GIC director boosts holdings after 10,000-share option exercise

Rhea-AI Filing Summary

Global Industrial Co (GIC) reported an insider equity transaction by a director on a Form 4. On 11/20/2025, the director exercised a stock option covering 10,000 shares of common stock at an exercise price of $5.55 per share 93,409 shares after the transaction.

The exercised option was originally granted on October 31, 2016 and vested in three installments: 3,334 shares on October 31, 2017; 3,333 shares on October 31, 2018; and 3,333 shares on October 31, 2019. Following this exercise, the report shows 0 derivative securities of this option remaining beneficially owned, with an option expiration date of 10/31/2026.

SEC Form 4

FORM 4

UNITED 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

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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^*

ROSENTHAL ROBERT

(Last) (First) (Middle)

C/O GLOBAL INDUSTRIAL COMPANY

11 HARBOR PARK DRIVE

(Street)

PORT WASHINGTON NY 11050

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
GLOBAL INDUSTRIAL Co [ GIC ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
11/20/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	11/20/2025		M		10,000	A	$5.55	93,409	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Option (right to buy)	$5.55	11/20/2025		M			10,000	(1)	10/31/2026	Common Stock	10,000	$0	0	D

Explanation of Responses:

1. The Stock Option (right to buy) granted on October 31, 2016 vested in three installments: 3,334 shares on October 31, 2017; 3,333 shares on October 31, 2018 and 3,333 shares October 31, 2019.

Remarks:

	/s/ Robert D. Rosenthal by April Gruder as Attorney-in-Fact	11/21/2025
	** Signature of Reporting Person	Date
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.

FAQ

What insider transaction did Global Industrial Co (GIC) report on this Form 4?

The filing reports that a director of Global Industrial Co exercised a stock option for 10,000 shares of common stock on 11/20/2025 at an exercise price of $5.55 per share.

How many Global Industrial Co (GIC) shares does the reporting person own after the transaction?

After exercising the option, the director beneficially owns 93,409 shares of Global Industrial Co common stock in direct ownership.

What were the terms of the Global Industrial Co (GIC) stock option that was exercised?

The derivative security was a stock option with an exercise price of $5.55 per share, originally granted on October 31, 2016, with an expiration date of 10/31/2026.

How did the Global Industrial Co (GIC) stock option vest for the director?

The option granted on October 31, 2016 vested in three tranches: 3,334 shares on October 31, 2017; 3,333 shares on October 31, 2018; and 3,333 shares on October 31, 2019.

Does the director still hold any derivative securities of Global Industrial Co (GIC) after this transaction?

No. Following the reported exercise, the Form 4 shows 0 derivative securities of this stock option beneficially owned by the director.

What is the relationship of the reporting person to Global Industrial Co (GIC)?

The reporting person is identified as a director of Global Industrial Co, as indicated in the relationship section of the Form 4.