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Global Industrial (GIC) SVP surrenders RSU shares to cover taxes

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

Rhea-AI Filing Summary

GLOBAL INDUSTRIAL Co senior vice president and general counsel Adina Storch reported three tax-withholding dispositions of common stock. On these transactions, a total of 237, 317 and 1,168 shares were surrendered at $32.98 per share to cover tax liabilities upon vesting of prior time-based restricted stock unit awards. Following these dispositions, she directly owned 37,337 shares of common stock.

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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*
ADINA STORCH

(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 & General Counsel
3. Date of Earliest Transaction (Month/Day/Year)
03/02/2026
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 03/02/2026 F 237(1) D $32.98 38,822 D
Common Stock 03/02/2026 F 317(2) D $32.98 38,505 D
Common Stock 03/02/2026 F 1,168(3) D $32.98 37,337 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. Shares surrendered for payment of tax liability incident to vesting of a time-based restricted stock unit award originally granted on February 21, 2023.
2. Shares surrendered for payment of tax liability incident to vesting of a time-based restricted stock unit award originally granted on February 28, 2024.
3. Shares surrendered for payment of tax liability incident to vesting of a time-based restricted stock unit award originally granted on February 25, 2025.
Remarks:
/s/ Adina Storch by April Gruder as Attorney-in-Fact 03/03/2026
** 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.

FAQ

What did Adina Storch report in this Form 4 for GLOBAL INDUSTRIAL (GIC)?

Adina Storch reported three tax-withholding dispositions of GLOBAL INDUSTRIAL Co common stock. She surrendered 237, 317 and 1,168 shares at $32.98 per share to cover tax liabilities on vesting restricted stock units.

Was the GLOBAL INDUSTRIAL (GIC) Form 4 a market sale by the SVP?

The Form 4 shows tax-withholding dispositions, not open-market sales. Shares were surrendered to satisfy tax liabilities triggered by vesting of time-based restricted stock unit awards granted in 2023, 2024 and 2025.

How many GLOBAL INDUSTRIAL (GIC) shares does Adina Storch own after these transactions?

After these tax-withholding dispositions, Adina Storch directly owned 37,337 shares of GLOBAL INDUSTRIAL Co common stock, according to the post-transaction holdings reported for the final transaction on the Form 4.

What price per share was used for the tax-withholding dispositions in GIC’s Form 4?

Each of the reported tax-withholding dispositions used a price of $32.98 per share. This price applied to the 237-share, 317-share and 1,168-share surrenders related to vesting restricted stock unit awards.

Which GLOBAL INDUSTRIAL (GIC) equity awards were involved in these tax-withholding transactions?

The tax-withholding share surrenders relate to time-based restricted stock unit awards originally granted on February 21, 2023, February 28, 2024 and February 25, 2025, each vesting and triggering associated tax liabilities.
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1.28B
17.93M
Industrial Distribution
Wholesale-industrial Machinery & Equipment
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United States
PORT WASHINGTON