Global Industrial (GIC) SVP covers tax liability by surrendering shares

Rhea-AI Filing Summary

GLOBAL INDUSTRIAL Co senior vice president and chief sales officer Claudia Hughes reported a small, non‑market transaction involving company stock. On a tax-withholding basis, 648 shares of common stock were surrendered at $33.46 per share to cover taxes triggered by the vesting of a time-based restricted stock unit award originally granted on June 30, 2023. After this routine tax-related disposition, Hughes directly holds 41,250 shares of Global Industrial common stock.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Hughes Claudia

Role SVP & Chief Sales Officer

Type	Security	Shares	Price	Value
Tax Withholding	Common Stock	648	$33.46	$22K

Holdings After Transaction: Common Stock — 41,250 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

Tax-withholding shares: 648 shares Implied share value: $33.46 per share Post-transaction holdings: 41,250 shares +1 more

4 metrics

Tax-withholding shares 648 shares Common stock surrendered for tax liability

Implied share value $33.46 per share Value used for tax-withholding disposition

Post-transaction holdings 41,250 shares Shares directly held after disposition

RSU grant date June 30, 2023 Original grant date of time-based RSU award

Key Terms

restricted stock unit award, time-based, tax liability, Common Stock

4 terms

restricted stock unit award financial

"vesting of a time-based restricted stock unit award originally granted on June 30, 2023"

A restricted stock unit award is a promise by a company to give an employee a specified number of company shares at a future date if certain conditions are met, such as staying with the company or hitting performance goals. For investors, these awards matter because they can increase the total number of shares outstanding when converted, diluting existing holders, and they align employees’ incentives with shareholders’ interests much like giving a rising bonus that becomes real only after conditions are satisfied.

time-based financial

"vesting of a time-based restricted stock unit award originally granted"

tax liability financial

"Shares surrendered for payment of tax liability incident to vesting"

Common Stock financial

"security_title": "Common Stock""

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 07/01/2026 - 05:23 PM Accepted by SEC EDGAR 07/01/2026 - 05:22 PM Learn about SEC filing dates

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 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 Sales Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/30/2026

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)

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	06/30/2026		F		648(1)	D	$33.46	41,250	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 June 30, 2023.

Remarks:

	/s/ Claudia Hughes by April Gruder as Attorney-in-Fact	07/01/2026
	** 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 Claudia Hughes report for GLOBAL INDUSTRIAL Co (GIC)?

Claudia Hughes reported a tax-related share disposition, where 648 Global Industrial common shares were surrendered. The shares covered tax obligations from vesting of a prior restricted stock unit award, rather than representing an open-market sale of stock.

Was Claudia Hughes’ GIC transaction an open-market sale of shares?

No, the transaction was not an open-market sale. Shares were surrendered to satisfy tax liabilities tied to the vesting of a time-based restricted stock unit award granted on June 30, 2023, making it a routine compensation-related event.

How many GLOBAL INDUSTRIAL Co (GIC) shares were used for tax withholding?

A total of 648 Global Industrial common shares were surrendered at a value of $33.46 per share. These shares were applied toward Hughes’ tax liability incurred when her time-based restricted stock units vested under a prior equity grant.

How many GLOBAL INDUSTRIAL Co shares does Claudia Hughes hold after this filing?

Following the tax-withholding disposition, Claudia Hughes directly holds 41,250 shares of Global Industrial common stock. This post-transaction position shows she retains a substantial equity stake despite the small share surrender for tax purposes.

What triggered the tax-related share surrender reported by GIC’s Claudia Hughes?

The share surrender was triggered by the vesting of a time-based restricted stock unit award originally granted on June 30, 2023. When such awards vest, associated tax liabilities can be settled by delivering a portion of the vested shares back.