Global Industrial (GIC) grants director $110K in restricted stock units

Rhea-AI Filing Summary

Michel Gary S reported acquisition or exercise transactions in this Form 4 filing.

GLOBAL INDUSTRIAL Co director Michel Gary S reported receiving a compensation-related stock grant rather than buying shares in the market. On the date of the 2026 Annual Meeting of Stockholders, he was awarded 3,677 restricted stock units (RSUs) under the company’s 2020 Omnibus Long-Term Incentive Plan.

The RSUs were calculated by dividing $110,000 by the closing share price averaged over the 20 trading days before the meeting, rounded up to a whole share. These units vest on the date of the company’s second annual meeting following the grant if he continues to serve as a director. After this grant, he directly holds 7,007 shares of common stock.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Michel Gary S

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	3,677	$0.00	--

Holdings After Transaction: Common Stock — 7,007 shares (Direct, null)

Footnotes (1)

1. On June 1, 2026 (the date of the Issuer's 2026 Annual Meeting of Stockholders), the reporting person was granted 3,677 restricted stock units pursuant to the Issuer's 2020 Omnibus Long-Term Incentive Plan. Such units vest on the date of the Issuer's second annual meeting following such grant (the "Vesting Date"); provided that the reporting person continues to be a director of the Issuer through and on the Vesting Date. The number of restricted stock units was determined by dividing $110,000 by the closing price per share during the 20 trading days preceding the date of the Issuer's 2026 Annual Meeting of Stockholders (rounded up to the nearest whole number of shares).

Key Figures

RSUs granted: 3,677 units Grant amount basis: $110,000 Shares after grant: 7,007 shares +1 more

4 metrics

RSUs granted 3,677 units Restricted stock units granted on 2026 Annual Meeting date

Grant amount basis $110,000 Dollar amount divided by 20-day average closing price

Shares after grant 7,007 shares Total common shares directly held following transaction

Transaction price per share $0.00 Compensation grant, not a market purchase

Key Terms

restricted stock units, 2020 Omnibus Long-Term Incentive Plan, Vesting Date

3 terms

restricted stock units financial

"the reporting person was granted 3,677 restricted stock units pursuant to the Issuer's 2020 Omnibus Long-Term Incentive Plan"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

2020 Omnibus Long-Term Incentive Plan financial

"granted 3,677 restricted stock units pursuant to the Issuer's 2020 Omnibus Long-Term Incentive Plan"

Vesting Date financial

"Such units vest on the date of the Issuer's second annual meeting following such grant (the "Vesting Date")"

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Form 4 Insider Transactions: What Each Field Means →

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^*

Michel Gary S

(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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/01/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Common Stock(1)	06/01/2026		A		3,677(2)	A	$0	7,007	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. On June 1, 2026 (the date of the Issuer's 2026 Annual Meeting of Stockholders), the reporting person was granted 3,677 restricted stock units pursuant to the Issuer's 2020 Omnibus Long-Term Incentive Plan. Such units vest on the date of the Issuer's second annual meeting following such grant (the "Vesting Date"); provided that the reporting person continues to be a director of the Issuer through and on the Vesting Date.

2. The number of restricted stock units was determined by dividing $110,000 by the closing price per share during the 20 trading days preceding the date of the Issuer's 2026 Annual Meeting of Stockholders (rounded up to the nearest whole number of shares).

Remarks:

	/s/ Gary S. Michel	06/01/2026
	** 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.
* Form 4: SEC 1474 (03-26)

FAQ

What did Michel Gary S receive in GLOBAL INDUSTRIAL Co (GIC) Form 4?

Michel Gary S reported receiving 3,677 restricted stock units as a stock-based compensation award. The grant was made under GLOBAL INDUSTRIAL Co’s 2020 Omnibus Long-Term Incentive Plan on the date of the 2026 Annual Meeting of Stockholders.

Is the GLOBAL INDUSTRIAL Co (GIC) Form 4 a market purchase or a stock grant?

The Form 4 reflects a stock grant, not a market purchase. Director Michel Gary S received 3,677 restricted stock units at no purchase price as part of his compensation, subject to future vesting conditions tied to board service.

How was the 3,677 restricted stock units grant for GLOBAL INDUSTRIAL Co (GIC) calculated?

The 3,677 restricted stock units were determined by dividing $110,000 by the closing share price averaged over the 20 trading days before the 2026 Annual Meeting, then rounding up to the nearest whole share, as described in the footnotes.

When do the restricted stock units granted to the GLOBAL INDUSTRIAL Co (GIC) director vest?

The restricted stock units vest on the date of GLOBAL INDUSTRIAL Co’s second annual meeting following the grant. Vesting requires that Michel Gary S continue serving as a director through and on that vesting date, according to the disclosure.

How many GLOBAL INDUSTRIAL Co (GIC) shares does Michel Gary S hold after this Form 4 transaction?

After the reported stock grant, Michel Gary S directly holds 7,007 shares of GLOBAL INDUSTRIAL Co common stock. This total includes the newly awarded restricted stock units reflected in the Form 4 transaction summary.