Longhito Christopher 4
4 · GLOBAL INDUSTRIAL Co · Filed Mar 3, 2026
Research Summary
AI-generated summary of this filing
Global Industrial (GIC) SVP Christopher Longhito Sells 820 Shares
What Happened
- Christopher Longhito, SVP & Chief Supply Chain Officer of Global Industrial Co (GIC), had 820 shares surrendered to cover tax liabilities tied to RSU vesting and separately acquired 96 shares through the company's ESPP on March 2, 2026.
- The surrendered shares were: 164 @ $32.98 ($5,409), 140 @ $32.98 ($4,617) and 516 @ $32.98 ($17,018), totaling 820 shares and $27,044. The ESPP purchase was 96 shares @ $19.78 for $1,899.
- These actions are routine tax-withholding on vested restricted stock units (RSUs) and an employee purchase plan buy; the surrenders are effectively sales to cover taxes, while the ESPP purchase is a company stock acquisition (generally a more bullish signal).
Key Details
- Transaction date: March 2, 2026. Form filed March 3, 2026 (timely).
- Surrendered (tax withholding): 164, 140, and 516 shares at $32.98 (total disposed = 820 shares; $27,044).
- ESPP acquisition: 96 shares at $19.78 (total $1,899). Per the filing, the ESPP purchase price was based on 85% of the closing price on March 3, 2025.
- Footnotes: Surrenders relate to time‑based RSUs granted Feb 21, 2023; Feb 28, 2024; and Feb 25, 2025. The ESPP transaction is reported as exempt under Rule 16b‑3(c).
- Shares owned after the transactions are not specified in the provided filing excerpt.
Context
- The three "Disposed" entries reflect shares surrendered to satisfy tax withholding obligations upon RSU vesting (common, routine). They are not open‑market sales intended as investment signals.
- The 96‑share ESPP purchase is an employee stock purchase (acquired at a discount per plan terms) and is typically viewed as a direct purchase of company stock.
- No indication of a 10% owner or 10b5‑1 trading plan; filing appears timely.
Insider Transaction Report
Form 4
Longhito Christopher
SVP & Chief Supply Chain Ofc.
Transactions
- Tax Payment
Common Stock
[F1]2026-03-02$32.98/sh−164$5,409→ 22,038 total - Tax Payment
Common Stock
[F2]2026-03-02$32.98/sh−140$4,617→ 21,898 total - Tax Payment
Common Stock
[F3]2026-03-02$32.98/sh−516$17,018→ 21,382 total - Other
Common Stock
[F4][F5]2026-03-02$19.78/sh+96$1,899→ 21,478 total
Footnotes (5)
- [F1]Shares surrendered for payment of tax liability incident to vesting of a time-based restricted stock unit award originally granted on February 21, 2023.
- [F2]Shares surrendered for payment of tax liability incident to vesting of a time-based restricted stock unit award originally granted on February 28, 2024.
- [F3]Shares surrendered for payment of tax liability incident to vesting of a time-based restricted stock unit award originally granted on February 25, 2025.
- [F4]The reporting person is voluntarily reporting the acquisition of shares of the Issuer's common stock pursuant to the Global Industrial Company (f/k/a Systemax Inc.) Employee Stock Purchase Plan ("ESPP") on March 2, 2026. This transaction is exempt under Rule 16b-3(c).
- [F5]In accordance with the ESPP, these shares were purchased based on 85% of the closing price of the Issuer's common stock on March 3, 2025.
Signature
/s/ Christopher Longhito by April Gruder as Attorney-in-Fact|2026-03-03