STOCK TITAN

[Form 4] Global Industrial Company Insider Trading Activity

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

Christopher Longhito, SVP e Chief Supply Chain Officer di Global Industrial Company (GIC), ha dichiarato l'acquisto di azioni ordinarie nell'ambito dell'Employee Stock Purchase Plan della società in data 02/09/2025. La comunicazione riporta l'acquisto di 95 azioni a un prezzo effettivo di $19.7795 per azione (acquisto basato sull'85% del prezzo di chiusura del 3 marzo 2025). Dopo questa operazione, Longhito detiene direttamente e in via beneficiaria 18.188 azioni ordinarie GIC. Il Modulo 4 è stato firmato per conto di Longhito da un procuratore il 03/09/2025. La comunicazione specifica che la transazione è esente ai sensi della Regola 16b-3(c) come acquisto ESPP.

Christopher Longhito, SVP y Chief Supply Chain Officer de Global Industrial Company (GIC), informó la adquisición de acciones comunes bajo el Employee Stock Purchase Plan de la compañía el 02/09/2025. La presentación indica la compra de 95 acciones a un precio efectivo de $19.7795 por acción (compra basada en el 85% del precio de cierre del 3 de marzo de 2025). Tras esta operación, Longhito posee directa y beneficiariamente 18.188 acciones de GIC. El Formulario 4 fue firmado en nombre de Longhito por un apoderado el 03/09/2025. La presentación señala que la transacción está exenta conforme a la Regla 16b-3(c) como una compra ESPP.

Christopher Longhito, Global Industrial Company(GIC)의 SVP 겸 최고 공급망 책임자는 2025-09-02에 회사의 직원 주식 구매 계획(ESPP)을 통해 보통주를 취득했다고 보고했습니다. 신고서에 따르면 95주를 주당 유효 가격 $19.7795에 매수했으며(매수 가격은 2025년 3월 3일 종가의 85% 기준), 이 거래 이후 Longhito는 GIC 보통주를 직접적으로 18,188주 보유하게 됩니다. Form 4는 2025-09-03에 대리인이 Longhito를 대신하여 서명했습니다. 신고서에는 해당 거래가 ESPP 매수로서 규칙 16b-3(c)에 따라 면제된다고 기재되어 있습니다.

Christopher Longhito, SVP et Chief Supply Chain Officer de Global Industrial Company (GIC), a déclaré l'acquisition d'actions ordinaires dans le cadre du Employee Stock Purchase Plan de la société le 02/09/2025. Le dépôt indique l'achat de 95 actions à un prix effectif de $19.7795 par action (achat basé sur 85% du cours de clôture du 3 mars 2025). À la suite de cette opération, Longhito possède directement et à titre bénéficiaire 18.188 actions ordinaires GIC. Le formulaire 4 a été signé pour le compte de Longhito par un mandataire le 03/09/2025. Le dépôt précise que la transaction est exonérée en vertu de la règle 16b-3(c) en tant qu'achat ESPP.

Christopher Longhito, SVP und Chief Supply Chain Officer der Global Industrial Company (GIC), meldete am 02.09.2025 den Erwerb von Stammaktien im Rahmen des Employee Stock Purchase Plan des Unternehmens. Die Einreichung zeigt den Kauf von 95 Aktien zu einem effektiven Preis von $19.7795 je Aktie (Kauf basierend auf 85% des Schlusskurses vom 3. März 2025). Nach dieser Transaktion besitzt Longhito direkt wirtschaftlich 18.188 Aktien der GIC-Stammaktien. Das Formular 4 wurde am 03.09.2025 im Namen Longhitos von einem Bevollmächtigten unterzeichnet. In der Einreichung wird angegeben, dass die Transaktion gemäß Regel 16b-3(c) als ESPP-Kauf ausgenommen ist.

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

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.

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.

