STOCK TITAN

[Form 4] Global Industrial Company Insider Trading Activity

Filing Impact
(Neutral)
Filing Sentiment
(Negative)
Form Type
4
Rhea-AI Filing Summary

Manoj Shetty, Senior Vice President & Chief Information Officer of Global Industrial Company (GIC), reported a sale-related transaction on 08/27/2025. The filing shows 4,165 shares of Common Stock were disposed of at $37.77 per share. The form states these shares were surrendered to satisfy tax withholding obligations tied to the vesting of a time-based restricted stock unit award originally granted on August 27, 2024. After the transaction, Mr. Shetty beneficially owned 33,069 shares, held directly. The Form 4 was signed by an attorney-in-fact on 08/28/2025.

Manoj Shetty, Vicepresidente Senior e Chief Information Officer di Global Industrial Company (GIC), ha riportato una transazione correlata a una vendita in data 08/27/2025. La comunicazione indica che sono state cedute 4.165 azioni di Common Stock al prezzo di $37.77 per azione. Il modulo specifica che queste azioni sono state consegnate per far fronte agli obblighi di ritenuta fiscale connessi alla maturazione di un premio in unità azionarie vincolate basato sul tempo originariamente assegnato il 27 agosto 2024. Dopo la transazione, il sig. Shetty possedeva direttamente in via beneficiaria 33.069 azioni. Il Modulo 4 è stato firmato da un procuratore il 08/28/2025.

Manoj Shetty, Vicepresidente Senior y Chief Information Officer de Global Industrial Company (GIC), informó una operación relacionada con una venta el 08/27/2025. La presentación muestra que se dispusieron 4.165 acciones ordinarias a $37.77 por acción. El formulario indica que estas acciones se entregaron para satisfacer obligaciones de retención fiscal vinculadas al vencimiento de una adjudicación de unidades de acciones restringidas basada en tiempo otorgada originalmente el 27 de agosto de 2024. Tras la operación, el Sr. Shetty poseía de forma beneficiaria 33.069 acciones en propiedad directa. El Formulario 4 fue firmado por un apoderado el 08/28/2025.

Manoj Shetty, Global Industrial Company(GIC)의 수석 부사장 겸 최고정보책임자(CIO), 는 08/27/2025에 매도 관련 거래를 보고했습니다. 제출서류에 따르면 보통주 4,165주가 주당 $37.77에 처분되었습니다. 서류에는 이 주식들이 원래 2024년 8월 27일에 부여된 시간 조건 기반 제한주(RSU)의 성과에 따른 세금 원천징수 의무를 충족하기 위해 반납되었다고 명시되어 있습니다. 거래 후 Shetty 씨는 직접 보유 형태로 33,069주를 실질 보유하고 있었습니다. Form 4는 08/28/2025에 대리인에 의해 서명되었습니다.

Manoj Shetty, vice-président principal et directeur des systèmes d'information (CIO) de Global Industrial Company (GIC), a déclaré une opération liée à une vente le 08/27/2025. Le dossier indique que 4 165 actions ordinaires ont été cédées au prix de 37,77 $ par action. Le formulaire précise que ces actions ont été remises pour satisfaire les obligations de retenue fiscale liées à l'acquisition (vesting) d'une attribution d'unités d'actions restreintes à durée déterminée initialement accordée le 27 août 2024. Après la transaction, M. Shetty détenait directement, à titre bénéficiaire, 33 069 actions. Le formulaire 4 a été signé par un mandataire le 08/28/2025.

Manoj Shetty, Senior Vice President und Chief Information Officer der Global Industrial Company (GIC), meldete am 08/27/2025 eine verkaufsbezogene Transaktion. Die Einreichung zeigt, dass 4.165 Stammaktien zu je $37.77 veräußert wurden. Das Formular gibt an, dass diese Aktien zur Erfüllung von Steuerabzugsverpflichtungen im Zusammenhang mit der Vesting einer zeitbasierten Restricted-Stock-Unit-Zuteilung zurückgegeben wurden, die ursprünglich am 27. August 2024 gewährt worden war. Nach der Transaktion hielt Herr Shetty wirtschaftlich begünstigt 33.069 Aktien direkt. Das Formular 4 wurde am 08/28/2025 von einem Bevollmächtigten unterschrieben.

Positive
  • None.
Negative
  • None.

Insights

TL;DR: Routine tax-related surrender of vested RSUs; no new purchases or additional departures reported.

The reported disposition of 4,165 shares appears to be a common post-vesting tax withholding action rather than an open-market sale for liquidity. The transaction reduces the reporting person's direct holdings to 33,069 shares. There is no indication of additional sales, option exercises, or derivative transactions in this filing. For investors, this is a routine insider reporting item and does not, on its face, signal a change in company strategy or executive status.

TL;DR: Disclosure aligns with Section 16 reporting; transaction is administrative and not governance-related.

The Form 4 discloses a surrender of shares to cover tax liabilities from vested RSUs granted a year earlier. The reporting person retains officer status as SVP & Chief Information Officer, and the filing was executed via attorney-in-fact, a permissible administrative practice. No indications of policy breaches, unusual timing, or coordination with other insiders are present in this single filing.

