MSC INDUSTRIAL DIRECT CO INC·4

Apr 9, 6:31 PM ET

JACOBSON MITCHELL 4

Research Summary

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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.