|4Feb 18, 5:04 PM ET

ADINA STORCH 4

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GLOBAL INDUSTRIAL (GIC) SVP Adina Storch Receives RSU Award

What Happened

  • Adina Storch, Senior Vice President & General Counsel of Global Industrial Co (ticker: GIC), received equity awards and had performance-based units vest on Feb 13, 2026. She was granted 7,777 restricted stock units (RSUs) (acquisition price $0) and received 922 shares upon the vesting of performance-based RSUs originally awarded Feb 13, 2022. To satisfy tax withholding on the vested PRSUs, 382 shares were surrendered (disposed) at $32.17 each, for a withholding value of $12,289. Net shares issued from the vesting event = 922 − 382 = 540 shares.

Key Details

  • Transaction date: Feb 13, 2026; Form 4 filed Feb 18, 2026 (timely filing).
  • Grants: 7,777 RSUs granted (code A) at $0.00; vest ratably over four years from Feb 13, 2026 (per footnote).
  • Vesting: 922 shares issued from a 2022 Performance RSU award (per footnote).
  • Tax withholding: 382 shares surrendered to pay taxes (code F) at $32.17 each = $12,289.
  • Shares owned after transaction: Not specified in the reported Form 4.
  • Relevant footnotes: new RSUs vest ratably over four years (F1); 922 shares reflect vesting of a 2022 performance award (F2); 382 shares were surrendered for tax withholding on that vesting (F3).

Context

  • This filing reflects equity compensation vesting and routine tax withholding—not an open-market purchase or a discretionary sale. RSU grants (A) are future-delivery awards that vest over time; the surrendered shares (F) are a common cashless method to cover taxes and do not necessarily indicate a change in insider sentiment.