MSC director reshapes trust holdings, gains RSUs
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.
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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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Class A Common Stock, $0.001 par value | 12,647 | $0.00 | $0.00 |
| Other | Class A Common Stock, $0.001 par value | 69,452 | $0.00 | $0.00 |
| Other | Class A Common Stock, $0.001 par value | 12,020 | $0.00 | $0.00 |
| Other | Class A Common Stock, $0.001 par value | 69,452 | $0.00 | $0.00 |
| Other | Class A Common Stock, $0.001 par value | 69,452 | $0.00 | $0.00 |
| Other | Class A Common Stock, $0.001 par value | 69,452 | $0.00 | $0.00 |
| Gift | Class A Common Stock, $0.001 par value | 69,452 | $0.00 | $0.00 |
| Other | Class A Common Stock, $0.001 par value | 69,452 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units (RSU) | 1,603 | $0.00 | $0.00 |
| holding | Class A Common Stock, $0.001 par value | -- | -- | -- |
Footnotes (16)
- F1. Acquisition of indirect beneficial ownership by the Reporting Person as a result of a distribution by a trust.
- F2. Disposition of indirect beneficial ownership as a result of distribution by a trust.
- F3. Acquisition of indirect beneficial ownership by the Reporting Person as a result of a distribution by a trust.
- F4. Disposition of indirect beneficial ownership as a result of distribution by a trust.
- F5. 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.
- F6. Disposition of indirect beneficial ownership as a result of distribution by a trust of which the Reporting Person?s spouse is trustee.
- F7. Acquisition of direct beneficial ownership by the Reporting Person as a result of a gift from the Reporting Person?s spouse.
- F8. Disposition of indirect beneficial ownership as a result of distribution by a trust, of which the Reporting Person is a trustee.
- F9. 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.
- F10. Represents shares held by Grantor Retained Annuity Trusts of which the Reporting Person is the sole annuitant and trustee.
- F11. Represents shares held by trusts over whose trustee the Reporting Person can exercise remove and replace powers.
- F12. Represents shares held by a trust of which the Reporting Person?s spouse is trustee.
- F13. Represents shares held by a trust of which the Reporting Person is a co-trustee and beneficiary.
- F14. 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.
- F15. Each RSU represents a contingent right to receive one share of Common Stock.
- F16. 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
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What insider transactions did Erik Gershwind report at MSC Industrial (MSM)?
How many restricted stock units did Erik Gershwind receive from MSC Industrial (MSM)?
Were Erik Gershwind’s MSC Industrial (MSM) transactions open-market buys or sells?
What change in corporate role did Erik Gershwind disclose at MSC Industrial (MSM)?
When will Erik Gershwind’s MSC Industrial (MSM) RSUs vest and be delivered?
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