CHAIBI ANESA 4

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.