Global Industrial (GIC) Insider: 2,032 Shares Surrendered for Taxes

Rhea-AI Filing Summary

Christopher Longhito, SVP & Chief Supply Chain Officer of Global Industrial Company (GIC), reported a disposition of 2,032 shares of Common Stock on 08/27/2025 at a price of $37.77 per share. The filing states these shares were surrendered to satisfy tax withholding obligations arising from the vesting of a time-based restricted stock unit grant originally granted on 08/27/2024. After the transaction, Longhito beneficially owned 18,093 shares, held directly. The Form 4 was signed on 08/28/2025 by an attorney-in-fact.

Positive

• Remaining direct ownership of 18,093 shares indicates continued insider stake after tax-related disposition
• Disposition explicitly for tax withholding on vested RSUs, signaling this was administrative rather than a market sale

Negative

• 2,032 shares disposed at $37.77 reduced the reporting person’s holdings
• Transaction reduces free-floating shares available from this insider, though impact appears immaterial

Insights

Corporate Governance Expert

TL;DR: Routine tax-withholding disposition of vested RSUs; not a directional bet on company stock.

The filing reports a common, non-discretionary disposition where shares are surrendered to cover taxes on vested time-based restricted stock units granted a year earlier. This action is administrative and typical for equity compensation events. There is no indication of open-market sales or impact on control. The residual direct holding of 18,093 shares remains and should be viewed as unchanged in intent by the reporting officer.

Securities Analyst

TL;DR: Transaction is immaterial to enterprise value; proceeds reflect tax settlement, not portfolio reallocation.

The transaction size (2,032 shares at $37.77) appears modest relative to typical executive holdings and is explicitly for tax withholding upon RSU vesting. No derivative transactions or additional dispositions are reported. For investors, this is a routine insider filing that does not signal a change in executive conviction or a material liquidity 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^*

Longhito Christopher

(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 Supply Chain Ofc.

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		2,032(1)	D	$37.77	18,093	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/ Christopher Longhito 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 did Christopher Longhito report on Form 4 for GIC?

He reported the disposition of 2,032 shares of Common Stock on 08/27/2025 at $37.77 per share to satisfy tax withholding from vested RSUs.

Why were the 2,032 GIC shares surrendered?

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

How many GIC shares does Longhito own after the transaction?

After the reported disposition, he beneficially owned 18,093 shares, held directly.

Does the Form 4 show any open-market sale or purchase by Longhito?

No. The reported disposition is described as shares surrendered for tax withholding; there is no separate open-market sale or purchase reported.

When was the Form 4 signed?

The Form 4 was signed by an attorney-in-fact on 08/28/2025.