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Global Industrial CFO surrenders 4,210 shares for tax

(High)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

GLOBAL INDUSTRIAL Co (GIC) reported an insider equity transaction by Thomas Eugene Clark, its SVP & Chief Financial Officer. On August 27, 2026, Clark had 4,210 shares of common stock disposed of under code F at $39.62 per share, representing shares surrendered to cover tax liability from the vesting of a time-based restricted stock unit award originally granted on August 27, 2024. After this tax-withholding transaction, Clark directly held 68,021 shares of GLOBAL INDUSTRIAL Co common stock.

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Insights

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Insider Clark Thomas Eugene
Role SVP & Chief Financial Officer
Type Security Shares Price Value
Tax Withholding Common Stock F1 4,210 $39.62 $167K
Holdings After Transaction: Common Stock — 68,021 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 disposed (tax withholding) 4,210 shares of Common Stock Code F transaction on August 27, 2026 for payment of tax liability
Transaction price per share $39.62 per share Valuation used for the 4,210-share tax-withholding disposition
Shares owned after transaction 68,021 shares of Common Stock Direct holdings of Thomas Eugene Clark following the August 27, 2026 transaction
Original RSU grant date August 27, 2024 Grant date of the time-based restricted stock unit award whose vesting triggered tax withholding
restricted stock unit financial
"vesting of a time-based restricted stock unit award originally granted"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
time-based financial
"vesting of a time-based restricted stock unit award originally"
tax liability financial
"Shares surrendered for payment of tax liability incident to vesting"
transaction code F regulatory
"transaction_code: "F" and description Payment of tax liability"

FAQ

What insider transaction did GLOBAL INDUSTRIAL Co (GIC) disclose for Thomas Eugene Clark?

GLOBAL INDUSTRIAL Co disclosed that Thomas Eugene Clark, SVP & CFO, had 4,210 shares of common stock disposed of on August 27, 2026, through a code F transaction related to tax withholding on vesting restricted stock units.

Was the GIC Form 4 transaction a market sale or tax withholding event?

The Form 4 transaction was a tax withholding event, not an open-market sale. The 4,210 shares were surrendered to pay tax liability associated with vesting of a time-based restricted stock unit award.

At what price were the 4,210 GIC shares valued in the Form 4 transaction?

The 4,210 shares of GLOBAL INDUSTRIAL Co common stock in the Form 4 were reported at $39.62 per share, used in connection with the tax-withholding disposition under transaction code F.

How many GLOBAL INDUSTRIAL Co (GIC) shares does Thomas Eugene Clark hold after this transaction?

After the August 27, 2026 transaction, Thomas Eugene Clark directly held 68,021 shares of GLOBAL INDUSTRIAL Co common stock, as reported in the Form 4.

What award triggered the tax-withholding transaction reported for GIC’s CFO?

The tax-withholding transaction was incident to the vesting of a time-based restricted stock unit award originally granted to Thomas Eugene Clark on August 27, 2024.

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*
Clark Thomas Eugene

(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 Financial 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 Stock08/27/2026F4,210(1)D$39.6268,021D
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/ Thomas Eugene Clark 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)