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Global Industrial VP has 580 shares withheld for taxes

GLOBAL INDUSTRIAL Co (GIC) reported a Form 4 transaction for officer Thomas Axmacher, VP & Controller.

(Neutral)
(Neutral)
Form Type
4

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.

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Insider AXMACHER THOMAS
Role VP & Controller
Type Security Shares Price Value
Tax Withholding Common Stock F1 580 $39.62 $23K
Holdings After Transaction: Common Stock — 5,834 shares (Direct)
Footnotes (1)
  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.
Shares disposed for tax withholding 580 shares of Common Stock Code F transaction on August 27, 2026
Transaction price per share $39.62 per share Valuation used for the 580-share tax-withholding disposition
Shares owned after transaction 5,834 shares of Common Stock Direct ownership by Thomas Axmacher following the August 27, 2026 transaction
RSU grant date August 27, 2024 Original grant date of the time-based restricted stock unit award that vested
restricted stock unit financial
"vesting of a time-based restricted stock unit award originally granted"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
tax liability financial
"Shares surrendered for payment of tax liability incident to vesting"
time-based restricted stock unit award financial
"vesting of a time-based restricted stock unit award originally granted"

FAQ

What insider transaction did GIC report for Thomas Axmacher on this Form 4?

GLOBAL INDUSTRIAL Co reported that Thomas Axmacher had 580 shares of common stock withheld on August 27, 2026 to pay tax liability related to the vesting of a time-based restricted stock unit award granted on August 27, 2024.

Was the GIC Form 4 transaction a market sale or tax withholding?

The Form 4 for GLOBAL INDUSTRIAL Co shows a Code F transaction, meaning shares were surrendered for payment of tax liability incident to RSU vesting, not an open-market sale.

At what price were the 580 GIC shares valued for the tax-withholding transaction?

The 580 GLOBAL INDUSTRIAL Co shares used for tax withholding were valued at $39.62 per share in the reported transaction.

How many GIC shares does Thomas Axmacher hold after this Form 4 transaction?

After the tax-withholding disposition, Thomas Axmacher directly holds 5,834 shares of GLOBAL INDUSTRIAL Co common stock.

What award triggered the GIC tax-withholding transaction for Thomas Axmacher?

The tax-withholding transaction relates to a time-based restricted stock unit award originally granted to Thomas Axmacher on August 27, 2024, which vested and triggered tax liability.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED 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*
AXMACHER THOMAS

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
VP & Controller
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/27/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock08/27/2026F580(1)D$39.625,834D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount 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 August 27, 2024.
/s/ Thomas Axmacher by April Gruder as Attorney-in-Fact08/31/2026
** Signature of Reporting PersonDate
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)