Global Industrial (GIC) SVP granted stock, surrenders shares for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
GLOBAL INDUSTRIAL Co senior vice president and general counsel Adina Storch reported equity compensation and related tax withholding in company stock. On February 13, 2026, she acquired 7,777 common shares from a new restricted stock unit grant that will vest ratably over four years, and 922 shares were issued upon vesting of performance-based restricted stock units originally granted on February 13, 2022. She disposed of 382 shares at $32.17 per share, surrendered to cover tax liabilities on that performance award, leaving her with 39,059 directly owned shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
ADINA STORCH
Role
SVP & General Counsel
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 7,777 | $0.00 | -- |
| Grant/Award | Common Stock | 922 | $0.00 | -- |
| Tax Withholding | Common Stock | 382 | $32.17 | $12K |
Holdings After Transaction:
Common Stock — 38,519 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 GIC executive Adina Storch report on February 13, 2026?
Adina Storch reported equity awards and tax withholding in GLOBAL INDUSTRIAL Co stock. She received 7,777 restricted stock units, 922 performance-based shares on vesting, and surrendered 382 shares to cover related tax liabilities.
Were the recent GIC insider transactions by Adina Storch open-market buys or sells?
The reported transactions were equity compensation and related tax withholding, not open-market trades. Storch received stock through grants and vesting, and surrendered shares to pay taxes owed on a prior performance-based award.
What are the vesting terms of the new GIC restricted stock units granted to Adina Storch?
The new restricted stock units granted on February 13, 2026 vest ratably over four years. This means portions of the 7,777-share award will become actual shares in equal installments each year, subject to the plan’s standard conditions.