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Global Industrial (GIC) SVP logs tax surrenders and ESPP share acquisition

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

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.
SEC Form 4
FORM 4 UNITED 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*
Tomey Alex

(Last) (First) (Middle)
C/O GLOBAL INDUSTRIAL COMPANY
11 HARBOR PARK DRIVE

(Street)
PORT WASHINGTON NY 11050

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
GLOBAL INDUSTRIAL Co [ GIC ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
SVP & Chief Merchandising Ofc.
3. Date of Earliest Transaction (Month/Day/Year)
03/02/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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)
Code V Amount (A) or (D) Price
Common Stock 03/02/2026 F 214(1) D $32.98 28,411 D
Common Stock 03/02/2026 F 175(2) D $32.98 28,236 D
Common Stock 03/02/2026 F 644(3) D $32.98 27,592 D
Common Stock 03/02/2026 J(4) V 537 A $19.7795(5) 28,129 D
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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount 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 February 21, 2023.
2. Shares surrendered for payment of tax liability incident to vesting of a time-based restricted stock unit award originally granted on February 28, 2024.
3. Shares surrendered for payment of tax liability incident to vesting of a time-based restricted stock unit award originally granted on February 25, 2025.
4. 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).
5. 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.
Remarks:
/s/ Alex Tomey by April Gruder as Attorney-in-Fact 03/03/2026
** Signature of Reporting Person Date
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.

FAQ

What insider transactions did GIC executive Alex Tomey report on this Form 4?

Alex Tomey reported routine equity events in GLOBAL INDUSTRIAL Co (GIC) stock. He surrendered shares to cover tax liabilities from vesting restricted stock units and reported an additional acquisition of 537 shares through the company’s Employee Stock Purchase Plan on March 2, 2026.

Were Alex Tomey’s GLOBAL INDUSTRIAL Co (GIC) transactions open-market sales?

The transactions were not open-market sales. Tomey surrendered shares to pay tax liabilities upon vesting of restricted stock units and reported an ESPP acquisition. These events relate to compensation and employee stock purchase arrangements, not discretionary buying or selling on the open market.

How many GLOBAL INDUSTRIAL Co (GIC) shares did Alex Tomey surrender for taxes?

Tomey surrendered 214, 175, and 644 shares of GLOBAL INDUSTRIAL Co common stock. These surrenders were to pay tax liabilities when time-based restricted stock unit awards granted in February 2023, February 2024, and February 2025 vested on March 2, 2026.

What price was used for Alex Tomey’s ESPP purchase of GIC shares?

The ESPP shares were purchased at 85% of the closing price of GLOBAL INDUSTRIAL Co stock on March 3, 2025. This resulted in an effective purchase price of about $19.7795 per share for 537 shares acquired under the company’s Employee Stock Purchase Plan.

Is Alex Tomey’s ESPP transaction in GIC exempt under Rule 16b-3?

Yes. The filing states that the 537-share acquisition of GLOBAL INDUSTRIAL Co common stock under the Employee Stock Purchase Plan on March 2, 2026 is exempt under Rule 16b-3(c), which typically applies to certain employee benefit and compensation-related transactions.

What is Alex Tomey’s role at GLOBAL INDUSTRIAL Co (GIC)?

Alex Tomey is identified as an officer of GLOBAL INDUSTRIAL Co, serving as SVP & Chief Merchandising Officer. His Form 4 filing reports equity compensation-related share surrenders for taxes and an Employee Stock Purchase Plan acquisition in the company’s common stock.
Global Industrial Co

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1.28B
17.93M
Industrial Distribution
Wholesale-industrial Machinery & Equipment
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United States
PORT WASHINGTON