ARMSTRONG LISA 4

What Happened
Lisa Armstrong, Senior Vice President & Chief Marketing Officer of GLOBAL INDUSTRIAL (GIC), surrendered 821 shares to satisfy tax withholding related to the vesting of time‑based RSUs. The shares were reported disposed at $32.98 per share, for a total value of approximately $27,077. This was a tax‑withholding disposition tied to an award vesting, not an open‑market sale or a purchase.

Key Details

• Transaction date: 2026-03-02; Price: $32.98 per share; Total value: $27,077 (821 shares).
• Transaction code: F (shares surrendered for tax withholding).
• Footnote: Shares surrendered were used to pay tax liability arising from vesting of a time‑based RSU grant originally granted Feb 25, 2025.
• Filing: Form 4 was filed 2026-03-03 (filed the next day), which is timely under normal Form 4 rules.
• Shares owned after transaction: not reported in the provided summary.

Context
This is a routine tax‑withholding disposition commonly used when restricted stock units vest; it does not necessarily indicate a change in the insider’s view of the company. Unlike open‑market sales, the shares were surrendered to cover tax liability rather than sold for cash proceeds.