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Global Industrial exec surrenders 4,002 shares for tax

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

Rhea-AI Filing Summary

GLOBAL INDUSTRIAL Co (GIC) reported that officer Manoj Shetty, SVP & Chief Information Ofc., had 4,002 shares of common stock withheld on 2026-08-27 to pay tax liability related to the vesting of a time-based restricted stock unit award originally granted on 2024-08-27. After this tax-withholding disposition, Shetty directly holds 33,757 common shares.

Positive

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Negative

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Insider Shetty Manoj
Role SVP & Chief Information Ofc.
Type Security Shares Price Value
Tax Withholding Common Stock F1 4,002 $39.62 $159K
Holdings After Transaction: Common Stock — 33,757 shares (Direct)
Footnotes (1)
  1. F1. Shares surrendered for payment of tax liability incident to vesting of a time-based restricted stock unit award originally granted on August 27, 2024.
Shares withheld for tax 4,002 shares of Common Stock Surrendered on 2026-08-27 to pay tax liability on RSU vesting
Transaction price per share $39.62 per share Value used for 4,002 shares surrendered for tax liability
Shares owned after transaction 33,757 shares of Common Stock Direct holdings of Manoj Shetty following the 2026-08-27 transaction
RSU original grant date August 27, 2024 Time-based restricted stock unit award whose vesting triggered tax withholding
restricted stock unit financial
"vesting of a time-based restricted stock unit award originally granted"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
time-based restricted stock unit award financial
"vesting of a time-based restricted stock unit award originally granted"
Payment of tax liability by delivering or withholding securities financial
"transaction code description: Payment of tax liability by delivering"

FAQ

What insider transaction did GIC report for Manoj Shetty on August 27, 2026?
GLOBAL INDUSTRIAL Co reported that Manoj Shetty had 4,002 common shares withheld on 2026-08-27 to pay tax liability arising from a vesting restricted stock unit award. This was coded as a Form 4 transaction type F.

How many GLOBAL INDUSTRIAL Co (GIC) shares were involved in Manoj Shetty’s Form 4?
The Form 4 shows 4,002 shares of GLOBAL INDUSTRIAL Co common stock were surrendered for payment of tax liability in connection with a vesting restricted stock unit award.

What was the price used for the GIC shares withheld for Manoj Shetty’s taxes?
The shares surrendered for Manoj Shetty’s tax liability were valued at $39.62 per share, as reported for the 4,002 shares withheld on 2026-08-27.

How many GLOBAL INDUSTRIAL Co (GIC) shares does Manoj Shetty hold after this transaction?
Following the 4,002-share tax-withholding disposition, Manoj Shetty directly owns 33,757 shares of GLOBAL INDUSTRIAL Co common stock, according to the Form 4.

Was Manoj Shetty’s GIC Form 4 transaction a market sale or a tax withholding event?
The Form 4 identifies the transaction as a payment of tax liability by delivering or withholding securities (transaction code F), not as an open market sale.

What award triggered the tax-withholding share surrender for GIC executive Manoj Shetty?
The footnote states that the surrendered 4,002 shares were for tax liability incident to vesting of a time-based restricted stock unit award originally granted on August 27, 2024.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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SEC Form 4
FORM 4UNITED 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 NEW YORK 11050
(City)(State)(Zip)
UNITED STATES
(Country)		2. Issuer Name and Ticker or Trading Symbol
GLOBAL INDUSTRIAL Co [ GIC ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
SVP & Chief Information Ofc.
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/27/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock08/27/2026F4,002(1)D$39.6233,757D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount 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 August 27, 2024.
/s/ Manoj Shetty by April Gruder as Attorney-in-Fact08/31/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR