Global Industrial CFO buys 334 shares via ESPP
Rhea-AI Filing Summary
GLOBAL INDUSTRIAL Co (GIC) reported that its Senior Vice President & Chief Financial Officer, Thomas Eugene Clark, acquired 334 shares of common stock on September 3, 2026 through an Employee Stock Purchase Plan transaction described as an other acquisition, at a reported price of $37.33 per share, bringing his direct holdings to 68,355 shares.
Positive
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Negative
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Insider Trade Summary
Other: 334 shares
Other
1 txn
Insider
Clark Thomas Eugene
Role
SVP & Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock F1 | 334 | $37.33 | $12K |
Holdings After Transaction:
Common Stock — 68,355 shares (Direct)
Footnotes (1)
- F1. In accordance with the ESPP, these shares were purchased based on 85% of the closing price of the Issuer's common stock on September 3, 2025.
Key Figures
Shares acquired: 334 shares
Purchase price per share: $37.33 per share
Shares owned after transaction: 68,355 shares
+1 more
4 metrics
Shares acquired
334 shares
Common stock acquired by the CFO on September 3, 2026
Purchase price per share
$37.33 per share
Reported price for the 334 ESPP shares
Shares owned after transaction
68,355 shares
Direct common stock holdings of the CFO following the acquisition
ESPP discount basis
85% of closing price
Footnote states shares were purchased based on 85% of the closing price on September 3, 2025
Key Terms
ESPP, closing price, Common Stock
3 terms
ESPP financial
"In accordance with the ESPP, these shares were purchased based on 85%..."
An Employee Stock Purchase Plan (ESPP) is a company program that lets employees buy the company’s shares at a reduced price, usually by setting aside a small portion of their pay over time. It matters to investors because it encourages employees to own part of the business—like giving staff a discounted membership— which can boost commitment and performance, while also potentially increasing the number of shares available and affecting shareholder value.
closing price financial
"...based on 85% of the closing price of the Issuer's common stock..."
Common Stock financial
"the Issuer's common stock on September 3, 2025."
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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did GLOBAL INDUSTRIAL Co (GIC) disclose for its CFO?
GLOBAL INDUSTRIAL Co disclosed that CFO Thomas Eugene Clark acquired 334 shares of common stock on September 3, 2026 through an Employee Stock Purchase Plan transaction categorized as an other acquisition, at a reported price of $37.33 per share.
Was the GLOBAL INDUSTRIAL Co (GIC) CFO’s trade made under a Rule 10b5-1 plan?
No. The filing indicates that the Rule 10b5-1 trading plan box is not checked, and there is no footnote stating that the CFO’s ESPP purchase was made pursuant to a Rule 10b5-1 plan.
What type of transaction code was used for the GLOBAL INDUSTRIAL Co (GIC) CFO’s Form 4 entry?
The transaction is described as an other acquisition or disposition of common stock, reflecting an Employee Stock Purchase Plan purchase rather than a routine open market buy or sale.
AI-generated analysis. How Rhea-AI works. Not financial advice.