MSC Industrial (NYSE: MSM) director shifts trust shares and receives 1,603 RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
MSC Industrial Direct director Erik Gershwind reported several internal transfers of Class A common stock linked to family and estate-planning trusts on 01/27/2026, all at a reported price of $0. These include acquisitions and dispositions of indirect holdings through various trusts and a gift from his spouse. The filing notes that he disclaims beneficial ownership of many of these shares except for his pecuniary interest and that some shares are held in Grantor Retained Annuity Trusts and other trustee arrangements. Separately, on 01/23/2026 he received a grant of 1,603 restricted stock units, which vest on 01/23/2027 if he continues to serve as a non-executive director. The remarks also state he ceased to be an officer of the company effective December 31, 2025.
Positive
- None.
Negative
- None.
Insider Trade Summary
69,452 shares gifted
Mixed
10 txns
Insider
GERSHWIND ERIK
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Class A Common Stock, $0.001 par value | 12,647 | $0.00 | -- |
| Other | Class A Common Stock, $0.001 par value | 69,452 | $0.00 | -- |
| Other | Class A Common Stock, $0.001 par value | 12,020 | $0.00 | -- |
| Other | Class A Common Stock, $0.001 par value | 69,452 | $0.00 | -- |
| Other | Class A Common Stock, $0.001 par value | 69,452 | $0.00 | -- |
| Other | Class A Common Stock, $0.001 par value | 69,452 | $0.00 | -- |
| Gift | Class A Common Stock, $0.001 par value | 69,452 | $0.00 | -- |
| Other | Class A Common Stock, $0.001 par value | 69,452 | $0.00 | -- |
| Grant/Award | Restricted Stock Units (RSU) | 1,603 | $0.00 | -- |
| holding | Class A Common Stock, $0.001 par value | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock, $0.001 par value — 73,764 shares (Indirect, See footnotes);
Class A Common Stock, $0.001 par value — 1,639,359 shares (Direct);
Restricted Stock Units (RSU) — 1,603 shares (Direct)
Footnotes (1)
- Acquisition of indirect beneficial ownership by the Reporting Person as a result of a distribution by a trust. Disposition of indirect beneficial ownership as a result of distribution by a trust. Acquisition of indirect beneficial ownership by the Reporting Person as a result of a distribution by a trust. Disposition of indirect beneficial ownership as a result of distribution by a trust. Acquisition of indirect beneficial ownership by the Reporting Person as a result of a distribution by a trust by to a trust of which the Reporting Person?s spouse is trustee. Disposition of indirect beneficial ownership as a result of distribution by a trust of which the Reporting Person?s spouse is trustee. Acquisition of direct beneficial ownership by the Reporting Person as a result of a gift from the Reporting Person?s spouse. Disposition of indirect beneficial ownership as a result of distribution by a trust, of which the Reporting Person is a trustee. The Reporting Person disclaims beneficial ownership of the securities reported herein, except to the extent of such Reporting Person's pecuniary interest in such securities. Represents shares held by Grantor Retained Annuity Trusts of which the Reporting Person is the sole annuitant and trustee. Represents shares held by trusts over whose trustee the Reporting Person can exercise remove and replace powers. Represents shares held by a trust of which the Reporting Person?s spouse is trustee. Represents shares held by a trust of which the Reporting Person is a co-trustee and beneficiary. Represents shares held by a Trust of which the Reporting Person is a trustee. Following completion of the transactions reported herein, the Reporting Person ceased to be the trustee of such trust. As a result, the amount shown in Column 8 of Table 1 is reported as zero. Each RSU represents a contingent right to receive one share of Common Stock. 1,603 RSUs were granted on January 23, 2026, and vest on January 23, 2027, provided that the Reporting Person continues to serve as a Non-executive Director through the applicable vesting date. The vested shares will be delivered to the Reporting Person upon vesting.
FAQ
What insider transactions did Erik Gershwind report at MSC Industrial (MSM)?
Erik Gershwind reported multiple internal transfers of Class A common stock on January 27, 2026, all at a stated price of $0, involving acquisitions and dispositions through various trusts and a gift from his spouse, primarily changing how his indirect holdings are structured.
How many restricted stock units did Erik Gershwind receive from MSC Industrial (MSM)?
He received 1,603 restricted stock units (RSUs) on January 23, 2026. Each RSU represents the right to one share of Class A common stock, vesting on January 23, 2027, if he continues serving as a non-executive director through that vesting date.
Were Erik Gershwind’s MSC Industrial (MSM) transactions open-market buys or sells?
The reported transactions use codes J and G and all show a price of $0. Footnotes describe them as trust distributions, acquisitions or dispositions of indirect beneficial ownership, and a gift from his spouse, rather than open-market purchases or sales.
What change in corporate role did Erik Gershwind disclose at MSC Industrial (MSM)?
The remarks state that Erik Gershwind ceased to be an officer of MSC Industrial effective December 31, 2025. He continues to serve as a non-executive director, which is tied to the vesting condition for his 1,603 restricted stock units.
When will Erik Gershwind’s MSC Industrial (MSM) RSUs vest and be delivered?
The 1,603 RSUs granted on January 23, 2026 will vest on January 23, 2027, provided he remains a non-executive director through that date. The vested shares will then be delivered to him upon vesting, according to the filing.