4Accepted Sep 3, 6:00 PM ET
Global Industrial (GIC) VP & Controller Thomas Axmacher Buys 250 Shares
Accepted (ET)
6:00 PM
Sep 3, 2026
Filed
Sep 3, 2026
Documents
1
Size
4.8 KB
Summary
Global Industrial (GIC) VP & Controller Thomas Axmacher Buys 250 Shares
What Happened
Thomas Axmacher, VP & Controller of Global Industrial Co (GIC), acquired 250 shares on a reported transaction that lists a price of $37.33 per share for a total of $9,333. The transaction is reported as an "Other acquisition or disposition (J)" and represents a purchase under the company's Employee Stock Purchase Plan (ESPP).
Key Details
- Transaction date (listed): 2027-09-03 (filing date/period reported: 2026-09-03) — there is an apparent date inconsistency; check the original SEC filing for clarification.
- Price: $37.33 per share.
- Shares acquired: 250; total reported value: $9,333.
- Footnote: Shares were purchased under the ESPP at 85% of the closing price of the issuer's common stock on September 3, 2025 (per filing footnote).
- Transaction code: J (other acquisition/disposition), commonly used for plan purchases.
- Shares owned after the transaction: Not provided in the supplied summary.
Context
This was an ESPP purchase (discounted employee purchase), not an open-market buy or option exercise. ESPP purchases are routine employee benefit transactions; they can be viewed as a modest affirmative action by an insider to increase ownership but do not necessarily signal a change in company outlook. Because the filing data shows an inconsistent transaction date relative to the filing date, retail investors should review the original SEC Form 4 (accession 0001437749-26-029639) for confirmation.