JACOBSON MITCHELL 4
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MSC Industrial (MSM) 10% Owner Mitchell Jacobson Gifts 2,913 Shares
What Happened Mitchell Jacobson, reported as a 10% owner of MSC Industrial Direct Co., Inc. (MSM), disposed of 2,913 shares as a gift on January 21, 2026. The transaction is coded as a gift (G) and is reported at $0.00 per share (total reported value $0). The Form 4 covering this transfer was filed on January 23, 2026.
Key Details
- Transaction date: 2026-01-21; filing date: 2026-01-23 (filed within the typical two-business-day reporting window).
- Transaction type/code: Gift (G).
- Shares transferred: 2,913; price reported: $0.00 (gift).
- Shares owned after transaction: Not specified in the provided filing.
- Relevant footnotes from the filing:
- F1: Reporting person disclaims beneficial ownership except for pecuniary interest.
- F2: Some shares are held by trusts of which the reporting person is settlor with remove/replace powers.
- F3: Some shares are held in Grantor Retained Annuity Trusts and other trusts where the reporting person exercises voting/dispositive power.
Context Gifts are transfers for estate-planning or personal reasons and do not necessarily indicate the reporting person’s view on the company’s stock. As a 10% owner (rather than an operating executive), this transfer reflects a change in beneficial/nominee holdings and trust arrangements; it should be interpreted differently than an open-market purchase or sale by management.