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Global Industrial (GIC) CFO gets stock grants and surrenders shares for tax

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(Neutral)
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(Neutral)
Form Type
4

Rhea-AI Filing Summary

GLOBAL INDUSTRIAL Co SVP & Chief Financial Officer Thomas Eugene Clark reported equity compensation and related tax withholding in company stock. On February 13, 2026, he acquired 8,908 restricted stock units under the 2020 Omnibus Long-Term Incentive Plan, which vest ratably over four years from the grant date.

He also received 1,039 shares of common stock upon vesting of performance-based restricted stock units originally granted on February 13, 2022, and surrendered 586 shares at $32.17 per share to cover tax liabilities tied to that vesting. After these transactions, he directly owns 75,486 shares of common stock.

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Insider Clark Thomas Eugene
Role SVP & Chief Financial Officer
Type Security Shares Price Value
Grant/Award Common Stock 8,908 $0.00 --
Grant/Award Common Stock 1,039 $0.00 --
Tax Withholding Common Stock 586 $32.17 $19K
Holdings After Transaction: Common Stock — 75,033 shares (Direct)
Footnotes (1)
  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.
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Form 4 Insider Transactions: What Each Field Means →
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
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*
Clark Thomas Eugene
(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)
Director 10% Owner
X Officer (give title below) Other (specify below)
SVP & Chief Financial Officer
3. Date of Earliest Transaction (Month/Day/Year)
02/13/2026
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 02/13/2026 A 8,908(1) A $0 75,033 D
Common Stock 02/13/2026 A 1,039(2) A $0 76,072 D
Common Stock 02/13/2026 F 586(3) D $32.17 75,486 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
Explanation of Responses:
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.
2. 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.
3. Shares surrendered for payment of tax liability incident to vesting of the Performance Restricted Stock Unit award originally granted on February 13, 2022.
Remarks:
/s/ Thomas Eugene Clark by April Gruder as Attorney-in-Fact 02/18/2026
** 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.

Source: View Original Filing on SEC EDGAR

FAQ

What did GIC CFO Thomas Eugene Clark report in this Form 4?

He reported equity awards and related tax withholding in GLOBAL INDUSTRIAL Co (GIC) stock, including new restricted stock units and vested performance-based shares, plus a small share surrender to satisfy tax obligations from the vesting.

How many restricted stock units were granted to the GIC CFO?

He was granted 8,908 restricted stock units on February 13, 2026 under the 2020 Omnibus Long-Term Incentive Plan. These awards represent stock-based compensation that will convert into shares as they vest over time.

When do the newly granted GIC restricted stock units vest?

The 8,908 restricted stock units granted to the CFO vest ratably over four years from the February 13, 2026 grant date. This means a portion of the award becomes owned each year during the four-year period.

What are the performance-based shares mentioned in the GIC Form 4?

The CFO received 1,039 shares of common stock upon vesting of performance-based restricted stock units originally granted on February 13, 2022. These shares became deliverable after meeting the performance conditions set in that earlier award.

Why did the GIC CFO surrender 586 shares of stock?

He surrendered 586 shares at $32.17 per share to cover tax liability connected to the vesting of the 2022 performance-based restricted stock unit award. This is a tax-withholding disposition, not an open-market sale for investment purposes.

How many GIC shares does the CFO own after these transactions?

After the reported transactions, the CFO directly owns 75,486 shares of GLOBAL INDUSTRIAL Co common stock. This figure reflects the net result of the new grants, vested shares, and the shares surrendered for tax withholding on February 13, 2026.