Tomey Alex 4
Research Summary
AI-generated summary
GLOBAL INDUSTRIAL (GIC) SVP Alex Tomey Receives RSU Award, Surrenders Shares
What Happened
- Alex Tomey, SVP & Chief Merchandising Officer of GLOBAL INDUSTRIAL Co (GIC), was granted/issued a total of 5,790 shares via restricted stock units (4,480 + 1,310) on Feb 13, 2026 (awards recorded at $0). Simultaneously, 542 shares were surrendered to cover tax withholding at $32.17 per share, a disposal valued at about $17,436. The awards include new RSU grants and shares issued upon vesting of performance-based RSUs.
Key Details
- Transaction date(s): February 13, 2026; Form filed February 18, 2026 (timely within the two-business-day SEC window).
- Award details: 4,480 RSUs (grant) and 1,310 RSUs (issuance upon PRSU vesting) recorded as acquisitions at $0.00.
- Tax withholding: 542 shares disposed at $32.17/share for tax payment (total ≈ $17,436).
- Shares owned after transaction: not specified in the information provided on the filing.
- Footnotes: F1 — the RSU grant vests ratably over four years under the 2020 Omnibus LTIP. F2 — 1,310 shares were issued upon vesting of performance-based RSUs originally granted 2/13/2022. F3 — 542 shares were surrendered to satisfy tax liabilities from that vesting.
- Transaction codes: A = Award/Grant, F = Tax withholding (share surrender).
Context
- These transactions are primarily compensation-related (RSU grant and vesting); the 542-share surrender is a routine tax-withholding action rather than an open-market sale. Such awards and withholdings are common in executive compensation and do not necessarily indicate a change in the insider’s market view. The new RSU grant vests over four years, so additional shares may vest and/or be withheld for taxes in the future.
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