Global Industrial (GIC) CFO Reports 385-Share ESPP Purchase on Form 4

Rhea-AI Filing Summary

Insider purchase under ESPP: Thomas Eugene Clark, SVP & Chief Financial Officer of Global Industrial Company (GIC), reported the purchase of 385 shares of the issuer's common stock on 09/02/2025 under the company's Employee Stock Purchase Plan (ESPP). The filing states the transaction is exempt under Rule 16b-3(c). Following this purchase, Mr. Clark beneficially owns 66,125 shares. The reported purchase price per share is $27.5825, and the filing notes the shares were purchased based on 85% of the closing price on September 3, 2024. The Form 4 was signed on 09/03/2025 by an attorney-in-fact.

Positive

• Insider participation: CFO purchased 385 shares under the ESPP, indicating personal investment in the company.
• Complete disclosure: Form 4 reports transaction code, price, date, and post-transaction beneficial ownership (66,125 shares).

Negative

• None.

Insights

Securities Analyst

TL;DR: CFO acquired 385 shares via ESPP; transaction is routine and Rule 16b-3(c) exempt.

This Form 4 documents a non-derivative acquisition by the company's CFO through the ESPP, an employee benefit plan that commonly allows purchases at a discount. The transaction size (385 shares) and the use of an ESPP suggest a routine, non-disclosable compensation-related purchase rather than a market-moving event. The filing properly notes the exemption under Rule 16b-3(c) and discloses post-transaction beneficial ownership of 66,125 shares, which is relevant for monitoring insider holdings and potential alignment with shareholder interests.

Corporate Governance Expert

TL;DR: Disclosure and signature are in order; purchase is consistent with standard insider participation in ESPP.

The Form 4 contains required elements: reporting person identity, relationship (SVP & CFO), transaction date, transaction code (J) indicating purchase under an employee benefit plan, number of shares acquired, price, and ownership after transaction. The signed submission, including attorney-in-fact signature, addresses signature formalities. There are no red flags such as unusual timing language or derivative transactions. From a governance perspective, this is a routine disclosure that increases insider ownership modestly.

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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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^*

Clark Thomas Eugene

(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 Financial Officer

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	385	A	$27.5825(2)	66,125	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 Sept. 3, 2024.

Remarks:

	/s/ Thomas Eugene Clark 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 Global Industrial Company (GIC) insider Thomas Eugene Clark report on Form 4?

The Form 4 reports that Mr. Clark acquired 385 shares of GIC common stock on 09/02/2025 under the company's Employee Stock Purchase Plan (ESPP).

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

The reported purchase price was $27.5825 per share, reflecting the ESPP pricing methodology noted in the filing.

How many GIC shares does the reporting person own after the transaction?

After the reported purchase, the filing discloses that the reporting person beneficially owns 66,125 shares.

Why was the ESPP purchase reported as exempt under Rule 16b-3(c)?

The filing states the transaction is exempt under Rule 16b-3(c), which covers certain transactions under compensatory benefit plans for insiders; the Form 4 identifies the purchase code J for employee plan acquisitions.

Who signed the Form 4 for Thomas Eugene Clark and when?

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