GLOBAL INDUSTRIAL (GIC) SVP Lisa Armstrong Surrenders 3,405 Shares

What Happened
Lisa Armstrong, Senior Vice President & Chief Marketing Officer of Global Industrial Co (GIC), surrendered 3,405 shares to cover tax withholding tied to the vesting of time‑based restricted stock units. The shares were valued at $39.62 each, for a total of $134,906. This was a tax‑withholding disposal (code F), not an open‑market sale or purchase.

Key Details

• Transaction date: 2026-08-27; price per share: $39.62; shares surrendered: 3,405; total value: $134,906.
• Shares owned after transaction: Not disclosed in this Form 4 filing.
• Footnote: Shares were surrendered to pay tax liability on the vesting of time‑based RSUs originally granted on August 27, 2024 (footnote F1).
• Filing date: 2026-08-31 — filed on time (within the Form 4 reporting window).
• Transaction code: F = payment of exercise price or tax liability (share withholding).

Context
This was a routine tax‑withholding action following RSU vesting — the company retained/surrendered shares to satisfy Ms. Armstrong’s tax obligation. It is not the same as an open‑market sale and generally should not be interpreted as a directional trading signal about her view of the stock.