4Filed Feb 17, 7:00 PM ET
GLOBAL INDUSTRIAL (GIC) CEO Anesa Chaibi Receives Awards
$GIC · GLOBAL INDUSTRIAL CoResearch Summary
AI-generated summary of this SEC filing
GLOBAL INDUSTRIAL (GIC) CEO Anesa Chaibi Receives Awards
What Happened Anesa Chaibi, CEO of Global Industrial Co (GIC), received equity awards on Feb 13, 2026: 16,164 restricted stock units (RSUs) and a grant of 26,531 stock-option units (derivative), both reported at $0.00 (awards). On Feb 17, 2026 she surrendered 2,670 shares at $31.80 per share (total ~$84,906) to satisfy tax withholding related to RSUs that vested from a prior grant.
Key Details
- Transactions:
- 2026-02-13: Grant — 16,164 RSUs acquired @ $0.00 (F1). RSUs vest ratably over four years from the grant date.
- 2026-02-13: Grant (derivative) — 26,531 stock-option units acquired @ $0.00 (F3). Options vest 25% each year over four years.
- 2026-02-17: Tax withholding — 2,670 shares disposed @ $31.80 = $84,906 (F2). These shares were surrendered to cover taxes on RSUs granted Feb 17, 2025.
- Shares owned after the transactions: not specified in the filing.
- Filing timeliness: Report filed 2026-02-18 for transactions on Feb 13 and Feb 17; filing appears timely under Form 4 two-business-day rules.
- Codes: A = award/grant, F = tax withholding (share surrender).
Context
- The Feb 13 entries are grants (awards of RSUs and options), not exercises or open-market purchases. Vesting schedules mean these awards will convert to owned shares over the next four years if vesting conditions are met.
- The Feb 17 disposition was a standard tax-withholding transaction tied to prior RSU vesting, not an open-market sale for investment purposes. Such withholdings are routine and do not by themselves indicate CEO market timing or sentiment.