Manoj Shetty, Vicepresidente Senior e Chief Information Officer di Global Industrial Company (GIC), ha riportato una transazione correlata a una vendita in data 08/27/2025. La comunicazione indica che sono state cedute 4.165 azioni di Common Stock al prezzo di $37.77 per azione. Il modulo specifica che queste azioni sono state consegnate per far fronte agli obblighi di ritenuta fiscale connessi alla maturazione di un premio in unità azionarie vincolate basato sul tempo originariamente assegnato il 27 agosto 2024. Dopo la transazione, il sig. Shetty possedeva direttamente in via beneficiaria 33.069 azioni. Il Modulo 4 è stato firmato da un procuratore il 08/28/2025.

Manoj Shetty, Vicepresidente Senior y Chief Information Officer de Global Industrial Company (GIC), informó una operación relacionada con una venta el 08/27/2025. La presentación muestra que se dispusieron 4.165 acciones ordinarias a $37.77 por acción. El formulario indica que estas acciones se entregaron para satisfacer obligaciones de retención fiscal vinculadas al vencimiento de una adjudicación de unidades de acciones restringidas basada en tiempo otorgada originalmente el 27 de agosto de 2024. Tras la operación, el Sr. Shetty poseía de forma beneficiaria 33.069 acciones en propiedad directa. El Formulario 4 fue firmado por un apoderado el 08/28/2025.

Manoj Shetty, Global Industrial Company(GIC)의 수석 부사장 겸 최고정보책임자(CIO), 는 08/27/2025에 매도 관련 거래를 보고했습니다. 제출서류에 따르면 보통주 4,165주가 주당 $37.77에 처분되었습니다. 서류에는 이 주식들이 원래 2024년 8월 27일에 부여된 시간 조건 기반 제한주(RSU)의 성과에 따른 세금 원천징수 의무를 충족하기 위해 반납되었다고 명시되어 있습니다. 거래 후 Shetty 씨는 직접 보유 형태로 33,069주를 실질 보유하고 있었습니다. Form 4는 08/28/2025에 대리인에 의해 서명되었습니다.

Manoj Shetty, vice-président principal et directeur des systèmes d'information (CIO) de Global Industrial Company (GIC), a déclaré une opération liée à une vente le 08/27/2025. Le dossier indique que 4 165 actions ordinaires ont été cédées au prix de 37,77 $ par action. Le formulaire précise que ces actions ont été remises pour satisfaire les obligations de retenue fiscale liées à l'acquisition (vesting) d'une attribution d'unités d'actions restreintes à durée déterminée initialement accordée le 27 août 2024. Après la transaction, M. Shetty détenait directement, à titre bénéficiaire, 33 069 actions. Le formulaire 4 a été signé par un mandataire le 08/28/2025.

Manoj Shetty, Senior Vice President und Chief Information Officer der Global Industrial Company (GIC), meldete am 08/27/2025 eine verkaufsbezogene Transaktion. Die Einreichung zeigt, dass 4.165 Stammaktien zu je $37.77 veräußert wurden. Das Formular gibt an, dass diese Aktien zur Erfüllung von Steuerabzugsverpflichtungen im Zusammenhang mit der Vesting einer zeitbasierten Restricted-Stock-Unit-Zuteilung zurückgegeben wurden, die ursprünglich am 27. August 2024 gewährt worden war. Nach der Transaktion hielt Herr Shetty wirtschaftlich begünstigt 33.069 Aktien direkt. Das Formular 4 wurde am 08/28/2025 von einem Bevollmächtigten unterschrieben.

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*
Shetty Manoj

(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 Information Ofc.
3. Date of Earliest Transaction (Month/Day/Year)
08/27/2025
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 08/27/2025 F 4,165(1) D $37.77 33,069 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 August 27, 2024.
Remarks:
/s/ Manoj Shetty by April Gruder as Attorney-in-Fact 08/28/2025
** 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 did GIC insider Manoj Shetty report on Form 4?

The filing reports the disposition of 4,165 shares on 08/27/2025, surrendered to cover taxes from RSU vesting.

How many shares does Manoj Shetty own after the transaction (GIC)?

After the reported transaction, Mr. Shetty beneficially owned 33,069 shares of Global Industrial Company common stock.

What was the price associated with the disposed shares in the Form 4?

The disposed shares are reported at a price of $37.77 per share.

Why were the 4,165 shares surrendered according to the filing?

The filing states the shares were surrendered to satisfy a tax liability incident to the vesting of a time-based RSU award granted on August 27, 2024.

When was the Form 4 signed and by whom?

The Form 4 was signed by an attorney-in-fact on behalf of Manoj Shetty on 08/28/2025.
Global Industrial Co

NYSE:GIC

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GIC Stock Data

1.45B
18.02M
52.81%
35.53%
1.08%
Industrial Distribution
Wholesale-industrial Machinery & Equipment
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United States
PORT WASHINGTON