Global Industrial Co (GIC) CFO reports tax share surrenders, ESPP buy
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Clark Thomas Eugene reported disposition transactions in this Form 4 filing.
GLOBAL INDUSTRIAL Co Senior Vice President and Chief Financial Officer Thomas Eugene Clark reported several routine equity transactions. On March 2, 2026, he surrendered 1,439, 381 and 1,403 shares of common stock at $32.98 per share to cover tax liabilities triggered by vesting of prior restricted stock unit awards granted in February 2023, February 2024 and February 2025. He also acquired 371 shares through the company’s Employee Stock Purchase Plan at a price equal to 85% of the closing price on that date, ending with 72,634 directly owned shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Clark Thomas Eugene
Role
SVP & Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 1,439 | $32.98 | $47K |
| Tax Withholding | Common Stock | 381 | $32.98 | $13K |
| Tax Withholding | Common Stock | 1,403 | $32.98 | $46K |
| Other | Common Stock | 371 | $28.6365 | $11K |
Holdings After Transaction:
Common Stock — 74,047 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. The reporting person is voluntarily reporting the acquisition of shares of the Issuer's common stock pursuant to the Global Industrial Company (f/k/a Systemax Inc.) Employee Stock Purchase Plan ("ESPP") on March 2, 2026. This transaction is exempt under Rule 16b-3(c). In accordance with the ESPP, these shares were purchased based on 85% of the closing price of the Issuer's common stock on March 2, 2026.