Global Industrial CHRO forfeits 2,196 shares for RSU tax withholding
Rhea-AI Filing Summary
Donna Fielding, Chief Human Resources Officer of Global Industrial Company (GIC), reported a disposition of 2,196 shares of common stock on 08/27/2025 at a reported price of $37.77 per share. The transaction code is F, and the filing explains these shares were surrendered to pay tax withholding for the vesting of a time-based restricted stock unit award originally granted on 08/27/2024. After the disposition, she beneficially owns 23,030 shares in a direct capacity. The Form 4 is signed via attorney-in-fact on 08/28/2025.
Positive
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Insights
TL;DR: Routine tax-withholding share surrender from vested RSUs; limited market impact given modest size relative to typical insider trades.
The filing documents a disposition of 2,196 shares executed to satisfy tax obligations tied to RSU vesting. This is recorded under transaction code F, which denotes a disposition not necessarily executed on the open market but used for withholding purposes. The per-share price shown is $37.77 and post-transaction direct ownership is 23,030 shares. For investors, this type of transaction is administrative and does not represent an intentional sale for liquidity or investment signaling based on the information provided.
TL;DR: Governance-wise this is a standard insider reporting of tax-related share surrender following RSU vesting; disclosure appears complete.
The Form 4 identifies the reporting person, role (Chief Human Resources Officer), relationship to the issuer, transaction date, and an explanatory note that shares were surrendered to cover taxes from RSU vesting. The form is signed by an attorney-in-fact. There are no indications of related-party transactions, unusual timing, or deviations from expected disclosure practice in this filing.