Global Industrial controller sells 5,721 shares

The VP & Controller's November 5 sale included 2,928 shares at a weighted average price of $46.7326 per share.

Available on EDGAR 11/09/2026 - 04:47 PM EST Accepted by SEC EDGAR 11/09/2026 - 04:46 PM EST

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Form Type

Rhea-AI Filing Summary

At Global Industrial Co (GIC), VP & Controller Thomas Axmacher exercised 2,928 employee stock options on November 5, 2026, at $23.6500 per share, acquiring 2,928 common shares. He sold 5,721 common shares in transactions dated November 5, 2026, November 6, 2026, and November 9, 2026. The November 5 sale of 2,928 shares was reported at a weighted average price of $46.7326 per share; the exercised option position was reported as zero afterward.

Insider Trade Summary

Exercise and sale activity reported; no spread calculated

Exercise and Sale 6 txns

Insider AXMACHER THOMAS

Role VP & Controller

Sold 5,721 shs ($268K)

Approx. gross sale proceeds $268K

Approx. exercise cost $69K

Share of Position Sold 63.5%

Type	Security	Shares	Price	Value
Sale	Common Stock	648	$47.40	$31K
Sale	Common Stock	1,314	$46.795	$61K
Exercise	Employee Stock Option (right to buy) ^F2	2,928	$23.65	$69K
Exercise	Common Stock	2,928	$23.65	$69K
Sale	Common Stock ^F1	2,928	$46.7326	$137K
Sale	Common Stock	831	$46.965	$39K

Holdings After Transaction: Employee Stock Option (right to buy) — 0 options (Direct); Common Stock — 3,291 shares (Direct)

Holdings Before and After: Employee Stock Option (right to buy), 2,928 to 0 options (Direct); Common Stock, 6,084 to 3,291 shares (Direct)

Footnotes (2)

F1. The price reported in Column 4 is a weighted average sale price calculated by the broker executing the sales. These shares were sold in multiple transactions at prices ranging from $46.885000 to $46.525000, inclusive. The Reporting Person hereby undertakes to provide to the Securities and Exchange Commission staff, the Issuer, or a security holder of the Issuer, upon request, full information regarding the number of shares sold at each respective price within the range set forth in this footnote.
F2. The Employee Stock Option (right to buy) granted on February 10, 2020 have a four year vesting schedule with 25% vesting on the first, second, third and fourth anniversary dates of the grant date.

Key Figures

Common shares sold: 5,721 shares Employee stock options exercised: 2,928 options Common shares acquired through exercise: 2,928 shares +5 more

8 metrics

Common shares sold 5,721 shares Four reported sales dated November 5, 2026, November 6, 2026, and November 9, 2026

Employee stock options exercised 2,928 options November 5, 2026

Common shares acquired through exercise 2,928 shares November 5, 2026

Exercise price $23.6500 per share Employee stock options exercised on November 5, 2026

Weighted average sale price $46.7326 per share Sale of 2,928 shares on November 5, 2026

Sale price $46.9650 per share Sale of 831 shares on November 5, 2026

Sale price $46.7950 per share Sale of 1,314 shares on November 6, 2026

Sale price $47.4000 per share Sale of 648 shares on November 9, 2026

Key Terms

Employee Stock Option (right to buy), weighted average sale price, vesting schedule

3 terms

Employee Stock Option (right to buy) technical

"The Employee Stock Option (right to buy) granted on February 10, 2020"

weighted average sale price financial

"The price reported in Column 4 is a weighted average sale price"

vesting schedule financial

"have a four year vesting schedule"

A vesting schedule is a timeline that determines when someone gains full ownership of certain benefits, such as company stock or retirement contributions. Think of it like earning the right to own a gift gradually over time, rather than receiving it all at once. It matters to investors because it affects when they can fully access or sell these benefits, influencing their financial planning and decision-making.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many GIC shares did Thomas Axmacher sell?

Thomas Axmacher sold 5,721 shares of GIC common stock in four transactions dated November 5, 2026, November 6, 2026, and November 9, 2026. The November 5 sale's weighted average price was $46.7326 per share, with sales ranging from $46.885000 to $46.525000, inclusive. No Rule 10b5-1 plan is reported.

How many GIC stock options did Thomas Axmacher exercise?

Thomas Axmacher exercised 2,928 employee stock options on November 5, 2026, at $23.6500 per share. The exercise acquired 2,928 common shares, and the option position was reported as zero afterward.

What was the vesting schedule for Thomas Axmacher's GIC options?

The options were granted on February 10, 2020, with a four-year vesting schedule and 25% vesting on the first, second, third, and fourth anniversary dates.

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

Form 4 Insider Transactions: What Each Field Means →

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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^*

AXMACHER THOMAS

(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)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	VP & Controller

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
11/05/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	11/05/2026		M		2,928	A	$23.65	9,012	D
Common Stock	11/05/2026		S		2,928	D	$46.7326⁽¹⁾	6,084	D
Common Stock	11/05/2026		S		831	D	$46.965	5,253	D
Common Stock	11/06/2026		S		1,314	D	$46.795	3,939	D
Common Stock	11/09/2026		S		648	D	$47.4	3,291	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Employee Stock Option (right to buy)	$23.65	11/05/2026		M			2,928	⁽²⁾	02/10/2030	Common Stock	2,928	$23.65	0	D

Explanation of Responses:

1. The price reported in Column 4 is a weighted average sale price calculated by the broker executing the sales. These shares were sold in multiple transactions at prices ranging from $46.885000 to $46.525000, inclusive. The Reporting Person hereby undertakes to provide to the Securities and Exchange Commission staff, the Issuer, or a security holder of the Issuer, upon request, full information regarding the number of shares sold at each respective price within the range set forth in this footnote.

2. The Employee Stock Option (right to buy) granted on February 10, 2020 have a four year vesting schedule with 25% vesting on the first, second, third and fourth anniversary dates of the grant date.

	/s/ Thomas Axmacher by April Gruder as Attorney-in-Fact	11/09/2026
	** 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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR