Global Industrial (GIC) SVP Alex Tomey Surrenders 3,362 Shares for Taxes

What Happened

• Alex Tomey, SVP & Chief Merchandising Officer of Global Industrial Co (GIC), surrendered 3,362 shares on 2026-08-27 to satisfy tax withholding related to the vesting of time‑based restricted stock units. The shares were valued at $39.62 each, for a total of $133,202. This was a tax‑withholding disposal (transaction code F), not an open‑market sale.

Key Details

• Transaction date and price: 2026-08-27 at $39.62 per share (3,362 shares; $133,202 total).
• Post‑transaction shares owned: Not specified in the provided filing.
• Footnote: Shares were surrendered to pay taxes on RSUs originally granted on 2024-08-27.
• Filing date: Form 4 filed 2026-08-31 (four days after the transaction); Form 4s are normally due within two business days, so this filing appears later than typical timing.

Context

• This was a cashless/tax‑withholding share surrender to cover tax liabilities on vested RSUs — a routine administrative action common when equity awards vest. It is not the same as an open‑market sale and does not by itself signal insider sentiment about the stock.