Global Industrial (GIC) SVP surrenders RSU shares to cover taxes
Filing Impact
Filing Sentiment
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
ADINA STORCH
Role
SVP & General Counsel
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 237 | $32.98 | $8K |
| Tax Withholding | Common Stock | 317 | $32.98 | $10K |
| Tax Withholding | Common Stock | 1,168 | $32.98 | $39K |
Holdings After Transaction:
Common Stock — 38,822 shares (Direct)
Footnotes (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. Shares surrendered for payment of tax liability incident to vesting of a time-based restricted stock unit award originally granted on February 28, 2024. 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
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.
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.