Christopher Longhito, SVP e Chief Supply Chain Officer di Global Industrial Company (GIC), ha dichiarato l'acquisto di azioni ordinarie nell'ambito dell'Employee Stock Purchase Plan della società in data 02/09/2025. La comunicazione riporta l'acquisto di 95 azioni a un prezzo effettivo di $19.7795 per azione (acquisto basato sull'85% del prezzo di chiusura del 3 marzo 2025). Dopo questa operazione, Longhito detiene direttamente e in via beneficiaria 18.188 azioni ordinarie GIC. Il Modulo 4 è stato firmato per conto di Longhito da un procuratore il 03/09/2025. La comunicazione specifica che la transazione è esente ai sensi della Regola 16b-3(c) come acquisto ESPP.

Christopher Longhito, SVP y Chief Supply Chain Officer de Global Industrial Company (GIC), informó la adquisición de acciones comunes bajo el Employee Stock Purchase Plan de la compañía el 02/09/2025. La presentación indica la compra de 95 acciones a un precio efectivo de $19.7795 por acción (compra basada en el 85% del precio de cierre del 3 de marzo de 2025). Tras esta operación, Longhito posee directa y beneficiariamente 18.188 acciones de GIC. El Formulario 4 fue firmado en nombre de Longhito por un apoderado el 03/09/2025. La presentación señala que la transacción está exenta conforme a la Regla 16b-3(c) como una compra ESPP.

Christopher Longhito, Global Industrial Company(GIC)의 SVP 겸 최고 공급망 책임자는 2025-09-02에 회사의 직원 주식 구매 계획(ESPP)을 통해 보통주를 취득했다고 보고했습니다. 신고서에 따르면 95주를 주당 유효 가격 $19.7795에 매수했으며(매수 가격은 2025년 3월 3일 종가의 85% 기준), 이 거래 이후 Longhito는 GIC 보통주를 직접적으로 18,188주 보유하게 됩니다. Form 4는 2025-09-03에 대리인이 Longhito를 대신하여 서명했습니다. 신고서에는 해당 거래가 ESPP 매수로서 규칙 16b-3(c)에 따라 면제된다고 기재되어 있습니다.

Christopher Longhito, SVP et Chief Supply Chain Officer de Global Industrial Company (GIC), a déclaré l'acquisition d'actions ordinaires dans le cadre du Employee Stock Purchase Plan de la société le 02/09/2025. Le dépôt indique l'achat de 95 actions à un prix effectif de $19.7795 par action (achat basé sur 85% du cours de clôture du 3 mars 2025). À la suite de cette opération, Longhito possède directement et à titre bénéficiaire 18.188 actions ordinaires GIC. Le formulaire 4 a été signé pour le compte de Longhito par un mandataire le 03/09/2025. Le dépôt précise que la transaction est exonérée en vertu de la règle 16b-3(c) en tant qu'achat ESPP.

Christopher Longhito, SVP und Chief Supply Chain Officer der Global Industrial Company (GIC), meldete am 02.09.2025 den Erwerb von Stammaktien im Rahmen des Employee Stock Purchase Plan des Unternehmens. Die Einreichung zeigt den Kauf von 95 Aktien zu einem effektiven Preis von $19.7795 je Aktie (Kauf basierend auf 85% des Schlusskurses vom 3. März 2025). Nach dieser Transaktion besitzt Longhito direkt wirtschaftlich 18.188 Aktien der GIC-Stammaktien. Das Formular 4 wurde am 03.09.2025 im Namen Longhitos von einem Bevollmächtigten unterzeichnet. In der Einreichung wird angegeben, dass die Transaktion gemäß Regel 16b-3(c) als ESPP-Kauf ausgenommen ist.

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.
Global Industrial Co

NYSE:GIC

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GIC Stock Data

1.47B
18.04M
52.81%
35.53%
1.08%
Industrial Distribution
Wholesale-industrial Machinery & Equipment
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United States
PORT WASHINGTON