Global Industrial (GIC) SVP Acquires 95 Shares via ESPP at Discount

Rhea-AI Filing Summary

Christopher Longhito, SVP & Chief Supply Chain Officer of Global Industrial Company (GIC), reported an acquisition of common stock under the company's Employee Stock Purchase Plan on 09/02/2025. The filing shows 95 shares purchased at an effective price of $19.7795 per share (purchase based on 85% of the closing price on March 3, 2025). Following this transaction, Longhito directly beneficially owns 18,188 shares of GIC common stock. The Form 4 was signed on behalf of Longhito by an attorney-in-fact on 09/03/2025. The filing notes the transaction is exempt under Rule 16b-3(c) as an ESPP purchase.

Positive

• Insider participation in ESPP demonstrates management alignment with shareholder interests
• Clear disclosure of transaction details including price, date, and exemption under Rule 16b-3(c)
• Substantive post-transaction ownership of 18,188 shares reported

Negative

• None.

Insights

Securities Analyst

TL;DR: Routine insider purchase under the ESPP; small incremental buy with insider alignment but limited market impact.

This Form 4 reports a standard Employee Stock Purchase Plan acquisition of 95 shares at a discounted price, bringing the reporting person's direct holdings to 18,188 shares. Such ESPP purchases are common and exempt under Rule 16b-3(c). The size of the purchase is modest relative to typical market volumes, so it is unlikely to move the stock price or materially change insider ownership percentages. The filing does, however, indicate management participation in company equity programs, which may be viewed positively for alignment.

Corporate Governance Expert

TL;DR: Compliance and governance processes appear followed; disclosure timely and filed via attorney-in-fact.

The report discloses an ESPP-based purchase and explicitly states the Rule 16b-3(c) exemption, demonstrating adherence to insider transaction rules. The Form 4 was executed by an attorney-in-fact the day after the transaction, reflecting routine administrative handling. There are no red flags such as accelerated selling, option exercises, or unusual derivative activity disclosed. Overall, this is a routine insider participation in a compensation plan with clear disclosure.

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^*

Longhito Christopher

(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 Supply Chain Ofc.

3. Date of Earliest Transaction (Month/Day/Year)
09/02/2025

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	09/02/2025		J(1)	V	95	A	$19.7795(2)	18,188	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. 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 September 2, 2025. This transaction is exempt under Rule 16b-3(c).

2. 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/ Christopher Longhito by April Gruder as Attorney-in-Fact	09/03/2025
	** 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 transaction did the GIC insider report on Form 4?

The filing reports an ESPP purchase of 95 shares of Global Industrial Company common stock on 09/02/2025.

At what price were the GIC shares purchased in the Form 4 filing?

The shares were purchased at an effective price of $19.7795 per share (based on 85% of the closing price on March 3, 2025).

How many GIC shares does Christopher Longhito own after the reported transaction?

Following the purchase, Christopher Longhito directly beneficially owns 18,188 shares of GIC common stock.

Why is the transaction exempt under Rule 16b-3(c)?

The filing states the acquisition occurred under the company's Employee Stock Purchase Plan (ESPP), which is exempt from short-swing profit rules under Rule 16b-3(c).

When was the Form 4 signed and who signed it?

The Form 4 was signed by /s/ Christopher Longhito by April Gruder as Attorney-in-Fact on 09/03/2025.