Global Industrial VP has 580 shares withheld for taxes
GLOBAL INDUSTRIAL Co (GIC) reported a Form 4 transaction for officer Thomas Axmacher, VP & Controller.
Sentiment and the balance of points
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Rhea-AI Filing Summary
GLOBAL INDUSTRIAL Co (GIC) reported a Form 4 transaction for officer Thomas Axmacher, VP & Controller. On August 27, 2026, 580 shares of common stock were disposed of at $39.62 per share to satisfy tax liability upon vesting of a time-based restricted stock unit award originally granted on August 27, 2024. After this withholding transaction, Axmacher directly holds 5,834 shares of GLOBAL INDUSTRIAL Co common stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1 | 580 | $39.62 | $23K |
Footnotes (1)
- F1. Shares surrendered for payment of tax liability incident to vesting of a time-based restricted stock unit award originally granted on August 27, 2024.
Key Figures
Key Terms
restricted stock unit financial
tax liability financial
time-based restricted stock unit award financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did GIC report for Thomas Axmacher on this Form 4?
Was the GIC Form 4 transaction a market sale or tax withholding?
What award triggered the GIC tax-withholding transaction for Thomas Axmacher?
AI-generated analysis. How Rhea-AI works. Not financial advice.