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Global Industrial (NYSE: GIC) SVP reports tax-withholding stock dispositions

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Form Type
4

Rhea-AI Filing Summary

GLOBAL INDUSTRIAL Co senior vice president and chief sales officer Claudia Hughes reported three small stock transactions related to tax withholding, not open-market sales. On March 2, 2026, she surrendered 164, 134 and 493 shares of common stock at $32.98 per share to cover tax liabilities upon vesting of time-based restricted stock unit awards granted in 2023, 2024 and 2025. After these dispositions, she continues to hold just over 41,000 shares of common stock directly.

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Insider Hughes Claudia
Role SVP & Chief Sales Officer
Type Security Shares Price Value
Tax Withholding Common Stock 164 $32.98 $5K
Tax Withholding Common Stock 134 $32.98 $4K
Tax Withholding Common Stock 493 $32.98 $16K
Holdings After Transaction: Common Stock — 42,113 shares (Direct)
Footnotes (1)
  1. Shares surrendered for payment of tax liability incident to vesting of a time-based restricted stock unit award originally granted on February 21, 2023. Shares surrendered for payment of tax liability incident to vesting of a time-based restricted stock unit award originally granted on February 28, 2024. Shares surrendered for payment of tax liability incident to vesting of a time-based restricted stock unit award originally granted on February 25, 2025.
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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*
Hughes Claudia
(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)
Director 10% Owner
X Officer (give title below) Other (specify below)
SVP & Chief Sales 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 164(1) D $32.98 42,113 D
Common Stock 03/02/2026 F 134(2) D $32.98 41,979 D
Common Stock 03/02/2026 F 493(3) D $32.98 41,486 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 21, 2023.
2. Shares surrendered for payment of tax liability incident to vesting of a time-based restricted stock unit award originally granted on February 28, 2024.
3. 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/ Claudia Hughes by April Gruder as 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.
* 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.

Source: View Original Filing on SEC EDGAR

FAQ

What did GLOBAL INDUSTRIAL (GIC) insider Claudia Hughes report in this Form 4?

Claudia Hughes reported three small stock dispositions on March 2, 2026. Shares were surrendered to cover tax liabilities from vesting restricted stock units, rather than open-market sales, and she continues to hold a substantial direct ownership position.

How many GLOBAL INDUSTRIAL (GIC) shares did Claudia Hughes surrender for taxes?

She surrendered 164, 134 and 493 common shares, each at $32.98 per share. These were withheld to pay tax liabilities tied to separate restricted stock unit awards granted in 2023, 2024 and 2025 as they vested.

Were Claudia Hughes’ GLOBAL INDUSTRIAL (GIC) transactions open-market sales?

No, the transactions were tax-withholding dispositions, not open-market sales. The shares were surrendered to satisfy tax obligations triggered when time-based restricted stock units vested, a common administrative mechanism for equity compensation.

What is Claudia Hughes’ remaining GLOBAL INDUSTRIAL (GIC) share ownership after these transactions?

After the reported tax-withholding dispositions, Claudia Hughes directly owns a little over 41,000 GLOBAL INDUSTRIAL common shares. This reflects her ongoing equity stake following routine equity award vesting and related tax settlements.

Why were GLOBAL INDUSTRIAL (GIC) shares surrendered on multiple grants for Claudia Hughes?

Each block of surrendered shares corresponds to a different time-based restricted stock unit award. Awards granted in February 2023, 2024 and 2025 vested, and shares were withheld from each grant to cover the associated tax liabilities.