Global Industrial officer sells 6,487 shares
Rhea-AI Filing Summary
GLOBAL INDUSTRIAL Co (GIC) officer Claudia Hughes, SVP & Chief Sales Officer, reported multiple transactions in common stock. On August 27, 2026 she disposed of 2,596 shares to satisfy tax liability upon vesting of a restricted stock unit award and sold 1,734 shares. On August 28, 2026 she sold an additional 1,830 shares at $40.00 per share and 2,923 shares at a broker-calculated weighted average price of $39.6436 per share in multiple trades between $39.6900 and $39.6304.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 9,083 shares
Net Sell
4 txns
Insider
Hughes Claudia
Role
SVP & Chief Sales Officer
Sold
6,487 shs ($255K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,830 | $40.00 | $73K |
| Sale | Common Stock F2 | 2,923 | $39.6436 | $116K |
| Tax Withholding | Common Stock F1 | 2,596 | $39.62 | $103K |
| Sale | Common Stock | 1,734 | $38.22 | $66K |
Holdings After Transaction:
Common Stock — 32,167 shares (Direct)
Footnotes (2)
- 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.
- F2. The price reported in Column 4 is a weighted average sale price calculated by the broker executing the sales. These shares were sold in multiple transactions at prices ranging from $39.690000 to $39.630400, inclusive. The Reporting Person hereby undertakes to provide to the Securities and Exchange Commission staff, the Issuer, or a security holder of the Issuer, upon request, full information regarding the number of shares sold at each respective price within the range set forth in this footnote.
Key Figures
Shares sold (total): 6,487 shares
Sale on 2026-08-28: 1,830 shares at $40.00 per share
Weighted average sale price: $39.6436 per share
+3 more
6 metrics
Shares sold (total)
6,487 shares
Aggregate open-market or private sales of common stock reported in this Form 4
Sale on 2026-08-28
1,830 shares at $40.00 per share
Common stock sale transaction on August 28, 2026
Weighted average sale price
$39.6436 per share
2,923 shares sold on August 28, 2026 in multiple trades between $39.6900 and $39.6304
Sale on 2026-08-27
1,734 shares at $38.22 per share
Common stock sale transaction on August 27, 2026
Shares surrendered for taxes
2,596 shares at $39.62 per share
Code F disposition on August 27, 2026 for payment of tax liability on RSU vesting
Original RSU grant date
August 27, 2024
Time-based restricted stock unit award whose vesting triggered the tax-withholding share surrender
Key Terms
restricted stock unit, weighted average sale price, tax liability, open market or private transaction
4 terms
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.
weighted average sale price financial
"The price reported in Column 4 is a weighted average sale price"
tax liability financial
"Shares surrendered for payment of tax liability incident to vesting"
open market or private transaction financial
"Sale in open market or private transaction"
FAQ
What was the purpose of the code F transaction in this GLOBAL INDUSTRIAL Co (GIC) Form 4?
The code F transaction covered 2,596 shares surrendered on August 27, 2026 at $39.62 per share for payment of tax liability related to the vesting of a time-based restricted stock unit award originally granted on August 27, 2024.
Does this GLOBAL INDUSTRIAL Co (GIC) Form 4 indicate a Rule 10b5-1 trading plan?
The filing’s Rule 10b5-1 checkbox is unchecked (aff_10b5_one is false), and the footnotes do not state that any of the reported transactions were executed pursuant to a Rule 10b5-1 trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.