Trusts tied to MSC (MSM) director Mitchell Jacobson transfer 2,913 shares
Rhea-AI Filing Summary
MSC Industrial Direct Co., Inc. insider trusts transfer shares. Trusts associated with director and 10% owner Mitchell Jacobson transferred 2,913 shares of Class A Common Stock on January 21, 2026, coded "G" to indicate a gift or similar transfer at a reported price of $0 per share. After this transaction, entities associated with him held 2,893,587 Class A shares indirectly and 2,328,192 Class A shares directly. The filing notes that Jacobson disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest, and explains that a substantial portion of the holdings are in various trusts over which he has certain powers or voting/dispositive authority.
Positive
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Negative
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FAQ
What did Mitchell Jacobson-related trusts report in this MSC (MSM) Form 4?
Trusts and other entities associated with Mitchell Jacobson reported a transfer of 2,913 shares of MSC Industrial Direct Class A Common Stock on January 21, 2026, using transaction code "G", which indicates a gift or similar transfer at a reported $0 per share.
How many MSC (MSM) shares do entities associated with Mitchell Jacobson hold after this Form 4?
Following the reported transaction, entities associated with Mitchell Jacobson held 2,893,587 Class A shares indirectly and 2,328,192 Class A shares directly of MSC Industrial Direct Co., Inc.
Does Mitchell Jacobson claim full beneficial ownership of the MSC (MSM) shares reported?
No. The filing states that the Reporting Person disclaims beneficial ownership of the securities reported, except to the extent of his pecuniary interest in them.
How are the indirectly held MSC (MSM) shares structured for Mitchell Jacobson?
Footnotes explain that some shares are held by trusts where Jacobson is the settlor and has powers over trustees, while others are in Grantor Retained Annuity Trusts where he is the settlor, sole annuitant, and trustee or otherwise has voting or dispositive power over portfolio securities.
What does transaction code "G" mean in this MSC (MSM) insider filing?
Transaction code "G" in the Form 4 indicates a gift or similar transfer of securities. In this case, it applies to the 2,913 Class A shares moved on January 21, 2026 at a reported $0 per share.
What is Mitchell Jacobson’s relationship to MSC Industrial Direct Co., Inc. (MSM)?
According to the Form 4, Mitchell Jacobson is both a director and a 10% owner of MSC Industrial Direct Co., Inc.