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
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Class A Common Stock | 2,913 | $0.00 | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Footnotes (1)
- The Reporting Person disclaims beneficial ownership of the securities reported herein, except to the extent of such Reporting Person's pecuniary interest therein. Represents shares held by trusts of which the Reporting Person is the settlor and over whose trustees the Reporting Person can exercise remove and replace powers. Represents shares held by Grantor Retained Annuity Trusts of which the Reporting Person is the settlor, sole annuitant and trustee, and other trusts over whose portfolio securities the Reporting Person exercises voting or dispositive power.
FAQ
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.