Global Industrial (GIC) CEO surrenders shares to cover tax liability

Rhea-AI Filing Summary

GLOBAL INDUSTRIAL Co director and CEO Anesa Chaibi reported a tax-related share disposition. On the vesting of a time-based restricted stock unit award originally granted on February 25, 2025, she surrendered 2,685 shares of common stock at $32.98 per share to cover tax liabilities, leaving 52,404 shares owned directly.

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

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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^*

CHAIBI ANESA

(Last) (First) (Middle)

C/O GLOBAL INDUSTRIAL COMPANY

11 HARBOR PARK DRIVE

(Street)

PORT WASHINGTON NY 11050

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
GLOBAL INDUSTRIAL Co [ GIC ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Executive Officer

3. Date of Earliest Transaction (Month/Day/Year)
03/02/2026

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

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

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

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	03/02/2026		F		2,685(1)	D	$32.98	52,404	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 vesting of a time-based restricted stock unit award originally granted on February 25, 2025.

Remarks:

	/s/ Anesa Chaibi by April Gruder, Attorney-In-Fact	03/03/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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FAQ

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

GLOBAL INDUSTRIAL Co reported that CEO and director Anesa Chaibi surrendered 2,685 common shares. The shares were used to pay tax liabilities triggered by the vesting of a time-based restricted stock unit award originally granted on February 25, 2025, rather than an open-market sale.

How many GLOBAL INDUSTRIAL Co (GIC) shares did the CEO dispose of?

Anesa Chaibi disposed of 2,685 shares of GLOBAL INDUSTRIAL Co common stock. The Form 4 states this was a tax-withholding disposition at $32.98 per share in connection with restricted stock unit vesting, not a traditional buy or sell transaction on the open market.

What was the purpose of the GLOBAL INDUSTRIAL Co CEO’s share disposition?

The disposition was to pay tax liabilities arising from restricted stock unit vesting. The footnote explains the 2,685 shares were surrendered to satisfy taxes incident to a time-based restricted stock unit award granted on February 25, 2025, rather than for portfolio or cash-raising reasons.

How many GLOBAL INDUSTRIAL Co (GIC) shares does the CEO hold after this transaction?

After the tax-withholding disposition, Anesa Chaibi directly holds 52,404 GLOBAL INDUSTRIAL Co common shares. This figure is disclosed as the total shares owned following the transaction, giving investors a clear view of her remaining direct equity stake in the company.

Was the GLOBAL INDUSTRIAL Co CEO’s Form 4 transaction an open-market sale?

No, the Form 4 characterizes the transaction as a tax-withholding disposition. The filing notes that 2,685 shares were surrendered to cover tax liabilities tied to vesting of a February 25, 2025 time-based restricted stock unit award, not sold in the open market.