ARMSTRONG LISA 4

What Happened Lisa Armstrong, Senior Vice President and Chief Marketing Officer of Global Industrial Co (GIC), was granted 4,160 restricted stock units (RSUs) on February 13, 2026. The Form 4 reports an acquisition price of $0 (typical for RSU grants); the units will convert to shares only as they vest. This is an equity award, not a purchase or sale.

Key Details

• Transaction date: February 13, 2026; Form 4 filed February 18, 2026.
• Transaction type/code: Award/Grant (A).
• Shares granted: 4,160 RSUs; acquisition price reported as $0.
• Vesting: Footnote states the RSUs vest ratably over four years from the grant date.
• Shares owned after transaction: Not disclosed on this Form 4.
• Timeliness: The grant occurred Feb 13 and the Form 4 was filed Feb 18 (5 days later); officers are generally required to file within 2 business days, so this filing appears later than the usual reporting window.

Context RSU grants are common compensation for executives and do not represent immediate cash proceeds or a market-directional bet — the holder receives shares only as RSUs vest. The reported $0 acquisition price reflects the grant accounting on the Form 4; the economic value will depend on GIC’s share price when the units vest.