Global Industrial (GIC) SVP gets stock grants with tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
GLOBAL INDUSTRIAL Co executive Claudia Hughes, SVP & Chief Sales Officer, reported equity awards and related tax withholding in company stock. She received 4,527 restricted stock units under the 2020 Omnibus Long-Term Incentive Plan that vest ratably over four years from the February 13, 2026 grant date.
Hughes also acquired 884 shares upon vesting of performance-based restricted stock units from an award originally granted on February 13, 2022, and surrendered 263 shares at $32.17 per share to cover tax liabilities tied to that vesting. After these transactions, she directly owns 42,277 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Hughes Claudia
Role
SVP & Chief Sales Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 4,527 | $0.00 | -- |
| Grant/Award | Common Stock | 884 | $0.00 | -- |
| Tax Withholding | Common Stock | 263 | $32.17 | $8K |
Holdings After Transaction:
Common Stock — 41,656 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 GLOBAL INDUSTRIAL (GIC) report for Claudia Hughes?
Claudia Hughes reported equity awards and tax withholding in GLOBAL INDUSTRIAL stock. She received 4,527 restricted stock units and 884 shares from performance-based units, then surrendered 263 shares to cover taxes, ending with direct ownership of 42,277 common shares.
What incentive plan governs Claudia Hughes’ new GLOBAL INDUSTRIAL (GIC) stock units?
The 4,527 restricted stock units granted to Claudia Hughes are under GLOBAL INDUSTRIAL’s 2020 Omnibus Long-Term Incentive Plan. These units vest ratably over four years from the February 13, 2026 grant date, linking long-term compensation to multi-year service and performance.