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Global Industrial (GIC) Insider Purchase: Tomey Acquires 537 Shares via ESPP

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

Rhea-AI Filing Summary

Global Industrial Company (GIC) insider purchase reported by Alex Tomey. Alex Tomey, listed as SVP & Chief Merchandising Officer and a company officer, acquired 537 shares of Global Industrial common stock on 09/02/2025 at a reported price of $19.7795 per share. The shares were purchased pursuant to the company's Employee Stock Purchase Plan (ESPP) and the filing states the purchase is exempt under Rule 16b-3(c). After the transaction Tomey beneficially owned 23,377 shares. The filing was submitted on 09/03/2025 and executed by an attorney-in-fact.

Positive

  • None.

Negative

  • None.

Insights

TL;DR: A routine, small ESPP purchase by an officer; limited market impact but indicates participation in company stock program.

This transaction reflects an officer purchase of 537 shares via the ESPP at an effective price of $19.7795 per share. The purchase is described as exempt under Rule 16b-3(c), which applies to certain compensatory plans and typically signals a standard, non-discretionary acquisition rather than a timed signal about company prospects. Given the post-transaction beneficial ownership of 23,377 shares, the trade is modest relative to typical institutional holdings and is unlikely to be material to valuation or capital structure.

TL;DR: Compliance appears in order: timely Form 4, signature by attorney-in-fact, and ESPP disclosure.

The Form 4 discloses required details: reporter identity and role (SVP & Chief Merchandising Officer), transaction date, number of shares acquired, price, and basis for exemption (ESPP under Rule 16b-3(c)). The form is signed by an attorney-in-fact and filed promptly the day after the acquisition date, consistent with Section 16 reporting expectations. No indications of atypical arrangements or material governance concerns are present in the disclosed text.

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*
Tomey Alex

(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 Merchandising 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 537 A $19.7795(2) 23,377 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/ Alex Tomey 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 Alex Tomey report on the Form 4 for GIC?

Alex Tomey reported acquiring 537 shares of Global Industrial common stock on 09/02/2025.

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

The reported purchase price was $19.7795 per share.

Under what plan were the GIC shares acquired by the reporting person?

The shares were acquired under the Global Industrial Company Employee Stock Purchase Plan (ESPP), and the filing states the transaction is exempt under Rule 16b-3(c).

How many GIC shares did Alex Tomey beneficially own after the reported transaction?

After the transaction, Alex Tomey beneficially owned 23,377 shares.

When was the Form 4 signed and filed?

The signature on the Form 4 is dated 09/03/2025 and was executed by Alex Tomey through an attorney-in-fact.
Global Industrial Co

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1.16B
18.15M
52.77%
35.54%
0.79%
Industrial Distribution
Wholesale-industrial Machinery & Equipment
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United States
PORT WASHINGTON