AXMACHER THOMAS 4

What Happened
Thomas Axmacher, VP & Controller of Global Industrial Co. (GIC), was granted 927 restricted stock units (RSUs) and received 293 shares upon vesting of performance-based RSUs. To cover tax withholding on the vested PRSUs, 122 shares were surrendered (disposed) at $32.17 per share for a value of $3,925. The grants/vests were reported as acquisitions at $0.00 (standard for awards).

Key Details

• Transaction date: February 13, 2026. Filing date: February 18, 2026 (reported 5 days later; appears to be one business day past the likely due date of Feb 17).
• Awards: 927 RSUs granted (will vest ratably over four years from Feb 13, 2026). 293 shares issued on vesting of performance-based RSUs from the Feb 13, 2022 award.
• Disposal for tax withholding: 122 shares surrendered at $32.17/share = $3,925 (code F — tax withholding).
• Considerations: Shares owned after the transactions are not specified in the filing. See footnotes: new RSUs vest over four years; the 293 shares and the 122-share surrender relate to a 2022 PRSU award.

Context

• The 927-share grant is a future-compensation award (not a purchase) and vests over time; these awards are common executive compensation.
• The 293 shares reflect performance-based RSUs that vested; surrendering shares to cover taxes is routine (a cashless withholding) and does not necessarily indicate a market-driven sale.
• No indication this was a 10% owner transaction or a 10b5-1 plan; the filing’s timing appears delayed by one business day.