Global Industrial GC surrenders 3,729 shares for tax
Rhea-AI Filing Summary
GLOBAL INDUSTRIAL Co (GIC) reported an insider tax-withholding transaction by SVP & General Counsel Adina Storch. On August 27, 2026, Storch had 3,729 shares of common stock withheld at $39.62 per share to pay taxes due upon vesting of a time-based restricted stock unit award granted on August 27, 2024. After this non-market disposition, she directly holds 33,353 shares of GLOBAL INDUSTRIAL Co common stock.
Positive
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Negative
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Insider Trade Summary
Net Seller: 3,729 shares
Net Sell
1 txn
Insider
ADINA STORCH
Role
SVP & General Counsel
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1 | 3,729 | $39.62 | $148K |
Holdings After Transaction:
Common Stock — 33,353 shares (Direct)
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
Shares surrendered: 3,729 shares of common stock
Per-share value for tax withholding: $39.62 per share
Shares held after transaction: 33,353 shares
+1 more
4 metrics
Shares surrendered
3,729 shares of common stock
Withheld on August 27, 2026 to pay tax liability on RSU vesting
Per-share value for tax withholding
$39.62 per share
Value applied to the 3,729 shares surrendered on August 27, 2026
Shares held after transaction
33,353 shares
Direct holdings of Adina Storch after the August 27, 2026 transaction
RSU grant date
August 27, 2024
Original grant date of the time-based restricted stock unit award that vested
Key Terms
time-based restricted stock unit award, tax liability, Form 4
3 terms
time-based restricted stock unit award financial
"vesting of a time-based restricted stock unit award originally granted"
tax liability financial
"Shares surrendered for payment of tax liability incident to vesting"
Form 4 regulatory
"reported in the Form 4 filing"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did GLOBAL INDUSTRIAL Co (GIC) report for Adina Storch?
GLOBAL INDUSTRIAL Co reported that SVP & General Counsel Adina Storch had 3,729 shares of common stock withheld on August 27, 2026 to pay tax liability related to a vesting restricted stock unit award.
Was the August 27, 2026 GIC insider transaction a market sale or a tax withholding?
The August 27, 2026 transaction for GIC was a tax-withholding disposition. Shares were surrendered to cover tax liability incident to the vesting of a time-based restricted stock unit award, not sold in an open-market trade.
What equity award triggered the tax-withholding transaction reported by GIC?
The tax-withholding transaction was triggered by the vesting of a time-based restricted stock unit award originally granted to Adina Storch on August 27, 2024.
AI-generated analysis. How Rhea-AI works. Not financial advice.