Global Industrial SVP reports tax-share surrenders
Tomey Alex reported disposition transactions in this Form 4 filing.
Rhea-AI Filing Summary
Tomey Alex reported disposition transactions in this Form 4 filing.
GLOBAL INDUSTRIAL Co senior vice president and chief merchandising officer Alex Tomey reported routine equity compensation-related transactions in the company’s common stock. On March 2, 2026, he surrendered 214, 175, and 644 shares at $32.98 per share to cover tax liabilities tied to vesting restricted stock units originally granted in February 2023, February 2024, and February 2025.
He also reported an other transaction involving 537 shares at a price of $19.7795, reflecting an acquisition of common stock through the company’s Employee Stock Purchase Plan at 85% of the March 3, 2025 closing price, which is exempt under Rule 16b-3(c).
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 214 | $32.98 | $7K |
| Exercise Price or Tax Liability | Common Stock | 175 | $32.98 | $6K |
| Exercise Price or Tax Liability | Common Stock | 644 | $32.98 | $21K |
| Other | Common Stock | 537 | $19.7795 | $11K |
Footnotes (5)
- F1. Shares surrendered for payment of tax liability incident to vesting of a time-based restricted stock unit award originally granted on February 21, 2023.
- F2. Shares surrendered for payment of tax liability incident to vesting of a time-based restricted stock unit award originally granted on February 28, 2024.
- F3. Shares surrendered for payment of tax liability incident to vesting of a time-based restricted stock unit award originally granted on February 25, 2025.
- F4. 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).
- F5. In accordance with the ESPP, these shares were purchased based on 85% of the closing price of the Issuer's common stock on March 3, 2025.
FAQ
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What insider transactions did GIC executive Alex Tomey report on this Form 4?
Were Alex Tomey’s GLOBAL INDUSTRIAL Co (GIC) transactions open-market sales?
Is Alex Tomey’s ESPP transaction in GIC exempt under Rule 16b-3?
What is Alex Tomey’s role at GLOBAL INDUSTRIAL Co (GIC)?
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