Global Industrial SVP surrenders 821 shares for tax
GLOBAL INDUSTRIAL Co executive Lisa Armstrong, the SVP & Chief Marketing Officer, reported a tax-related share disposition.
Rhea-AI Filing Summary
GLOBAL INDUSTRIAL Co executive Lisa Armstrong, the SVP & Chief Marketing Officer, reported a tax-related share disposition. On March 2, 2026, she surrendered 821 shares of Common Stock at $32.98 per share to cover tax liabilities tied to the vesting of a time-based restricted stock unit award originally granted on February 25, 2025. After this tax-withholding disposition, she directly owned 21,680 shares of Global Industrial common stock.
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Insider Trade Summary
Exercise Price or Tax Liability: 821 shares
Exercise Price or Tax Liability
1 txn
Insider
ARMSTRONG LISA
Role
SVP & Chief Marketing Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 821 | $32.98 | $27K |
Holdings After Transaction:
Common Stock — 21,680 shares (Direct)
Footnotes (1)
- F1. Shares surrendered for payment of tax liability incident to vesting of a time-based restricted stock unit award originally granted on February 25, 2025.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did GLOBAL INDUSTRIAL Co (GIC) report for Lisa Armstrong?
GLOBAL INDUSTRIAL Co reported that executive Lisa Armstrong surrendered 821 common shares to cover tax liabilities from a restricted stock unit vesting. The transaction used shares, not cash, for the tax payment and was recorded as a tax-withholding disposition.
What type of Form 4 transaction code was used in the GIC insider filing?
The transaction used code F, which indicates payment of an exercise price or tax liability by delivering securities. In this case, 821 shares were surrendered to satisfy tax obligations tied to the vesting of a time-based restricted stock unit award.
Was the GIC insider transaction an open-market sale by Lisa Armstrong?
No, the transaction was not an open-market sale. The 821 shares were surrendered to satisfy tax liabilities on a vesting restricted stock unit award, consistent with Form 4 code F for payment of tax by delivering securities.
AI-generated analysis. How Rhea-AI works. Not financial advice.