STOCK TITAN

Global Industrial CMO surrenders 3,405 shares for tax

(Moderate)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

GLOBAL INDUSTRIAL Co (GIC) reported an insider equity-related tax event for officer Lisa Armstrong, SVP & Chief Marketing Officer. On August 27, 2026, Armstrong had 3,405 shares of common stock disposed of at $39.62 per share to satisfy tax liabilities associated with the vesting of a time-based restricted stock unit award originally granted on August 27, 2024. Following this tax-withholding disposition, Armstrong beneficially held 18,275 common shares directly.

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Insider ARMSTRONG LISA
Role SVP & Chief Marketing Officer
Type Security Shares Price Value
Tax Withholding Common Stock F1 3,405 $39.62 $135K
Holdings After Transaction: Common Stock — 18,275 shares (Direct)
Footnotes (1)
  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.
Shares surrendered for tax 3,405 shares Common stock surrendered on 2026-08-27 for tax liability on RSU vesting
Transaction price per share $39.62 per share Valuation used for the 3,405 surrendered shares in the tax-withholding transaction
Shares held after transaction 18,275 shares Directly owned GLOBAL INDUSTRIAL Co common shares by Lisa Armstrong after the disposition
Transaction date 2026-08-27 Date of tax-withholding share disposition tied to RSU vesting
RSU original grant date 2024-08-27 Original grant date of time-based restricted stock unit award that vested
Shares for exercise price or tax liability 3,405 shares ExercisePriceOrTaxLiabilityShares in transaction summary for code F event
time-based restricted stock unit 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"
beneficially held financial
"Following this tax-withholding disposition, Armstrong beneficially held"
Form 4 regulatory
"GLOBAL INDUSTRIAL Co reported an insider equity-related tax event on Form 4"
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 Lisa Armstrong?

GLOBAL INDUSTRIAL Co reported that Lisa Armstrong had 3,405 common shares surrendered on August 27, 2026 to pay tax liability arising from vesting of a time-based RSU award. The Form 4 identifies this as a tax-withholding disposition, not an open-market purchase or sale.

Was the GIC insider transaction by Lisa Armstrong an open-market sale?

No. The Form 4 describes the transaction as shares surrendered for payment of tax liability upon vesting of a time-based RSU award, coded as an F transaction, rather than an open-market sale (code S).

How many GIC shares does Lisa Armstrong hold after this Form 4 transaction?

After the reported tax-withholding disposition, Lisa Armstrong directly held 18,275 shares of GLOBAL INDUSTRIAL Co common stock, as disclosed in the Form 4’s post-transaction holdings field.

At what price were the GIC shares valued in Lisa Armstrong’s tax-withholding transaction?

The 3,405 GLOBAL INDUSTRIAL Co shares surrendered for tax purposes were valued at $39.62 per share, according to the transaction price per share reported in the Form 4.

What triggered the GIC share surrender reported for Lisa Armstrong?

The share surrender was triggered by the vesting of a time-based restricted stock unit award originally granted on August 27, 2024. Shares were surrendered to cover the associated tax liability at vesting.

Was the Lisa Armstrong GIC transaction under a Rule 10b5-1 trading plan?

No. The filing’s Rule 10b5-1 checkbox is not checked (false), and the footnote describes the event as shares surrendered for tax liability on RSU vesting, not as trades under a pre-arranged 10b5-1 trading plan.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates
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*
ARMSTRONG LISA

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
SVP & Chief Marketing Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/27/2026
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 Stock08/27/2026F3,405(1)D$39.6218,275D
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. Shares surrendered for payment of tax liability incident to vesting of a time-based restricted stock unit award originally granted on August 27, 2024.
/s/ Lisa Armstrong by April Gruder as Attorney-in-Fact08/31/2026
** 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)