Global Industrial (GIC) SVP Adina Storch Surrenders 3,729 Shares for Taxes

What Happened
Adina Storch, Senior Vice President & General Counsel of Global Industrial Co (GIC), surrendered 3,729 shares on August 27, 2026 to satisfy tax withholding obligations related to the vesting of time‑based restricted stock units. The shares were valued at $39.62 each, totaling approximately $147,743. This was a tax‑withholding disposition (code F), not an open‑market sale or new purchase.

Key Details

• Transaction date: 2026-08-27; filing date: 2026-08-31.
• Disposition: 3,729 shares surrendered at $39.62/share; total value ≈ $147,743.
• Transaction code: F (shares withheld/surrendered to pay tax liability).
• Footnote: Shares were surrendered to cover tax liability upon vesting of time‑based RSUs originally granted on August 27, 2024.
• Shares owned after the transaction: not specified in the provided filing.

Context
This is a routine tax‑withholding action common when restricted stock units vest: the company withholds (or the insider surrenders) a portion of the vested shares to satisfy payroll/tax obligations. It does not indicate a market sale for cash and is generally not interpreted as a direct buy or sell signal about the insider’s view of the company.