Longhito Christopher 4

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.