Global Industrial (GIC) Insider: 2,741 Shares Surrendered for RSU Tax Withholding

Rhea-AI Filing Summary

Adina Storch, SVP & General Counsel of Global Industrial Co (GIC), reported a Section 16 transaction disposing of 2,741 shares on 08/27/2025 at $37.77 per share. The filing states the shares were surrendered to satisfy tax withholding on time-based restricted stock units that vested from an award originally granted on August 27, 2024. After the surrender, Storch beneficially owned 32,331 shares, held directly. The Form 4 was submitted with a signature by an attorney-in-fact on 08/28/2025. No other compensation, performance metrics, or forward-looking statements are included in this filing.

Positive

• Transaction explicitly disclosed as tax withholding for vested RSUs, providing transparency.
• Post-transaction ownership is specified: 32,331 shares held directly, clarifying insider stake.

Negative

• Insider holdings decreased by 2,741 shares due to the surrender.
• No additional context on other holdings or future grants beyond the single RSU award date is provided.

Insights

Securities Analyst

TL;DR: Insider surrendered shares to cover RSU taxes; small decrease in direct holdings, appears routine.

The Form 4 documents a routine disposition of 2,741 shares at $37.77 as tax withholding following the vesting of time-based RSUs granted one year earlier. The transaction reduced direct beneficial ownership to 32,331 shares. There is no indication of sales for liquidity beyond tax obligations, no derivative activity reported, and no material change to ownership control. For investors, this is a standard insider tax-satisfaction transaction with limited market impact.

Corporate Governance Expert

TL;DR: Governance disclosure is complete for the reported event; transaction aligns with equity compensation mechanics.

The filing clearly states the nature of the disposition as surrendered shares to pay taxes on vested time-based RSUs from an award dated August 27, 2024. Reporting identifies the role of the reporting person as SVP & General Counsel and provides post-transaction ownership. The signature by an attorney-in-fact is documented. No red flags such as unexplained open-market sales or insider trading patterns are present within this single filing; it meets Section 16 reporting requirements for the described event.

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
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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^*

ADINA STORCH

(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 & General Counsel

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		2,741(1)	D	$37.77	32,331	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/ Adina Storch 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 transaction did GIC insider Adina Storch report on Form 4?

The Form 4 reports the disposition of 2,741 shares on 08/27/2025 at $37.77 per share.

Why were the 2,741 GIC shares disposed of by the reporting person?

The shares were surrendered to satisfy tax withholding related to the vesting of time-based restricted stock units granted on August 27, 2024.

How many GIC shares does Adina Storch beneficially own after the reported transaction?

After the reported transaction, the filing lists 32,331 shares beneficially owned, held directly.

When was the Form 4 for the GIC transaction filed and signed?

The Form 4 shows the transaction date 08/27/2025 and was signed by an attorney-in-fact on 08/28/2025.

Was any derivative security activity reported in this GIC Form 4?

No derivative securities or option transactions are reported in this filing; only a non-derivative disposition is listed.