Shetty Manoj 4

What Happened

• Manoj Shetty, SVP & Chief Information Officer of Global Industrial Co. (GIC), was granted and/or issued a total of 6,341 restricted stock units (RSUs) on Feb 13, 2026: 5,288 RSUs granted (new award) and 1,053 shares issued upon vesting of performance-based RSUs from a Feb 13, 2022 award. The awards show $0.00 per share because they are equity grants/vests, not open-market purchases.
• To satisfy tax withholding on the vested performance RSUs, 436 shares were surrendered (disposed) at an implied value of $32.17 per share, totaling $14,026.

Key Details

• Transaction date(s): February 13, 2026; Form 4 filed February 18, 2026 (appears timely given business-day/holiday timing).
• Grants/Vesting: 5,288 RSUs granted under the 2020 Omnibus Long‑Term Incentive Plan (vest ratably over four years) [Footnote F1]. 1,053 shares issued on vesting of performance RSUs originally granted 2/13/2022 [F2].
• Tax withholding: 436 shares surrendered to cover tax liability related to the PRSU vesting; reported at $32.17 per share for $14,026 [F3]. Transaction code: A = award/grant; F = tax withholding.
• Shares owned after transaction: Not specified in the provided filing.

Context

• This is not an open‑market buy or sale; it’s equity compensation (grants and vesting). The surrender of shares is routine tax withholding and not a market sale signaling a change in view.
• The 5,288-share award is a new RSU grant that vests over four years; the 1,053 shares reflect performance RSUs that met vesting conditions from a 2022 award. For retail investors, grants and vesting show company compensation practices but are not direct indicators of insider buying or selling intent.