Global Industrial (GIC) CFO Clark Thomas Eugene Surrenders 4,210 Shares

What Happened Clark Thomas Eugene, Chief Financial Officer of Global Industrial Co (GIC), surrendered 4,210 shares on August 27, 2026 to satisfy a tax liability tied to the vesting of time‑based restricted stock units. The shares were valued at $39.62 each, for a total value of $166,800. This was a tax‑withholding disposition (code F), not an open‑market sale.

Key Details

• Transaction date: 2026-08-27; Price per share: $39.62; Total value: $166,800.
• Transaction code: F (payment of exercise price or tax liability via share surrender).
• Shares surrendered were to cover taxes on RSUs originally granted on August 27, 2024 (footnote F1).
• Shares owned after the transaction: not disclosed in the supplied filing.
• Filing date / timeliness: Form 4 filed 2026-08-31 — appears timely (filed within the SEC’s two business‑day window).

Context This was a routine tax‑withholding action (often called a “sell‑to‑cover” or net share settlement) following RSU vesting, not an indication of a discretionary open‑market sale. Such transactions are common when companies allow or require employees to surrender shares to satisfy tax withholding obligations.