Global Industrial (GIC) SVP receives stock awards and surrenders shares for tax
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
GLOBAL INDUSTRIAL Co executive Christopher Longhito, SVP & Chief Supply Chain Officer, reported stock awards and related tax withholding transactions in company common stock. On February 13, 2026, he acquired 3,616 shares and 679 shares as grants or awards with no purchase price.
On the same date, 281 shares were disposed of at $32.17 per share to satisfy tax obligations tied to vested performance-based restricted stock units, leaving him with 22,202 directly owned shares after these transactions.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Longhito Christopher
Role
SVP & Chief Supply Chain Ofc.
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 3,616 | $0.00 | -- |
| Grant/Award | Common Stock | 679 | $0.00 | -- |
| Tax Withholding | Common Stock | 281 | $32.17 | $9K |
Holdings After Transaction:
Common Stock — 21,804 shares (Direct)
Footnotes (1)
- On February 13, 2026, the reporting person was granted restricted stock units pursuant to the Issuer's 2020 Omnibus Long-Term Incentive Plan, which will vest ratably over four years from the date of grant. Shares of common stock issued upon vesting of performance-based restricted stock units in accordance with the terms of a Performance Restricted Stock Unit award originally granted on February 13, 2022. Shares surrendered for payment of tax liability incident to vesting of the Performance Restricted Stock Unit award originally granted on February 13, 2022.
FAQ
What insider transactions did GIC report for Christopher Longhito?
Christopher Longhito reported stock awards and a related tax share surrender. He received 3,616 and 679 Global Industrial common shares as grants, and 281 shares were surrendered at $32.17 each to cover tax obligations on vested performance-based restricted stock units.
Were Christopher Longhito’s GIC transactions open-market buys or sells?
The reported activity involved equity awards and tax withholding, not open-market trades. Longhito acquired shares through grants with a zero price per share, and 281 shares were disposed of to satisfy tax liabilities linked to vesting of performance-based restricted stock units.
What is the nature of the GIC stock awards to Christopher Longhito?
The filing describes grants under the 2020 Omnibus Long-Term Incentive Plan and performance-based restricted stock units. Some units vest ratably over four years from February 13, 2026, while others relate to a performance award originally granted on February 13, 2022, now issuing common shares.
On what date did Christopher Longhito’s reported GIC transactions occur?
All reported Global Industrial transactions occurred on February 13, 2026. That date covers the restricted stock unit grants with zero purchase price and the 281-share disposition at $32.17 per share to cover tax liabilities from vesting performance-based restricted stock unit awards granted in February 2022.