Global Industrial Insider RSU Tax-Withholding: 1,693 Shares Surrendered

Rhea-AI Filing Summary

Claudia Hughes, SVP & Chief Sales Officer of Global Industrial Company (GIC), reported a transaction on 08/27/2025 selling 1,693 shares of Common Stock at $37.77 per share. The filing states these shares were surrendered to cover tax withholding related to the vesting of a time-based restricted stock unit award originally granted on 08/27/2024. After the transaction, Ms. Hughes beneficially owned 37,129 shares directly. The Form 4 was signed on 08/28/2025 by an attorney-in-fact.

Insights

Financial Analyst

TL;DR: Insider surrendered vested RSUs to satisfy taxes, reducing holdings modestly; transaction appears administrative rather than directional.

The reported disposition of 1,693 shares at $37.77 per share is described as a surrender for tax withholding tied to RSU vesting from a grant dated 08/27/2024. This is a common, non-discretionary event for executives and does not indicate a voluntary open-market sale. The remaining direct beneficial ownership of 37,129 shares provides context on the officer's continued equity stake.

Corporate Governance Expert

TL;DR: Routine compliance transaction: tax-related share surrender following RSU vesting; governance implications are minimal.

The Form 4 documents an administrative disposition used to satisfy tax obligations on vested time-based RSUs. Such transactions are standard and typically governed by company compensation and withholding policies. No additional governance actions, plans, or discretionary open-market sales are disclosed in the filing.

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

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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^*

Hughes Claudia

(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 Sales Officer

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		1,693(1)	D	$37.77	37,129	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/ Claudia Hughes 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 Claudia Hughes report on Form 4 for GIC?

She reported the disposition of 1,693 shares of Common Stock on 08/27/2025 at a price of $37.77 per share.

Why were the 1,693 shares disposed according to the filing?

The shares were surrendered to pay tax withholding related to the vesting of a time-based restricted stock unit award granted on 08/27/2024.

How many shares does Claudia Hughes beneficially own after the reported transaction?

The filing reports she beneficially owned 37,129 shares directly following the transaction.

When was the Form 4 signed and by whom?

The form was signed on 08/28/2025 by /s/ Claudia Hughes by April Gruder as Attorney-in-Fact.

What is Claudia Hughes' role at Global Industrial Company (GIC)?

She is listed as SVP & Chief Sales Officer and an officer reporting under Section 16.