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GLOBAL INDUSTRIAL Co (GIC) director receives 3,677-share stock award as board compensation

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

ROSENTHAL ROBERT reported acquisition or exercise transactions in this Form 4 filing.

GLOBAL INDUSTRIAL Co director Robert Rosenthal reported a stock-based compensation award. He received 3,677 shares of Common Stock as a grant, bringing his direct holdings to 97,086 shares after the transaction. The award reflects his role on the board rather than an open-market purchase.

The footnotes explain this grant represents 3,677 restricted stock units tied to the company’s 2020 Omnibus Long-Term Incentive Plan. These units vest on the date of the issuer’s second annual meeting after the grant, if he continues serving as a director through that date.

Positive

  • None.

Negative

  • None.
Insider ROSENTHAL ROBERT
Role null
Type Security Shares Price Value
Grant/Award Common Stock 3,677 $0.00 --
Holdings After Transaction: Common Stock — 97,086 shares (Direct, null)
Footnotes (1)
  1. On June 1, 2026 (the date of the Issuer's 2026 Annual Meeting of Stockholders), the reporting person was granted 3,677 restricted stock units pursuant to the Issuer's 2020 Omnibus Long-Term Incentive Plan. Such units vest on the date of the Issuer's second annual meeting following such grant (the "Vesting Date"); provided that the reporting person continues to be a director of the Issuer through and on the Vesting Date. The number of restricted stock units was determined by dividing $110,000 by the closing price per share during the 20 trading days preceding the date of the Issuer's 2026 Annual Meeting of Stockholders (rounded up to the nearest whole number of shares).
Shares granted 3,677 shares Restricted stock unit grant on June 1, 2026
Shares held after grant 97,086 shares Total direct Common Stock holdings post-transaction
Award value basis $110,000 Divided by 20-day pre-meeting closing prices to set units
Grant date June 1, 2026 Date of 2026 Annual Meeting of Stockholders
Transaction code A (acquisition grant) Grant, award, or other acquisition of Common Stock
restricted stock units financial
"the reporting person was granted 3,677 restricted stock units pursuant to the Issuer's 2020 Omnibus Long-Term Incentive Plan"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
2020 Omnibus Long-Term Incentive Plan financial
"granted 3,677 restricted stock units pursuant to the Issuer's 2020 Omnibus Long-Term Incentive Plan"
Vesting Date financial
"Such units vest on the date of the Issuer's second annual meeting following such grant (the "Vesting Date")"
closing price per share financial
"determined by dividing $110,000 by the closing price per share during the 20 trading days preceding the date"
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Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4UNITED 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*
ROSENTHAL ROBERT
(Last)(First)(Middle)
C/O GLOBAL INDUSTRIAL COMPANY
11 HARBOR PARK DRIVE
(Street)
PORT WASHINGTON NEW YORK 11050
(City)(State)(Zip)
UNITED STATES
(Country)		2. Issuer Name and Ticker or Trading Symbol
GLOBAL INDUSTRIAL Co [ GIC ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/01/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock(1)06/01/2026A3,677(2)A$097,086D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. On June 1, 2026 (the date of the Issuer's 2026 Annual Meeting of Stockholders), the reporting person was granted 3,677 restricted stock units pursuant to the Issuer's 2020 Omnibus Long-Term Incentive Plan. Such units vest on the date of the Issuer's second annual meeting following such grant (the "Vesting Date"); provided that the reporting person continues to be a director of the Issuer through and on the Vesting Date.
2. The number of restricted stock units was determined by dividing $110,000 by the closing price per share during the 20 trading days preceding the date of the Issuer's 2026 Annual Meeting of Stockholders (rounded up to the nearest whole number of shares).
Remarks:
/s/ Robert D. Rosenthal by April Gruder as Attorney-in-Fact06/01/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What did GLOBAL INDUSTRIAL Co (GIC) director Robert Rosenthal report on this Form 4?

Robert Rosenthal reported receiving 3,677 shares of Common Stock as a stock-based award. The grant is compensation for his board service and increased his direct holdings to 97,086 shares, rather than reflecting an open-market buy or sell transaction.

Is the GLOBAL INDUSTRIAL Co (GIC) Form 4 transaction a market purchase or sale?

The Form 4 shows a grant of 3,677 shares coded as an acquisition, not a market trade. The shares were awarded as restricted stock units under the company’s 2020 Omnibus Long-Term Incentive Plan, with no cash price per share reported in the filing.

How many GLOBAL INDUSTRIAL Co (GIC) shares does Robert Rosenthal hold after this award?

After the grant, Robert Rosenthal directly holds 97,086 shares of GLOBAL INDUSTRIAL Co Common Stock. This total includes the newly awarded 3,677 shares reported in the Form 4 and provides context for the relative size of this compensation-related transaction.

How was the 3,677-share award for GLOBAL INDUSTRIAL Co (GIC) director Rosenthal calculated?

The number of restricted stock units was set by dividing $110,000 by the closing share price over the 20 trading days before the 2026 annual meeting. This result was then rounded up to the nearest whole share, yielding the 3,677-unit grant disclosed.

When do Robert Rosenthal’s restricted stock units in GLOBAL INDUSTRIAL Co (GIC) vest?

The 3,677 restricted stock units vest on the date of the issuer’s second annual meeting after the June 1, 2026 grant. Vesting requires that Rosenthal continues serving as a director of GLOBAL INDUSTRIAL Co through and on that future annual meeting date.