Global Industrial insider tax withholding on RSU vesting reported
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Global Industrial Co. (GIC) filed a Form 4 reporting insider share withholding for taxes. On 10/28/2025, the company’s SVP & General Counsel reported a transaction coded “F,” indicating shares were withheld to cover taxes upon vesting of a prior equity award.
The filing shows 1,589 shares of common stock were surrendered at $34.86 to satisfy tax liability related to the vesting of a time‑based restricted stock unit award originally granted on October 25, 2021. Following this transaction, the insider directly beneficially owned 30,742 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
ADINA STORCH
Role
SVP & General Counsel
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 1,589 | $34.86 | $55K |
Holdings After Transaction:
Common Stock — 30,742 shares (Direct)
Footnotes (1)
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FAQ
What did GIC report in this Form 4?
An insider reported a tax‑withholding transaction (code “F”) tied to vesting of a time‑based RSU award.
What was the date of the transaction reported by GIC?
The transaction date was 10/28/2025.
What is the role of the reporting person at GIC?
The reporting person is SVP & General Counsel of Global Industrial Co.
What was the source of the tax‑withholding event?
It arose from the vesting of a time‑based RSU award originally granted on October 25, 2021.