JACOBSON MITCHELL 4
4 · MSC INDUSTRIAL DIRECT CO INC · Filed Apr 9, 2026
Research Summary
AI-generated summary of this filing
MSM 10% Owner Mitchell Jacobson Gifts 14,972 Shares
What Happened
Mitchell Jacobson, reported as a 10% owner of MSC Industrial Direct Co. (MSM), disposed of 14,972 shares as a gift (transaction code G) on April 7, 2026. The Form 4 records the disposition price as $0.00 (gifts are typically reported at $0 in these filings). The Form 4 was filed on April 9, 2026.
Key Details
- Transaction date: 2026-04-07; Filing date: 2026-04-09 (filed within the standard 2-business-day window).
- Transaction type/code: Gift (G). Reported price: $0.00; shares disposed: 14,972.
- Shares owned after transaction: Not disclosed in this filing.
- Footnotes of note:
- F1: Reporting person disclaims beneficial ownership except for pecuniary interest.
- F2/F3: Shares represented as held in trusts (including trusts where the reporting person is settlor or is settlor/annuitant/trustee of Grantor Retained Annuity Trusts) and over which the reporting person has certain powers.
- No indication of late filing or 10b5-1 plan in the report.
Context
This was a gift transaction, which is a transfer rather than a market sale; such transfers do not necessarily indicate the insider’s view of the company’s prospects. As a >10% owner, Jacobson’s transfers often involve trust or estate planning structures (as noted in the footnotes), rather than routine open-market sales.
Insider Transaction Report
- Gift
Class A Common Stock
[F1][F2]2026-04-07−14,972→ 2,878,615 total(indirect: See footnotes)
- 2,882,913(indirect: See footnotes)
Class A Common Stock
[F1][F3] - 2,328,192
Class A Common Stock
Footnotes (3)
- [F1]The Reporting Person disclaims beneficial ownership of the securities reported herein, except to the extent of such Reporting Person's pecuniary interest therein.
- [F2]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.
- [F3]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.