STOCK TITAN

Director at GLOBAL INDUSTRIAL (NYSE: GIC) awarded 3,677 restricted stock units

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

Rhea-AI Filing Summary

Pearlman Paul S reported acquisition or exercise transactions in this Form 4 filing.

GLOBAL INDUSTRIAL Co director Paul S. Pearlman received an equity compensation award rather than making an open-market trade. On June 1, 2026, he was granted 3,677 restricted stock units under the company’s 2020 Omnibus Long-Term Incentive Plan, tied to continued board service.

The units vest on the date of the issuer’s second annual meeting following the grant, provided he remains a director through that vesting date. The number of units was calculated by dividing $110,000 by the closing share price averaged over the 20 trading days before the 2026 annual meeting, rounded up to the nearest whole share. After this grant, he directly holds 17,275 shares of common stock.

Positive

  • None.

Negative

  • None.
Insider Pearlman Paul S
Role null
Type Security Shares Price Value
Grant/Award Common Stock 3,677 $0.00 --
Holdings After Transaction: Common Stock — 17,275 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).
Restricted stock units granted 3,677 units Grant on June 1, 2026 under 2020 Omnibus Long-Term Incentive Plan
Award value basis $110,000 Divided by 20-day pre-meeting average closing price to set RSUs
Shares held after grant 17,275 shares Total direct common stock holdings following the RSU award
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")"
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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*
Pearlman Paul S

(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$017,275D
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/ Paul S. Pearlman 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)

FAQ

What insider transaction did GLOBAL INDUSTRIAL Co (GIC) disclose for Paul S. Pearlman?

GLOBAL INDUSTRIAL Co reported that director Paul S. Pearlman received a grant of 3,677 restricted stock units on June 1, 2026. This was an equity compensation award, not an open-market stock purchase or sale, and increased his direct common stock holdings to 17,275 shares.

How many GLOBAL INDUSTRIAL Co (GIC) shares did Paul S. Pearlman hold after this Form 4 transaction?

Following the restricted stock unit grant, Paul S. Pearlman directly held 17,275 shares of GLOBAL INDUSTRIAL Co common stock. This total reflects the addition of 3,677 restricted stock units granted as director compensation at the company’s 2026 annual meeting of stockholders.

How was the 3,677 restricted stock unit grant for GLOBAL INDUSTRIAL Co (GIC) director calculated?

The 3,677 restricted stock units were determined by dividing $110,000 by the closing share price averaged over the 20 trading days before the 2026 annual meeting. The result was rounded up to the nearest whole share to set the final award size.

When do Paul S. Pearlman’s restricted stock units from GLOBAL INDUSTRIAL Co (GIC) vest?

The restricted stock units granted on June 1, 2026 vest on the date of GLOBAL INDUSTRIAL Co’s second annual meeting following the grant. Vesting requires that Paul S. Pearlman continue serving as a director through and on that specified vesting date.

Was the GLOBAL INDUSTRIAL Co (GIC) Form 4 transaction a stock purchase or sale?

No, the Form 4 shows a grant classified as a grant, award, or other acquisition, not a market trade. Paul S. Pearlman received 3,677 restricted stock units as director compensation, with no purchase price per share reported and no shares sold in this filing.