STOCK TITAN
  1. Home
  2. Sec-filings
  3. GIC
  4. [Form 4] GLOBAL INDUSTRIAL Co Insider Trading Activity

Global Industrial (GIC) SVP gets 5,288 RSUs, surrenders shares for tax

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

Rhea-AI Filing Summary

GLOBAL INDUSTRIAL Co senior vice president Manoj Shetty reported equity awards and related tax-withholding transactions in company common stock.

On February 13, 2026, he was granted 5,288 restricted stock units under the 2020 Omnibus Long-Term Incentive Plan, which will vest ratably over four years from the grant date. On the same date, 1,053 shares of common stock were issued upon vesting of performance-based restricted stock units from an award originally granted on February 13, 2022.

Also on February 13, 2026, 436 shares were surrendered at $32.17 per share to cover tax liabilities tied to that 2022 performance award. Following these transactions, Shetty directly owned 38,974 shares of GLOBAL INDUSTRIAL Co common stock.

Positive

  • None.

Negative

  • None.
Insider Shetty Manoj
Role SVP & Chief Information Ofc.
Type Security Shares Price Value
Grant/Award Common Stock 5,288 $0.00 --
Grant/Award Common Stock 1,053 $0.00 --
Tax Withholding Common Stock 436 $32.17 $14K
Holdings After Transaction: Common Stock — 38,357 shares (Direct)
Footnotes (1)
  1. On February 13, 2026, the reporting person was granted restricted stock units pursuant to the Issuer's 2020 Omnibus Long-Term Incentive Plan, which will vest ratably over four years from the date of grant. Shares of common stock issued upon vesting of performance-based restricted stock units in accordance with the terms of a Performance Restricted Stock Unit award originally granted on February 13, 2022. Shares surrendered for payment of tax liability incident to vesting of the Performance Restricted Stock Unit award originally granted on February 13, 2022.
See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
Form 4 Insider Transactions: What Each Field Means →
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*
Shetty Manoj
(Last) (First) (Middle)
C/O GLOBAL INDUSTRIAL COMPANY
11 HARBOR PARK DRIVE
(Street)
PORT WASHINGTON NY 11050
(City) (State) (Zip)
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)
SVP & Chief Information Ofc.
3. Date of Earliest Transaction (Month/Day/Year)
02/13/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
 6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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)
Code V Amount (A) or (D) Price
Common Stock 02/13/2026 A 5,288(1) A $0 38,357 D
Common Stock 02/13/2026 A 1,053(2) A $0 39,410 D
Common Stock 02/13/2026 F 436(3) D $32.17 38,974 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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. On February 13, 2026, the reporting person was granted restricted stock units pursuant to the Issuer's 2020 Omnibus Long-Term Incentive Plan, which will vest ratably over four years from the date of grant.
2. Shares of common stock issued upon vesting of performance-based restricted stock units in accordance with the terms of a Performance Restricted Stock Unit award originally granted on February 13, 2022.
3. Shares surrendered for payment of tax liability incident to vesting of the Performance Restricted Stock Unit award originally granted on February 13, 2022.
Remarks:
/s/ Manoj Shetty by April Gruder as Attorney-in-Fact 02/18/2026
** 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.

Source: View Original Filing on SEC EDGAR

FAQ

What insider transactions did GIC executive Manoj Shetty report on February 13, 2026?

Manoj Shetty reported stock awards and related tax withholding transactions on February 13, 2026. He received restricted stock units, shares from a performance-based award vesting, and surrendered some shares to cover tax liabilities tied to that vesting event.

How many restricted stock units did GIC grant to Manoj Shetty and how do they vest?

GIC granted Manoj Shetty 5,288 restricted stock units under its 2020 Omnibus Long-Term Incentive Plan. These RSUs vest ratably over four years from the February 13, 2026 grant date, meaning portions of the award are scheduled to vest each year during that period.

What performance-based stock award vested for GIC executive Manoj Shetty in 2026?

In 2026, 1,053 shares of Global Industrial common stock were issued to Manoj Shetty upon vesting of performance-based restricted stock units. This vesting related to a Performance Restricted Stock Unit award originally granted on February 13, 2022, according to the disclosed footnotes.

Why were 436 GIC shares surrendered by Manoj Shetty and at what price?

Manoj Shetty surrendered 436 shares of Global Industrial common stock to pay tax liability from the 2022 performance award vesting. The shares were valued at $32.17 per share for this tax-withholding disposition, as indicated by the Form 4 transaction details and footnotes.

How many GLOBAL INDUSTRIAL Co shares does Manoj Shetty own after these transactions?

After the February 13, 2026 transactions, Manoj Shetty directly owned 38,974 shares of Global Industrial common stock. This total reflects the new awards, performance-based vesting, and the share surrender used to cover related tax obligations on the vested performance units.

What plan governed the 2026 restricted stock unit grant to GIC’s Manoj Shetty?

The 2026 restricted stock unit grant to Manoj Shetty was made under Global Industrial’s 2020 Omnibus Long-Term Incentive Plan. This plan provides for equity-based compensation, and the RSUs granted to Shetty are scheduled to vest ratably over four years from the February 13, 2026 grant date.