shares as a tax-withholding disposition related to delivery of a performance-based restricted stock unit award granted on February 21, 2021.

How many GLOBAL INDUSTRIAL Co (GIC) shares does Manoj Shetty hold after the Form 4/A transaction?

After the tax-withholding disposition of 332 shares, Manoj Shetty directly holds 37,707 shares of GLOBAL INDUSTRIAL Co common stock, showing he maintains a substantial equity position following this routine compensation-related event.

What award triggered Manoj Shetty’s tax-withholding share surrender at GLOBAL INDUSTRIAL Co (GIC)?

The tax-withholding share surrender was triggered by delivery of a performance-based restricted stock unit award that was originally granted to Manoj Shetty on February 21, 2021, resulting in 332 shares being surrendered to cover related tax liabilities.

What does transaction code F mean in the GLOBAL INDUSTRIAL Co (GIC) Form 4/A filing?

Transaction code F indicates a tax-withholding disposition. In this case, 332 shares of GLOBAL INDUSTRIAL Co common stock were surrendered to pay tax liabilities associated with a vested performance-based restricted stock unit award.